BOSTON, Sept. 17, 2014 /PRNewswire/ -- John Hancock
Insurance has launched a campaign that provides advisors with the
expertise, support material and resources required to tap into the
life insurance needs of the growing global high net worth (HNW)
market.
According to the 2013 World Wealth Report, the global HNW
population grew 9.2 percent to reach 12 million in 2012 and its
assets are expected to reach $55.8
trillion in 2015, with an annual growth rate of 6.5
percent.[1] The growth of the global HNW market has created
an increasing demand for U.S. life insurance for those individuals
who have ties to the U.S. and are seeking solutions to meet their
estate and tax planning needs.
"With our extensive underwriting and Advanced Markets expertise,
John Hancock has a long-standing reputation for meeting the needs
of the global high net worth market," said Mike Doughty, President, John Hancock Insurance.
"We've now pulled together this knowledge in one comprehensive
marketing and educational package to help our producers and firms
understand the nuances of these types of sales."
Complicated rules both in the US and internationally make
planning essential for the global client. John Hancock's "Seller's Guide to the Global High
Net Worth Market" and additional support material can help advisors
realize sales in this sophisticated market – and ensure these
clients have the coverage they need to protect their families and
businesses, and preserve their wealth.
About John Hancock Financial and Manulife Financial
John Hancock Financial is a division of Manulife Financial, a
leading Canada-based financial
services group with principal operations in Asia, Canada
and the United States. Clients
look to Manulife for strong, reliable, trustworthy and
forward-thinking solutions for their most significant financial
decisions. Our international network of employees, agents and
distribution partners offers financial protection and wealth
management products and services to millions of clients. We also
provide asset management services to institutional customers. Funds
under management by Manulife and its subsidiaries were
approximately C$637 billion
(US$597 billion) as at June 30, 2014. We operate as John Hancock in the
U.S. and as Manulife in other parts of the world. Manulife
Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '945' on the SEHK. Manulife can be found on the Internet at
manulife.com
The John Hancock unit, through its insurance companies,
comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range
of financial products, including life insurance, annuities,
investments, 401(k) plans, long-term care insurance, college
savings, and other forms of business insurance. Additional
information about John Hancock may be found at johnhancock.com.
John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance
Company of New York are
collectively referred to as "John Hancock".
Insurance products are issued by John Hancock Life Insurance
Company (U.S.A.), Boston, MA 02117 (not licensed in New York) and John Hancock Life Insurance
Company of New York, Valhalla,
NY 10595.
MLINY091114064
1. Source: World
Wealth Report, 2013, Capgemini and RBC Wealth Management;
Capgemini, RBC Wealth Management, and Scorpio Partnership Global
HNW Insights Survey 2013
|
SOURCE John Hancock Life Insurance