John Hancock Launches New Long-Term Care (LTC) Insurance Multi-Life Microsite for Brokers and Consultants in the Small to Midsiz
January 21 2010 - 10:00AM
PR Newswire (US)
Site's Information and Tools Help Guide Exploration and
Establishment of LTC Plans for Businesses with Up to 1,000
Employees BOSTON, Jan. 21 /PRNewswire-FirstCall/ -- John Hancock
has launched a new interactive microsite,
http://www.getmorewithmultilifeltc.com/, to help brokers and
consultants explore and establish LTC insurance plans for
businesses with up to 1,000 employees. The site includes
information and tools to help brokers and consultants, whether
familiar with LTC insurance or not, navigate through the
employer-sponsored LTC insurance benefits planning process,
including: -- Prospect evaluation -- Strategies for starting the
LTC insurance discussion with business decision-makers -- Talking
points and sales collateral for use with employers -- The best
funding approaches and LTC insurance products -- Strategies for
maximizing group enrollments LTC brokers and consultants using the
site also will have access to John Hancock's experienced sales
support team if they need assistance with any step in the process,
from the initial meeting through the finalist presentation.
Professional enrollers also can be called upon to conduct employee
meetings, if desired. "Over the past 22 years, we have seen LTC
insurance increase in popularity among large employers," said
Marianne Harrison, President, John Hancock Long-Term Care. "Today,
we're seeing small and mid-size employers showing greater interest
in meeting the LTC needs of their employees, yet few of them know
who to turn to for LTC advice and services. This site, in addition
to the access to our team of experts, will be very helpful to
brokers and consultants who want to provide this important coverage
to businesses throughout the US." For more information, please
visit http://www.getmorewithmultilifeltc.com/. About John Hancock
Long-Term Care Insurance John Hancock is one of the largest
providers of LTC insurance overall with more than 1,000,000 LTC
insurance clients and $1.5 billion of in-force LTC insurance
premium.(1) The company holds $9.4 billion in LTC insurance
reserves for future claims(2) and has paid $2.2 billion in LTC
claims.(3) Having entered the retail LTC insurance market in 1987,
John Hancock is one of the largest carriers of individual coverage
in the country.(4) John Hancock began selling group LTC insurance
in 1988 and today is the largest provider of employer-sponsored
group LTC insurance in the U.S.(5) More information about long-term
care issues and insurance products can be found at
http://www.johnhancockltc.com/. About John Hancock and Manulife
Financial Manulife Financial is a leading Canadian-based financial
services group serving millions of customers in 22 countries and
territories worldwide. Operating as Manulife Financial in Canada
and Asia, and primarily through John Hancock in the United States,
the Company offers clients a diverse range of financial protection
products and wealth management services through its extensive
network of employees, agents and distribution partners. Funds under
management by Manulife Financial and its subsidiaries were
Cdn$436.5 billion (US$407.1 billion) as at September 30, 2009.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and
PSE, and under '945' on the SEHK. Manulife Financial can be found
on the Internet at http://www.manulife.com/. The John Hancock unit,
through its insurance companies, comprises one of the largest life
insurers in the United States. John Hancock offers a broad range of
financial products and services, including life insurance, fixed
and variable annuities, fixed products, mutual funds, 401(k) plans,
long-term care insurance, college savings, and other forms of
business insurance. Additional information about John Hancock may
be found at http://www.johnhancock.com/. Long-term care insurance
is underwritten by John Hancock Life Insurance Company (U.S.A.),
Boston, MA 02117 (not licensed in New York) and in New York by John
Hancock Life & Health Insurance Company, Boston, MA 02117. (1)
As of December 31, 2008, according to internal financial records.
(2) As of December 31, 2008, according to internal financial
records inclusive of active and claims reserves for individual and
group long-term care insurance. (3) Based on John Hancock internal
data as of 12/31/08. Total includes individual and group long-term
care insurance and 50% of the Federal Long Term Care Insurance
Program. (4) LIMRA International, U.S. Individual Long-Term Care
Insurance Sales Survey, Fourth Quarter YTD 2008. (5) LIMRA
International, U. S. Group Long-Term Care Insurance Sales Survey,
Fourth Quarter YTD 2008. DATASOURCE: John Hancock Long-Term Care
Insurance CONTACT: Melissa Berczuk of John Hancock,
+1-617-663-4750, Web Site: http://www.getmorewithmultilifeltc.com/
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