Monday, October 01, 2007

 

John Hancock Targets 'Income Now' Market with New, Optional Guaranteed Withdrawal Benefit Rider

John Hancock Annuities today announced the introduction of "Principal Returns," its newest, optional guaranteed withdrawal benefit rider. Principal Returns has two distinct features: it provides an 8% withdrawal rate for clients seeking "income now," and offers an accumulation benefit feature for those seeking principal protection while investing in the markets. The new rider complements John Hancock's popular lifetime withdrawal benefits which were designed with the "income later" client in mind.

John Hancock Targets 'Income Now' Market with New, Optional Guaranteed Withdrawal Benefit Rider
Source: PR Newswire

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