Tuesday, February 02, 2010


Hancock Promotes New Life-LTC Combo

John Hancock Life Insurance has brought out a single-premium whole life insurance product that offers a long term care insurance feature.

Hancock, Boston, a unit of Manulife Financial Corp., Toronto, (TSX:MFC) says ithe new LifeCare product allows clients to move some assets into a policy that helps protect their family with life insurance while also guarding clients’ assets from high long term care costs should they eventually need such care...

L&HIN: Hancock Promotes New Life-LTC Combo

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