John Hancock Auto Insurance Review (2024)

John Hancock fixed products include single premium group annuities, structured attorney fees, structured settlements, and terminal funding annuities. These products have fixed rates that do not fluctuate with the market.

The structured products are for individuals or families involved in lawsuits. Annuity plans are low-risk investment options that remove the liability that can come with traditional annuity plans.

What You Should Know About John Hancock

Started in 1862 by four men who looked at John Hancock’s legacy as their role model, the company was founded on five pillars of customer service:

• Professionalism
• Real value
• Integrity
• Demonstrated financial growth
• Being the employer of choice for agents

Though these values have taken on different formats over the years, they remain the same. The sixth value of community service was added several years ago.

You can contact John Hancock customer service, either via the internet or via their toll-free number at 1-800-387-2747, which provides advice and direction on the many products offered by the company.

Customer service agents take the time to find out what exactly you are looking for, what your greatest needs are, and what financial situation you are in so they can provide the right products to the right customer.

When working with an individual or a couple, John Hancock customer service agents will start by asking what category you would place yourself in.

Once the agent knows what exactly you want, they can offer the right portfolio for you.

 

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

John Hancock Insurance Coverage Options

John Hancock 401(k) plans include income guaranteed for life, varied investment selections, support for enrollment, and detailed record keeping and reviews.

These 401(k) plans are not for individuals. They are sold to companies who, in turn, pass them on to their employees as a benefit of employment.

For companies with fewer than 1,000 employees, John Hancock is number one in sales of 401(k) plans, as they provide plans to over 1.5 million people.

The John Hancock college savings plan was designed in accordance with code 529 of the Internal Revenue Service, which allows individuals to save money for college in a tax-deferred or tax-free plan.

Though there are tax penalties for early withdrawal or if the money is not used for college, it is still a solid way to save for college.

Called The 529 College Savings Plan, John Hancock provides over 22 investment options and investment strategy choices for those investing in this important fund.

Life Insurance

Perhaps best known for its life insurance plans, John Hancock gives customers the options of high death benefits, low-cost premiums, or strong cash value with its life insurance plans.

You can choose from universal, term, or variable insurance. Term insurance is offered in 10-, 15-, or 20-year increments with a death benefit payout guaranteed.

John Hancock has been number one in life insurance policy sales for over a decade.

Mutual Funds and Annuities

Mutual funds are investments made by an individual that is managed by an investment specialist or company.

John Hancock offers individual or asset-allocation mutual funds to its customers.

Since mutual funds take the money provided by many individuals and pools it together to make an investment, a varied list of investment options is best.

Annuities are retirement options for individuals or groups that provide a steady stream of income at retirement.

Annuities are funded by individuals or companies. The funded money is then invested in producing additional income or interest that can be paid out when retirement occurs.

John Hancock annuity options are available in specific amounts, for life, or for a set period of time.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Long-Term Care Insurance

Long-term care insurance is seen by many as an additional cost that is not needed.

However, if you suffer an illness, have an accident, or experience some of the effects of growing older, having long-term care insurance can protect your assets and take some of the financial burdens of your care off of your family.

John Hancock long-term care insurance helps protect what you have worked hard for and the money you have saved by providing for any long-term medical needs that arise.

John Hancock fixed products include single premium group annuities, structured attorney fees, structured settlements, and terminal funding annuities. These products have fixed rates that do not fluctuate with the market.

The structured products are for individuals or families that may be involved in lawsuits. Annuity plans are for low-risk investment options that remove the liability that can come with traditional annuity plans.

 

John Hancock Insurance Rates Breakdown

Getting a quote for a John Hancock product is easy; however, it requires little time.

Since the options are based on available income and where you are in life, allowing some time for questions is important.

You can visit a local office or contact an adviser through the John Hancock website to provide the needed information to receive a quote.

As with most companies, purchasing multiple products results in a higher discount.

 

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption