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Oct 23, 2024 • LTCI Partners

John Hancock: In-Force Rate Action to take place in late November 2024

 

 
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Next round of in-force rate action notifications to take place in late November

 

In late November, we will begin policyholder notifications on the next round of John Hancock and Fortis (Union LTCI) policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after March 1, 2025

The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Utah

John Hancock will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in Maryland who received an initial "capped" or "phased-in" increase. 

John Hancock will continue the implementation of the 2016 rate increase for Union LTCI individual policyholders in Florida who received an initial "capped" or "phased-in" increase. 

Please note: Producer notification packages are no longer available. You may view your clients' actual notification packages through our e-Delivery program by visiting www.jhsaleshub.com and registering for access to your online documents.

 
 
 
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Written by LTCI Partners