In late September, 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 January 1, 2025.
The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Illinois, North Carolina, North Dakota, Tennessee, Washington and Wyoming.
The 2019 rate action notifications will include John Hancock LTCI individual policies originally issued in Vermont.
John Hancock will continue the implementation of the 2019 rate increase for John Hancock LTCI individual policyholders in Pennsylvania who received an initial “capped” or “phased-in” increase.
John Hancock will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in Wisconsin who received an initial “capped” or “phased-in” increase.
John Hancock will continue the implementation of the 2013 rate increase for John Hancock LTCI individual policyholders in Wisconsin 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.
