At Bluewave Insurance we are proud to present our clients with John Hancock burial insurance products. If you have any questions or would like to sign up, give us a call at 800-208-4974.
John Hancock Final Expense Company History and Background
John Hancock Insurance Company is a Boston-based business that has been in service since 1862. This company was named after John Hancock who was a patriot back in the early start of the United States. The company has since been bought out by Manulife Financial, making it a subsidiary of the Canadian company. They provide insurance products such as:
- Life insurance
- Mutual funds
- Retirement plans
- Long term care insurance
That is just a small number of the list of products they have available for customers. However, if you would like to learn more about their services and offerings, give us a call at 800-208-4974. One of our licensed insurance team members will be able to answer any questions you may have about life insurance or final expense products.
John Hancock Burial Insurance Financial Strength and Rating
John Hancock has demonstrated a lot of financial strength over the years. With over 150 years in business, they have created networks and relationships with clients and companies in order to thrive in the insurance industry.
Because of their success, they have gotten outstanding ratings. They currently have an A (superior) rating with a.m. best, an AA- (very strong) rating with Fitch, AA- (very strong) rating with Standard & Poor’s, and an A1 rating with Moodys. All these ratings demonstrate fulfilling stakeholders and client demands, strong capacity to uphold contract obligations and strong financial security.
If you would like to learn more about John Hancock and why this company is a clear choice for burial or life insurance, give us a call at 800-208-4974. One of our trusted insurance agents will be able to help answer any questions you may have.
Currently, John Hancock is able to provide its final expense products to all states except Florida, Pennsylvania, and New York. If you would like to find out more about eligibility or benefits, give us a call at 800-208-4974. Our licensed insurance agents will be able to assist you.
They currently have a John Hancock Vitality GO program which is a savings and discount rewards program to give to those that choose to have healthier life choices. This is a great program and certainly encourages seniors to live a healthier life. To learn more, contact us at 800-208-4974.
Why Get Burial Insurance or Funeral Insurance?
Having burial insurance is essential these days. With the rising cost of funerals, it can cost an average of $11,000 all the way to $25,000 and more for a burial. This cost encompasses all the different factors that come into creating a funeral. Which is, cremation, burial costs, caskets, funeral home rentals, and more. Without burial insurance, all of that will be left to pay-out-of-pocket, which leaves your family or your loved ones with the cost burden.
In order to avoid these high costs, private insurance companies have begun providing burial or final expense insurance to make sure that your family or loved ones will be taken care of once you pass. With a low monthly premium, policyholders can get covered for a part if not all of the burial expenses and more.
If you have questions regarding burial insurance and how you can enroll in a policy, give us a call at 800-208-4974. One of our expert insurance agents will be able to assist you in finding the right plan for your needs.
John Hancock Final Expense Life Insurance Options
John Hancock is a great option if you are looking for a burial insurance company that has years of experience and reputation in the industry. You can expect a life insurance policy or burial insurance policy that will cover the costs of your funeral expenses, plus leave more for your loved ones.
In this article, we will dive into the two different policies they have which is the Whole Life insurance policy and the Guaranteed Issue Policy. Both will be able to give the appointed beneficiary a cash-value payout, but they have different eligibility which may change coverage amounts and death benefits.
If you would like to learn more about John Hancock’s final expense insurance and their different plans, give us a call at 800-208-4974. One of our licensed agents will be able to give you a free life insurance quote and find the best burial insurance plan for your unique needs.
John Hancock Whole Life Insurance Plan
John Hancock currently offers a Whole Life insurance plan which is a plan available for folks in the age range of 60-80 years old. They expect a payout of as low as $5,000 to as high as $20,000 depending on their age, gender, and unique needs.
Here are some of the reasons why folks choose John Hancocks Whole Life Insurance Plan:
- Payments never increase as long as you live
- Easy application online or on the phone
- No medical questions or exams
- Coverage won’t decrease
With those positive benefits of John Hancock’s burial insurance, many choose to be with this plan. To learn more or to sign up, give us a call at 800-208-4974. One of our trusted insurance agents will be able to guide you in choosing the best plan.
John Hancock Final Expense Insurance Guaranteed Issue Plan
John Hancock offers an amazing option for folks that may have serious health conditions and can’t qualify for other burial insurance plans with other providers. That is their guaranteed acceptance or Guaranteed Issue plan. With this plan, an individual is not required to take a medical or lifestyle underwriting. There is also no medical exams or health questions to qualify.
However, unlike their other burial insurance plans, this plan has a mandatory two-year waiting period. During this time, if the policyholder dies in a non-accidental occurrence, then the appointed beneficiary will only get the monthly premiums paid plus some interest. However, if it was an accident, they will get the full payout, or after the two-year waiting period.
The waiting period is necessary because you are more of a “risk” with the insurance company. Due to that risk, they require a waiting period, but once it’s done you’ll be able to get the full payout.
If you have any questions about John Hancock and their different burial insurance plans, give us a call at 800-208-4974. One trusted insurance team will help you pick the best burial insurance plan for your unique needs.
Our Recommendations
Overall, John Hancock is a reputable company that has over 150 years of experience. They can provide solid health care and life insurance for customers all around the U.S. With that said, our team at Bluewave Insurance is proud to provide their products for our clients. Whether it’s Whole Life insurance or Guaranteed Life insurance, both options will give you great coverage.
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If you are wondering which burial insurance plan to choose or which provider to enroll with, give us a call at 800-208-4974. Our licensed insurance agents will be able to help you out.
Read More:
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