Introducing John Hancock's Protection UL

Experience the Ultimate in Design and Performance

John Hancock's Protection UL is engineered to provide much more than a standard current assumption or guaranteed UL policy. You'll find that Protection UL offers an unrivaled combination of low-cost premiums, cash value growth potential and strong death benefit protection - making it a smart choice and an exceptional value for your clients.

Key Features

• Low-cost premiums in a variety of funding designs, including limited-pay, full-pay, and single-pay scenarios
• Substantial no-lapse guarantee that often provides coverage to life expectancy1 and beyond
• Strong cash values for future funding flexibility
• Long-Term Care rider2 for added safety and protection

Compare how Protection UL is an excellent alternative to guaranteed UL:

* Assuming current interest rates and charges

Protection UL's premium is based on current assumptions. Competitor premium is based on lifetime guarantee. Competitor information is current and accurate to the best of our knowledge as of January 2012. The data shown is taken from various company illustrations. Current interest rates may be different for each company and may not be guaranteed. The comparisons in this communication are of different products which vary in premiums, rates, fees, expenses, features and benefits. These comparisons cannot be used with the public and complete personalized policy illustrations for each representative company must be presented or discussed with your clients. Please have your clients consult with their professional advisors to find out which type of life insurance is most suitable.

State Approvals and Illustration System

Please refer to the state approval map for current state approvals. State approvals will be updated on jhillustrator.com.

New Business and Underwriting Information

Protection UL (11) will no longer be offered in approved states. In order to provide a transition period and secure issue of the current product, the following criteria must be met:

By March 15, 2012

• John Hancock home office has received a signed illustration and made a tentative underwriting decision.

OR

• John Hancock has received an application for Protection UL (11) signed by the Insured and Owner (note that in cases where trusts are involved, the minimum requirement by March 15th is the insured's signature). An illustration on the case must also have been received by John Hancock as of March 15, 2012.

By May 15, 2012

John Hancock has provided a final underwriting offer and has received all administrative requirements to issue the policy.

1. Based on 2008 VBT Primary Table: Life Expectancy (LE) tables are based on actual mortality experience collected from sources such as the life insurance companies and the Social Security Administration; this table assumes that underwriting has no significant impact on mortality rates. As used in this presentation, LE tables show the average probability of death by a certain age. The LE data provided in this presentation is not necessarily indicative of life expectancy, and the insured may live longer than indicated by the table. The LE tables used are not tailored to a particular situation or risk class; rather, they are based on population averages and are presented merely to help form a generalized idea of potential ages at death.

2. The Long-Term Care (LTC) and Long-Term Care (LTC) Continuation riders are accelerated death benefits and may not be available in some states. Maximum face amount: $5 million with LTC rider; $1 million with LTC Continuation rider. These riders are not considered long-term care insurance in some states. When the policy death benefit is accelerated for long-term care expenses, the death benefit is reduced dollar for dollar, and the cash value is reduced proportionally. There may be additional costs associated with these riders. The LTC Continuation rider is not available in some states including New York. Please go to www.jhsalesnet.comfor a complete list of up-to-date state approvals. For prospective policyholders in New York, this product is a life insurance policy that accelerates the death benefit for qualified long-term care services and is not a health insurance policy providing long-term care insurance subject to the minimum requirements of New York Law, does not qualify for the New York State Long-Term Care Partnership program and is not a Medicare supplement policy.

Protection UL policies automatically include a no-lapse guarantee called Death Benefit Protection. This feature guarantees that the policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy Value. Once terminated, the Death Benefit Protection feature cannot be reinstated. See the product technical guide for additional details.

Guaranteed product features are dependent upon the claims-paying ability of the issuer.

Insurance policies and/or associated riders and features may not be available in all states.

Some riders may have additional fees and expenses associated with them.

For agent use only. Not for use with the public.

Insurance products are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.