Does John Hancock offer term and permanent life insurance options?

Yes, John Hancock offers both term and permanent life insurance options to meet the diverse needs of its customers. Term life insurance provides coverage for a specified period, typically 10, 20, or 30 years, and is designed to offer financial protection during critical stages of life, such as raising children or paying off a mortgage. Permanent life insurance, on the other hand, includes whole life and universal life policies that provide coverage for the policyholder's entire lifetime, as long as premiums are paid. These permanent options also accumulate cash value over time, which can be accessed during the policyholder's lifetime. For those interested in learning more about specific products and features, it is advisable to visit the current John Hancock website to find detailed information.