Collaboration Will Expand John Hancock’s Portfolio of Indexed Account Offerings in the Larger Market
SCOTTSDALE, Ariz., June 5, 2024 — , one of the nation’s top independent retirement product design and distribution companies, declared a new alliance with , one of the largest life insurers in the United States. The alliance unites each organization’s main strengths to release a latest John Hancock Indexed Universal Life (IUL) insurance solution, which starts today.
John Hancock sustains more than ten million Americans with a wide range of financial products, including life insurance, and is a leader in the behavioral insurance space with its particular . This alliance aims to bolster John Hancock’s Protection IUL product by integrating Annexus’ leading indices and the completely new PRISM Booster Strategy, proffering consumers a wider range of indexed account options to accommodate their desires.
“As Annexus carries on to grow and push the limits of what’s possible in life insurance and retirement planning, it only made sense to work with John Hancock, one of the most acclaimed and venerated players in the protection IUL space,” says Ron Shurts, co-founder and CEO, Annexus. “We’re exhilarated about bringing Annexus innovation to this life insurance leader and our distribution partners.”
“This alliance with Annexus makes it possible for us to widen our indexed account offerings to perpetually meet our customers’ evolving necessities,” says Neal Kerins, Vice President of Product Development, John Hancock. “Our work with Annexus will also widen the reach of John Hancock’s Vitality Program, a solution that offers long-term financial protection as well as substantial savings and rewards customers for measures taken towards a longer, healthier, better life.”
This strategical alliance symbolizes both companies’ pledge to a customer-first mindset.
About Annexus
Annexus plans solutions to assist Americans augment and shield their retirement funds. For over a decade, Annexus has cultivated top-selling fixed-indexed annuities and indexed universal life insurance products. Annexus has forged relationships with many of the industry’s leading insurance carriers and the planet’s largest investment banks. .
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SOURCE Annexus