2009 News Releases

Boston – As part of its continued commitment to universal life insurance with responsibly priced lifetime guarantees,¹ John Hancock has launched new Protection UL-G and Protection SUL-G products.

Each offers valuable death benefit guarantees at affordable premiums, flexible design options and riders that offer strong value—all backed by a company that has among the highest financial strength ratings in the industry.

Protection UL-G, the new single life product, offers competitively priced lifetime guaranteed premiums to clients from issue ages 30 to 90. The product provides an attractive tool for individuals with estate planning and income replacement needs.

Protection UL-G also offers riders such as the Cash Value Advantage Rider that gives clients the potential to accumulate strong intermediate cash values in their policy and the LifeCare Benefit rider which allows clients to accelerate their policy death benefit to help pay long-term care expenses.

The new survivorship offering, Protection SUL-G, provides affordable guaranteed lifetime protection to two people, generally spouses. This product is ideally suited for married clients with wealth preservation needs. The policy’s optional riders, coupled with John Hancock’s competitive underwriting and high retention limits, make Protection SUL-G an attractive solution in the guaranteed SUL market.

“The launch of our Protection UL-G and Protection SUL-G products shows we are committed to providing producers and consumers with the products they need at affordable and responsible prices,” said Steve Finch, President, John Hancock Life Insurance.

About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation (the Company), a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. . Funds under management by Manulife Financial and its subsidiaries were Cdn$421 billion (US$362 billion) as at June 30, 2009.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance.

Additional information about John Hancock may be found at www.johnhancock.com.

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

¹Guaranteed product features are dependent upon minimum premium requirements and the claims-paying ability of the issuer.

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

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.

MLINY

PR 2009—51

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Contact:
Brian Carmichael
(617) 663-4748
bcarmichael@jhancock.com