[ ] |
immediately upon filing pursuant to paragraph (b) |
[X] |
on April 29, 2024, pursuant to paragraph (b) |
[ ] |
60 days after filing pursuant to paragraph (a)(1) |
[ ] |
on ______ pursuant to paragraph (a)(1) of Rule 485 under the Securities Act. |
[ ] |
this post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
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Appendix-1 |
FEES AND EXPENSES | ||||
Charges for Early
Withdrawals |
There is a charge assessed upon a withdrawal. |
FEE TABLE
Deductions from account
value | ||
Transaction Charges |
In addition to withdrawal charges (if applicable), you may also be
charged for the following transactions:
A premium sales charge, premium tax charge, and DAC tax charge will be
deducted upon payment of premium.
A transfer fee may be deducted upon transfers into or out of a variable
investment account after you have made more than 12 such
transfers in a year.
|
FEE TABLE
Deductions from account
value | ||
Ongoing Fees and
Expenses (annual charges) |
In addition to withdrawal charges and transaction charges, you will also
be subject to certain ongoing fees and expenses, including
an insurance charge, maintenance charge, asset-based risk
charge, policy loan costs, and supplementary benefit rider
charges. Some of these fees and expenses are based wholly
or in part on the characteristics of the insured persons (e.g., age, sex, and underwriting classification). You should view the “policy specifications” page of your policy for rates
applicable to your policy.
|
FEE TABLE Deductions from account value | ||
You will also bear expenses associated with the portfolios under the
policy, as shown in the following table:
|
Charges at the portfolio
level
APPENDIX | |||
Annual Fee |
Minimum |
Maximum | ||
Variable investment options (portfolio fees and
expenses) |
0.39% |
2.58% |
RISKS | ||
Risk of Loss |
You can lose money by investing in this policy. |
PRINCIPAL RISKS OF
INVESTING IN A
POLICY |
Not a Short- Term
Investment |
This policy is not a short-term investment and is not appropriate for
an investor who needs ready access to cash. The policy is
unsuitable as a short-term savings vehicle because of
substantial policy-level charges, including the premium
charge and the surrender charge, as well as potential
adverse tax consequences from such short-term use. |
Early Surrender or
Withdrawal Risk/Not a Short-Term Investment |
Risks Associated with
Investment Options |
An investment in this policy is subject to the risk of poor
performance and can vary depending on the performance of
the account allocation options available under the policy
(e.g., portfolios). Each such option (including the fixed
investment option) will have its own unique risks, and
you should review these options before making an
allocation decision. You can find the prospectuses and
other information about the portfolios at
dfinview.com/JohnHancock/TAHD/MEVL3_UV. |
Investment Risk/Risk of Loss |
RISKS | ||
Insurance Company
Risks |
Your investment in the policy is subject to risks related to John
Hancock USA, including that the obligations (including
under the fixed investment option), guarantees, or
benefits are subject to the claims-paying ability of John
Hancock USA. Information about John Hancock USA,
including its financial strength ratings, is available
upon request from your John Hancock USA representative. Our
current financial strength ratings can also be obtained
by contacting the Service Office at
1-800-732-5543. |
Depositor
Registrant |
Policy Lapse |
Either your entire policy or the Additional Sum Insured portion of
your Total Sum Insured can terminate (i.e.,
“lapse”) for failure to pay charges due under
the policy. Therefore, a policy could lapse eventually if
increases in account value (prior to deduction of policy
charges) are not sufficient to cover policy charges. This can happen
as a result of insufficient premium payments, poor
performance of the variable or general account options
you have chosen, withdrawals, or unpaid loans or loan
interest. If a default is not cured within a 61- day grace
period, your policy will lapse without value, and no death
benefit or other benefits will be payable. You can apply to reinstate a
policy that has gone into default, subject to conditions
including payment of a specified amount of additional
premiums. |
Lapse and Reinstatement |
RESTRICTIONS | ||
Investments |
There are restrictions that may limit the variable investment account
options and general account options (including the fixed
investment option) that you may choose, as well as
limitations on the transfer of account value among those
options. These restrictions may include a monthly limit
on the number of transfers you may make. We may also
impose additional restrictions to discourage market timing and
disruptive trading activity.
In particular, your allocation options will be affected if you elect to
take a loan or receive benefits under certain
supplementary benefit riders.
Among other things, the policy also allows us to eliminate the shares
of a portfolio or substitute shares of another new or
existing portfolio, subject to applicable legal
requirements. |
Limitations on transfers
to or from a variable
investment account
Limitations on transfers
out of the fixed
investment option
Effect of Loans on Cash
Value and Death
Benefit
Portfolios |
Optional Benefits |
There are restrictions and limitations relating to optional benefits,
as well as conditions under which an optional benefit may
be modified or terminated by us. For example, certain
supplementary benefit riders may be subject to
underwriting, and your election of an option may result
in restrictions upon some of the policy benefits, including
availability of investment options. |
More About Certain Optional Benefits |
TAXES | ||
Tax Implications |
You should consult with a tax professional to determine the tax
implications of an investment in and payments received
under the policy. There is no additional tax benefit to
you if the policy is purchased through a tax-qualified
plan. If we pay out any amount of your account value upon
surrender or partial withdrawal, all or part of that
distribution would generally be treated as a return of the
premiums you’ve paid and not subjected to income tax, with any
portion not treated as a return of your premiums
includible in your income. Distributions also are subject
to tax penalties under some circumstances.
|
Tax Consequences of Owning a Policy |
CONFLICTS OF INTEREST | ||
Investment Professional
Compensation |
Some investment professionals may receive compensation for selling
the policy, including by means of commissions and revenue
sharing arrangements. These investment professionals may
have a financial incentive to offer or recommend this
policy over another investment. |
Commissions Paid to
Dealers |
Exchanges |
Some investment professionals may have a financial incentive to
offer you a new policy in place of the one you already
own, and you should only exchange your policy if you
determine, after comparing the features, fees, and risks
of both policies, that it is preferable for you to
purchase the new policy rather than continue to own the
existing policy. |
Commissions Paid to Dealers |
TRANSACTION FEES | ||
Charge |
When Charge is Deducted |
Amount Deducted |
Maximum premium sales charge(1) |
Upon payment of premium |
7% of Target Premiums paid in policy
years 1 – 10
3% of Target Premiums paid in policy year
11 and thereafter |
Maximum premium tax charge |
Upon payment of premium |
2.35% of each premium paid (currently
0.50%) |
Maximum transfer charge(2) |
Upon each transfer into or out of a variable
investment account beyond an annual limit
of twelve |
$25.00 (currently $0) |
Maximum DAC tax charge |
Upon payment of premium |
1.25% of each premium paid (currently
0%) |
Maximum partial withdrawal charge |
Upon making a partial withdrawal |
Lesser of 2% of withdrawal amount or $20 |
Enhanced Cash Value Rider |
Upon payment of premium |
1% of all premiums paid in the first policy year |
PERIODIC CHARGES OTHER THAN ANNUAL PORTFOLIO EXPENSES |
||
Charge |
When Charge is Deducted |
Amount Deducted |
Base Policy Charges: |
|
|
Insurance charge(1): |
Monthly |
|
Minimum charge |
|
$0.9 per $1,000 of AAR |
Maximum charge |
|
$165.34 per $1,000 of AAR |
Charge for a representative insured
person |
|
$0.40 per $1,000 of AAR |
Maximum maintenance charge |
Monthly |
$15.00 |
Asset-based risk charge(2) |
Monthly |
0.08% of account value |
Maximum policy loan interest rate(3) |
Accrues daily Payable annually |
4.75% annual rate |
Annual Portfolio Expenses |
Minimum |
Maximum |
Range of expenses that are deducted from portfolio assets, including
management fees, distribution and/or service (12b-1) fees,
and other expenses |
0.39% |
2.58% |
STANDARD BENEFITS | ||
Name of Benefit |
Purpose |
Brief Description of
Restrictions/Limitations |
Dollar cost averaging |
Under the dollar cost averaging program, you will
designate an amount that will be transferred
monthly from one variable investment account into
any other variable investment account or a fixed
investment option. |
We reserve the right to cease to offer this program
after written notice to you. |
Asset allocation balancing |
Under the asset allocation balancer program, you
will designate a percentage allocation of account
value among variable investment accounts. We will
automatically transfer amounts among the variable
investment accounts at intervals you select
(annually, semi-annually, quarterly, or monthly) to
reestablish your chosen allocation. |
We reserve the right to cease this program after written notice to you. |
OPTIONAL BENEFITS | ||
Name of Benefit |
Purpose |
Brief Description of
Restrictions/Limitations |
Enhanced Cash Value
Rider |
To add an amount (calculated pursuant to a formula
in the rider) to the proceeds payable to the policy
owner if the owner surrenders the policy during the
first seven policy years. |
This benefit does not apply to a surrender pursuant to non-taxable exchange, and this rider does not increase the amount available for a policy loan. |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To approximate the aggregate total return
of a broad-based U.S. domestic equity
market index. |
500 Index Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(North America) Limited |
0.25%* |
25.95 |
15.40 |
11.75 |
To seek income and capital appreciation. |
Active Bond Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.66% |
6.48 |
1.67 |
2.40 |
To seek to provide high total return
(including income and capital gains)
consistent with preservation of capital
over the long term. |
American Asset Allocation Trust - Series
I
Capital Research and Management
Company (Adviser to the Master Fund,
American Fund Insurance Series) |
0.93% |
13.90 |
8.80 |
6.86 |
To seek to provide long-term growth of
capital. |
American Global Growth Trust - Series I
Capital Research and Management
Company (Adviser to the Master Fund,
American Fund Insurance Series) |
1.06%* |
22.12 |
13.20 |
9.17 |
To seek to provide growth of capital. |
American Growth Trust - Series I
Capital Research and Management
Company (Adviser to the Master Fund,
American Fund Insurance Series) |
0.97%* |
37.99 |
18.24 |
13.94 |
To seek to provide long-term growth of
capital and income. |
American Growth-Income Trust - Series I
Capital Research and Management
Company (Adviser to the Master Fund,
American Fund Insurance Series) |
0.91%* |
25.68 |
12.95 |
10.52 |
To seek to provide long-term growth of
capital. |
American International Trust - Series I
Capital Research and Management
Company (Adviser to the Master Fund,
American Fund Insurance Series) |
1.17%* |
15.39 |
4.44 |
3.02 |
To provide long-term growth of capital.
Current income is a secondary objective. |
Blue Chip Growth Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
0.77%* |
49.59 |
13.58 |
12.39 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To seek long-term growth of capital. |
Capital Appreciation Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Jennison Associates LLC |
0.76%* |
52.95 |
18.07 |
14.18 |
To seek long-term capital appreciation. |
Capital Appreciation Value Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
0.89%* |
18.31 |
12.48 |
10.30 |
To seek total return consisting of income
and capital appreciation. |
Core Bond Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Allspring Global Investments, LLC
|
0.63%* |
5.89 |
1.11 |
1.74 |
To seek long-term growth of capital. |
Disciplined Value International Trust -
Series NAV
John Hancock Variable Trust Advisers
LLC/Boston Partners Global Investors,
Inc. |
0.79%* |
20.05 |
8.47 |
3.10 |
To seek long-term capital appreciation. |
Emerging Markets Value Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Dimensional Fund Advisors LP |
1.03%* |
15.15 |
5.42 |
3.06 |
To provide substantial dividend income
and also long-term growth of capital. |
Equity Income Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
0.71%* |
9.52 |
11.15 |
7.88 |
To seek growth of capital. |
Financial Industries Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.89%* |
5.21 |
9.70 |
7.08 |
To seek long-term growth of capital. |
Fundamental All Cap Core Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.71%* |
35.44 |
18.38 |
12.32 |
To seek long-term capital appreciation. |
Fundamental Large Cap Value Trust -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.73%* |
23.49 |
17.64 |
10.24 |
To seek long-term capital appreciation. |
Global Equity Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.89%* |
20.17 |
8.99 |
4.58 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To seek long-term capital appreciation. |
Health Sciences Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
1.00%* |
4.26 |
10.56 |
10.94 |
To realize an above-average total return
over a market cycle of three to five years,
consistent with reasonable risk. |
High Yield Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Western Asset Management
Company, LLC |
0.81%* |
12.87 |
4.95 |
3.58 |
To seek to track the performance of a
broad-based equity index of foreign
companies primarily in developed
countries and, to a lesser extent, in
emerging markets. |
International Equity Index Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/SSGA Funds Management, Inc. |
0.34%* |
15.42 |
6.97 |
3.71 |
To seek long-term capital appreciation. |
International Small Company Trust -
Series NAV
John Hancock Variable Trust Advisers
LLC/Dimensional Fund Advisors LP |
1.00%* |
13.59 |
7.06 |
4.27 |
To provide a high level of current income
consistent with the maintenance of
principal and liquidity. |
Investment Quality Bond Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
0.71%* |
6.57 |
1.41 |
2.00 |
To seek a balance between a high level of
current income and growth of capital,
with a greater emphasis on growth of
capital. |
Lifestyle Balanced Portfolio - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.64% |
13.72 |
6.96 |
5.41 |
To seek a high level of current income
with some consideration given to growth
of capital. |
Lifestyle Conservative Portfolio - Series
NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.66%* |
9.18 |
3.68 |
3.34 |
To seek long-term growth of capital.
Current income is also a consideration. |
Lifestyle Growth Portfolio - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.62% |
16.97 |
9.14 |
6.77 |
To seek a balance between a high level of
current income and growth of capital,
with a greater emphasis on income. |
Lifestyle Moderate Portfolio - Series
NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.65%* |
12.21 |
5.86 |
4.73 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To seek growth of capital and current
income while seeking to both manage the
volatility of return and limit the
magnitude of portfolio losses. |
Managed Volatility Balanced Portfolio -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.76% |
12.00 |
4.67 |
3.86 |
To seek current income and growth of
capital, while seeking to both manage the
volatility of return and limit the
magnitude of portfolio losses. |
Managed Volatility Conservative Portfolio
- Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.75% |
5.50 |
1.80 |
2.41 |
To seek long term growth of capital while
seeking to both manage the volatility of
return and limit the magnitude of
portfolio losses. |
Managed Volatility Growth Portfolio -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.79% |
13.81 |
5.25 |
3.76 |
To seek current income and growth of
capital while seeking to both manage the
volatility of return and limit the
magnitude of portfolio losses. |
Managed Volatility Moderate Portfolio -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.75% |
10.79 |
4.21 |
3.78 |
To seek long-term growth of capital. |
Mid Cap Growth Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
0.90% |
18.87 |
12.39 |
9.79 |
Seeks to approximate the aggregate total
return of a mid cap U.S. domestic equity
market index. |
Mid Cap Index Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(North America) Limited |
0.41%* |
16.00 |
12.20 |
8.86 |
To seek long-term capital appreciation. |
Mid Value Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
0.96%* |
18.65 |
13.09 |
9.35 |
To obtain maximum current income
consistent with preservation of principal
and liquidity. |
Money Market Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.28%* |
4.81 |
1.68 |
1.07 |
To seek maximum total return, consistent
with preservation of capital and prudent
investment management. |
Opportunistic Fixed Income Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
0.88%* |
8.21 |
2.72 |
2.22 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To seek to achieve a combination of long-
term capital appreciation and current
income. |
Real Estate Securities Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
0.76%* |
13.06 |
7.74 |
8.00 |
To seek long-term growth of capital.
Current income is incidental to the fund’s
objective. |
Science & Technology Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
0.99%* |
54.73 |
18.67 |
15.76 |
To seek income and capital appreciation. |
Select Bond Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.60%* |
6.15 |
1.39 |
1.92 |
To seek a high level of current income
consistent with preservation of capital.
Maintaining a stable share price is a
secondary goal. |
Short Term Government Income Trust -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.67%* |
3.87 |
0.51 |
0.66 |
Seeks to approximate the aggregate total
return of a small cap U.S. domestic equity
market index. |
Small Cap Index Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(North America) Limited |
0.48%* |
16.52 |
9.60 |
6.85 |
To seek long-term capital appreciation. |
Small Cap Opportunities Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Dimensional Fund Advisors LP and
GW&K Investment Management, LLC
|
0.84%* |
18.12 |
13.99 |
7.92 |
To seek long-term capital appreciation. |
Small Cap Stock Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
1.08%* |
16.31 |
11.18 |
7.43 |
To seek long-term capital appreciation. |
Small Cap Value Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Wellington Management Company
LLP |
0.99%* |
14.07 |
8.85 |
6.07 |
To seek long-term growth of capital. |
Small Company Value Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.
|
1.16%* |
13.52 |
9.25 |
6.59 |
To seek a high level of current income. |
Strategic Income Opportunities Trust -
Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.74%* |
7.53 |
3.31 |
2.85 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
To seek to track the performance of the
Bloomberg U.S. Aggregate Bond Index
(the “Bloomberg Index”) (which
represents the U.S. investment grade bond
market). |
Total Bond Market Trust - Series NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.25%* |
5.29 |
0.81 |
1.58 |
Seeks to approximate the aggregate total
return of a broad U.S. domestic equity
market index. |
Total Stock Market Index Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(North America) Limited |
0.53%* |
25.58 |
14.44 |
10.78 |
The fund seeks a high level of current
income consistent with the maintenance
of liquidity and the preservation of
capital. |
Ultra Short Term Bond Trust - Series
NAV
John Hancock Variable Trust Advisers
LLC/Manulife Investment Management
(US) LLC |
0.62%* |
4.74 |
1.61 |
1.09 |
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) (%) | ||
1-Year |
5-Year |
10-Year | |||
The Portfolio seeks maximum real return
consistent with preservation of real
capital and prudent investment
management. |
PIMCO VIT All Asset Portfolio - Series
M
Pacific Investment Management
Company LLC/Research Affiliates, LLC |
2.49%* |
7.83 |
5.69 |
3.73 |
To seek to provide capital appreciation. |
TOPS® Aggressive Growth ETF - Class
2 ValMark Advisers, Inc./Milliman
Financial Risk Management, LLC |
0.54% |
17.37 |
10.55 |
7.42 |
To seek to provide income and capital
appreciation. |
TOPS® Balanced ETF - Class
2 ValMark Advisers, Inc./Milliman
Financial Risk Management, LLC |
0.55% |
11.39 |
6.39 |
4.51 |
To seek to preserve capital and provide
moderate income and moderate capital
appreciation. |
TOPS® Conservative ETF - Class
2 ValMark Advisers, Inc./Milliman
Financial Risk Management, LLC |
0.56% |
9.19 |
4.84 |
3.37 |
To seek to provide capital appreciation. |
TOPS® Growth ETF - Class
2 ValMark Advisers, Inc./Milliman
Financial Risk Management, LLC |
0.54% |
16.09 |
9.48 |
6.54 |
To seek to provide capital appreciation. |
TOPS® Moderate Growth ETF - Class
2 ValMark Advisers, Inc./Milliman
Financial Risk Management, LLC |
0.54% |
13.47 |
7.96 |
5.58 |
JOHN HANCOCK USA SERVICE OFFICE | |
Overnight Express Delivery |
Mail Delivery |
Life Post Issue
John Hancock Insurance Company 372 University Ave, Suite #55979
Westwood, MA 02090 |
Life Post Issue
John Hancock Insurance Company
PO Box 55979
Boston, MA 02205 |
Phone: |
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1-800-732-5543 |
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Name of Policy (and SEC EDGAR Identifier #)
|
Name of Policy (and SEC EDGAR Identifier #)
|
Annual Premium Variable Life (C000085982) |
Medallion Variable Universal Life Edge (C000086000) |
Flex-V1 (C000085983) |
Medallion Variable Universal Life Edge II (C000086001) |
Flex-V2 (C000085986) |
Medallion Variable Universal Life Plus (C000085999) |
Majestic Performance Survivorship Variable Universal Life
(C000085993) |
Performance Executive Variable Life (C000086003) |
Majestic Variable COLI (C000086002) |
Performance Survivorship Variable Universal Life (C000085995)
|
Majestic Variable Estate Protection 98 (C000085996) |
Variable Estate Protection (C000085989) |
Majestic Variable Universal Life 98 (C000085992) |
Variable Estate Protection Edge (C000085994) |
Medallion Executive Variable Life III (C000085998) |
Variable Estate Protection Plus (C000085990) |
Medallion Variable Life (C000085987) |
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Name and Principal Business Address |
Position with Depositor |
Brooks Tingle 200 Berkeley Street Boston, MA 02116 |
Chair, Director, President & Chief Executive Officer |
Nora Newton Crouch
804 Pepper Avenue Richmond, VA 23226 |
Director |
Thomas Edward Hampton
5207 2nd Street NW
Washington, DC 20011 |
Director |
J. Stephanie Nam 129 State Street Portsmouth, NH 03801 |
Director |
Ken Ross 200 Berkeley St. Boston, MA 02116 |
Director, Vice President |
Shamus Weiland 200 Bloor Street E. Toronto, ON M4W 1E5 |
Director |
Henry H. Wong 200 Berkeley Street Boston, MA 02116 |
Director, Vice President |
Executive Vice Presidents |
|
Andrew G. Arnott** |
Global Head of Retail, GWAM |
Christopher Paul Conkey** |
Global Head of Public Markets |
Scott S. Hartz** |
Chief Investment Officer – U.S. Investments |
Senior Vice Presidents |
|
John Addeo** |
Global Fixed Income Chief Investment Officer |
John C.S. Anderson** |
Global Head of Corporate Finance |
Kevin J. Cloherty** |
Deputy General Counsel, Global Markets |
Mike Dallas** |
Global Head of Employee Experience |
Aimee DeCamillo* |
Global Head of Retirement |
Peter DeFrancesco* |
Head of Digital – Direct to Consumer |
Michael F Dommermuth*** |
Head of Wealth & Asset Management |
Kristie Feinberg* |
Head of MIM US and Europe |
Maryscott Greenwood** |
Global Head of Regulatory & Public Affairs |
Len van Greuning* |
Chief Information Officer MIM |
Anne Hammer* |
Global Chief Communications Officer |
John B Maynard** |
Deputy General Counsel, Legacy, Reinsurance & Tax |
Steven E. Medina** |
Global Equity Chief Investment Officer |
Joelle Metzman** |
GWAM Chief Risk Officer |
Sinead O’Connor* |
Head of Actuarial Policy |
Wayne Park* |
Head of US Retirement |
Name and Principal Business Address |
Position with Depositor |
Gerald Peterson** |
Global Head of Operations, GWAM |
Nicole Rafferty*** |
Global Head of Contact Centers |
Susan Roberts* |
Head of LTC Customer Care Transformation |
Ian Roke** |
Global Head of Asset & Liability Management |
Thomas Samoluk** |
US General Counsel and US Government Relations |
Anthony Teta* |
US Head of Inforce Management |
Nathan Thooft** |
Global MAST Chief Investment Officer |
Anne Valentine-Andrews*** |
Global Head of Private Markets |
Blake Witherington** |
US Chief Credit Officer |
Vice Presidents |
|
Lynda Abend* |
|
Mark Akerson* |
|
Kenneth D’Amato** |
|
Jay Aronowitz** |
|
Kevin Askew** |
|
William Auger* |
|
Jack Barry* |
|
P.J. Beltramini* |
|
Zahir Bhanji*** |
|
Jon Bourgault** |
|
Paul Boyne** |
|
Ian B. Brodie** |
|
Ted Bruntrager* |
CCO & Chief Risk Officer |
Grant Buchanan*** |
|
Ginger Burns** |
|
Brendan Campbell* |
|
Yan Rong Cao* |
|
Rick A. Carlson** |
|
Patricia Rosch Carrington** |
|
Alex Catterick**** |
|
Ken K. Cha* |
|
Diana Chan*** |
Head of Treasury Operations |
Christopher M. Chapman** |
|
Sheila Chernicki* |
|
Teresa H. Chuang** |
|
Eileen Cloherty* |
|
Maggie Coleman*** |
|
Catherine Z. Collins** |
|
Meredith Comtois* |
|
Thomas D. Crohan** |
|
Susan Curry** |
|
Kenneth Dai*** |
Treasury |
Michelle M. Dauphinais* |
|
Frederick D Deminico** |
|
Susan P Dikramanjian** |
|
William D Droege** |
|
Jeffrey Duckworth** |
|
Marc Feliciano** |
|
Katie M. Firth** |
|
Carolyn Flanagan** |
|
Lauren Marx Fleming** |
|
Philip J. Fontana** |
|
Laura Foster*** |
|
Matthew Gabriel* |
|
Paul Gallagher** |
|
Melissa Gamble** |
|
Scott B. Garfield** |
|
Marco Giacomelli*** |
|
Name and Principal Business Address |
Position with Depositor |
Jeffrey N. Given** |
|
Thomas C. Goggins** |
|
Dara Gough* |
|
Howard C. Greene** |
|
Erik Gustafson** |
|
Neal Halder* |
|
Jeffrey Hammer*** |
|
Lindsay L. Hanson* |
|
Richard Harris*** |
Appointed Actuary |
Jessica Harrison*** |
|
John Hatch* |
Chief Operations Officer – US Segment |
Justin Helferich*** |
|
Michael Hession* |
|
Philip Huvos* |
|
Sesh Iyengar** |
|
Tasneem Kanji** |
|
Geoffrey Grant Kelley** |
|
Recep C. Kendircioglu** |
|
Neal P. Kerins* |
|
Michael P King*** |
|
Heidi Knapp** |
|
Hung Ko*** |
|
Robert Krempus*** |
|
Diane R. Landers** |
|
Michael Landolfi** |
|
Tracy Lannigan** |
Corporate Secretary |
Jessica Lee*** |
|
Scott Lively** |
|
David Loh*** |
|
Jeffrey H. Long** |
|
Jennifer Lundmark* |
|
Edward P. Macdonald** |
|
Patrick MacDonnell** |
|
Shawn McCarthy** |
|
Andrew J. McFetridge** |
|
Jonathan McGee** |
|
Katie L. McKay** |
|
Eric S. Menzer** |
|
Stella Mink*** |
|
Michelle Morey* |
|
Scott Morin* |
|
Catherine Murphy* |
Deputy Appointed Actuary |
Richard Myrus** |
|
Lisa Natalicchio* |
|
Jeffrey H. Nataupsky** |
|
Scott Navin** |
|
Jeffrey Packard** |
|
Pragya Pandit* |
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Onay Payne*** |
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Gary M. Pelletier** |
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David Pemstein** |
|
Jessica Portelance*** |
|
Jason M. Pratt** |
|
Ed Rapp** |
|
Todd Renneker** |
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Chet Ritchie* |
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Charles A. Rizzo** |
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Emily Roland** |
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Name and Principal Business Address |
Position with Depositor |
Josephine M. Rollka* |
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Barbara H. Rosen-Campbell** |
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Caryn Rothman** |
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Devon Russell* |
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Paul Sanabria** |
|
Emory W. Sanders* |
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Jeffrey R. Santerre** |
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Marcia Schow** |
|
Christopher L. Sechler** |
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Garima Vijay Sharma*** |
|
Estelle Shaw-Latimer*** |
|
Thomas Shea** |
|
Lisa Shepard** |
|
Alex Silva* |
CFO - US Insurance |
Susan Simi** |
|
Darren Smith** |
|
Jayanthi Srinivasan*** |
|
Brittany Straughn* |
|
Katherine Sullivan** |
|
Trevor Swanberg** |
|
Robert E. Sykes, Jr.** |
|
Wilfred Talbot* |
|
Gary Tankersley* |
Head of US Retirement Distribution |
Michelle Taylor-Jones* |
|
Brian E. Torrisi** |
|
Simonetta Vendittelli* |
Chief Financial Officer and Controller |
Gina Goldych Walters** |
|
Adam Weigold** |
|
Jonathan T. White** |
|
Bryan Wilhelm* |
|
Karin Wilsey** |
|
Adam Wise** |
|
Jeffrey Wolfe** |
|
Thomas Zakian** |
|
Michael Zargaj* |
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Name of Investment Company |
Capacity in Which Acting |
John Hancock Variable Life Account S |
Principal Underwriter |
John Hancock Variable Life Account U |
Principal Underwriter |
John Hancock Variable Life Account V |
Principal Underwriter |
John Hancock Variable Life Account UV |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account R |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account T |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account W |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account X |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account Q |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account A |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account N |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account H |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account I |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account J |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account K |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account L |
Principal Underwriter |
John Hancock Life Insurance Company (U.S.A.) Separate Account M |
Principal Underwriter |
John Hancock Life Insurance Company of New York Separate Account B |
Principal Underwriter |
John Hancock Life Insurance Company of New York Separate Account A |
Principal Underwriter |
Name |
Title |
Rick Carlson** |
Vice President, US Taxation |
Jeffrey H. Long** |
Vice President, Chief Financial Officer and Financial Operations Principal |
Edward P. Macdonald** |
Vice President, General Counsel |
Gary Tankersley* |
Director, Chair, President and Chief Executive Officer |
Alex Silva* |
Director |
Christopher Walker*** |
Director, Vice President, Investments |
Tracy Lannigan** |
Vice President, Corporate Secretary |
(1) |
(2) |
(3) |
(4) |
(5) |
Name of Principal
Underwriter |
Net Underwriting
Discounts and Commissions |
Compensation on Events
Occasioning the Deduction
of a Deferred Sales Load |
Brokerage Commissions |
Other Compensation |
John Hancock Distributors LLC |
$0 |
$0 |
$0 |
$0 |
|
|
/s/Michael A. Ramirez Michael A. Ramirez, as Attorney-In-Fact |
|
|
|
Signatures |
Title |
* Simonetta Vendittelli |
Vice President, Controller, and Chief Financial Officer |
* Brooks Tingle |
Chair, Director, President and Chief Executive Officer |
* Nora N. Crouch |
Director |
* Thomas Edward Hampton |
Director |
* J. Stephanie Nam |
Director |
* Ken Ross |
Director |
* Shamus Weiland |
Director |
* Henry H. Wong |
Director |
/s/Michael A. Ramirez Michael A. Ramirez, as Attorney-In-Fact |
|
|
|
Investment Objective |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23)(%) | ||
1-Year |
5-Year |
10-Year | |||
Seeks to provide maximum capital
appreciation. |
M Capital Appreciation Fund M Financial Investment Advisers, Inc./Frontier Capital Management Company, LLC |
1.00% |
23.56 |
12.56 |
8.90 |
Seeks to provide long-term capital
appreciation. |
M International Equity Fund M Financial Investment Advisers, Inc./Dimensional Fund Advisors LP |
0.76% |
16.00 |
7.70 |
2.45 |
Seeks to provide long-term capital
appreciation. |
M Large Cap Growth Fund M Financial Investment Advisers, Inc./DSM Capital Partners LLC |
0.77% |
32.04 |
15.98 |
12.39 |
Seeks to provide long-term capital
appreciation. |
M Large Cap Value Fund M Financial Investment Advisers, Inc./Brandywine Global Investment Management, LLC |
0.65% |
7.60 |
10.16 |
6.96 |