February 2025 Industry News and Updates
Nationwide Heritage Single Premium Whole Life product overview
[15 January 2025] Nationwide Insurance launched a new single premium whole life product, Nationwide Heritage®. It has simplified underwriting with a decision available instantly and features a Chronic Illness Rider. It’s designed for clients who are secure in their retirement and looking for an easy way to leverage extra funds into a gift for their loved ones. It’s simple, it’s fast and it’s guaranteed.
John Hancock LifeCare
[3 February 2025] John Hancock introduced LifeCare, a hybrid indexed UL life insurance solution with long-term care benefits. This product offers your clients a unique way to reposition assets today for a more secure tomorrow. LifeCare’s modern design, intuitive digital application, streamlined underwriting process, and integration with the John Hancock Vitality Program make it a compelling life insurance choice for today’s customers.