Supplement dated January 28, 2008

                                      to

                        Prospectuses dated May 1, 2007

This Supplement is to accompany the prospectuses for flexible premium variable
universal life insurance policies issued by John Hancock Life Insurance Company
(U.S.A.) ("John Hancock USA") and John Hancock Life Insurance Company of New
York ("John Hancock New York") entitled "Corporate VUL 2005."

We amend the following section in the table of Rider Charges:

                                 Rider Charges

Charge                                  When Charge is Deducted Amount Deducted
- ------                                  ----------------------- ---------------
Overloan Protection Rider /(2)/........ at exercise of benefit
Minimum................................                              0.04%
Maximum................................                              8.00%

/(2)/ The charge for this rider is determined as a percentage of unloaned
      account value. The rates vary by the attained age of the insured person
      at the time of exercise. The rates also differ according to the tax
      qualification test elected at issue. The guaranteed minimum rate for the
      guideline premium test is .04% (currently .04%) and the guaranteed
      maximum rate is 2.50% (currently 2.50%). The guaranteed minimum rate for
      the cash value accumulation test is .054% (currently .054%) and the
      guaranteed maximum rate is 8.00% (currently 8.00%). The minimum rate
      shown in the table is for an insured person who has reached attained age
      99 and the guideline premium test has been elected. The maximum rate
      shown is for an insured person who has reached attained age 75 and the
      cash value accumulation test has been elected.

We amend and restate the "Overloan Protection Rider" disclosure in the section
entitled "Optional supplementary benefit riders you can add" of the prospectus:

   .   Overloan Protection Rider. This rider will prevent your policy from
       lapsing on any date if policy debt exceeds the death benefit. The
       benefit is subject to a number of eligibility requirements relating to,
       among other things, the number of years the policy has been in force,
       the attained age of the life insured, the death benefit option elected
       and the tax status of the policy.

       When the Overloan Protection benefit in this rider is invoked, all
       values in the investment accounts are immediately transferred to the
       fixed account and will continue to grow at the current fixed account
       interest rate. Transfer fees do not apply to these transfers.
       Thereafter, policy changes and transactions are limited as set forth in
       the rider; for example, death benefit increases or decreases, additional
       premium payments, policy loans, withdrawals, surrender and transfers are
       no longer allowed. Any outstanding policy debt will remain. Interest
       will continue to be charged at the policy's specified loan interest
       rate, and the policy's loan account will continue to be credited with
       the policy's loan interest credited rate. Any supplementary benefit
       rider requiring a monthly deduction will automatically be terminated.

       When the Overloan Protection Rider causes the policy to be converted
       into a fixed policy, there is risk that the Internal Revenue Service
       could assert that the policy has been effectively terminated and that
       the outstanding loan balance should be treated as a distribution.
       Depending on the circumstances, all or part of such deemed distribution
       may be taxable as income. You should consult a tax adviser as to the
       risks associated with the Overloan Protection Rider.

CVUL Prod Supp 1/08