Supplement Dated March 27, 2009

To Prospectuses Dated April 28, 2008 or Later

This supplement is intended for distribution with prospectuses dated April 28, 2008 or later for variable life insurance contracts issued by John Hancock Life Insurance Company (“JHLICO”), John Hancock Variable Life Insurance Company (“JHVLICO”), John Hancock Life Insurance Company (U.S.A.) (“JHUSA”) and John Hancock Life Insurance Company of New York (“JHNY”), as applicable. The affected prospectuses bear the titles:

Medallion Executive Variable Life Medallion Executive Variable Life II Medallion Executive Variable Life III Majestic Variable Universal Life Majestic Variable Universal Life 98 Variable Master Plan Plus Majestic Variable COLI Variable Estate Protection Majestic Variable Estate Protection Majestic Variable Estate Protection 98 Variable Estate Protection Plus Variable Estate Protection Edge Performance Survivorship Variable Universal Life Majestic Performance Survivorship Variable Universal Life Performance Executive Variable Life Medallion Variable Universal Life Plus Medallion Variable Universal Life Edge Medallion Variable Universal Life Edge II VUL Accumulator EPVUL Accumulation VUL VUL Protector SPVL Survivorship VUL Protection Variable Universal Life Majestic Performance VUL Survivorship Variable Universal Life Majestic Survivorship VULX Majestic VULX Corporate VUL Majestic VCOLIX Annual Premium Variable Life Medallion Variable Life eVariable Life Flex V1 Flex V2

Change in our ratings

Effective February 24, 2009, Standard & Poor’s changed our rating from AAA to AA+

Effective February 27, 2009, Fitch Ratings changed our rating from AA+ to AA

Effective March 18, 2009, Moody’s changed our rating from AA to Aa3

If your policy was issued by JHLICO, JHVLICO or JHUSA, we amend and restate the ratings disclosure which appears under the heading entitled “Description of JHLICO,” “Description of JHVLICO,” or “Description of JHUSA” as follows:

A++ A.M. Best – Superior ability to meet ongoing obligations; highest of 15 ratings

AA Fitch – Very strong capacity to meet policy holder and contract obligations; 3^rd highest of 21 ratings

AA+ Standard & Poor’s – Very strong financial security characteristics; 2^nd highest of 21 ratings

Aa3 Moody’s – Excellent in financial strength; 4^th highest of 21 ratings

If your policy was issued by JHNY, we amend and restate the ratings disclosure which appears under the heading entitled “Description of JHNY” as follows:

A++ A.M. Best – Superior ability to meet ongoing obligations; highest of 15 ratings

AA Fitch – Very strong capacity to meet policy holder and contract obligations; 3^rd highest of 21 ratings

AA+ Standard & Poor’s – Very strong financial security characteristics; 2^nd highest of 21 ratings

If you need additional information, please contact your representative or contact our Service Office at the address or telephone number on the back page of your product prospectus.

You should read this supplement together with the prospectus for the contract you purchased, and retain both for future reference.