497 1 d636444d497.htm JHUSA N - CVUL 05 JHUSA N - CVUL 05

Supplement Dated December 9, 2013

To

Prospectuses Dated April 29, 2013

 

 

This supplement is intended for distribution with prospectuses dated April 29, 2013 for variable life insurance contracts issued by John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York, as applicable. The affected prospectuses bear the titles:

VUL Accumulator

Corporate VUL

EPVUL

VUL Protector

SPVL

Survivorship VUL

Protection Variable Universal Life

Portfolio Mergers

Effective after the close of business on December 6, 2013, the portfolios of John Hancock Variable Insurance Trust listed below under “Acquired Portfolios” merged into the corresponding John Hancock Variable Insurance Trust portfolio listed below under “Acquiring Portfolios.”

 

Acquired Portfolios

  

Acquiring Portfolios

All Cap Value    Fundamental Large Cap Value
Core Allocation Plus    Core Strategy
Disciplined Diversification    Core Strategy
Fundamental Holdings    Core Strategy
Global Diversification    Core Strategy
Smaller Company Growth    Small Cap Opportunities

As a result, you will not be able to allocate your policy value or any premium payments to an investment account corresponding with one of the Acquired Portfolios after December 6, 2013. You should disregard any reference in your product prospectus to the Acquired Portfolios.

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

Prior to making any investment decisions, you should carefully review your product prospectus and all applicable supplements. In addition, you should review the prospectuses and applicable supplements for the underlying portfolios that we make available as investment options under the policies. The prospectuses describe the investment objectives, policies and restrictions of, and the risks relating to, investment in the portfolios. In the case of any of the portfolios that are operated as feeder funds, you should also review the prospectus for the corresponding master fund. If you need to obtain additional copies of any of these documents, please contact your representative or contact our Service Office at the address or telephone number on the back page of your product prospectus.

VLI ProdSupp VL3 10/2012