0001193125-17-323389.txt : 20171030 0001193125-17-323389.hdr.sgml : 20171030 20171027180303 ACCESSION NUMBER: 0001193125-17-323389 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171030 DATE AS OF CHANGE: 20171027 EFFECTIVENESS DATE: 20171030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JOHN HANCOCK LIFE INSURANCE CO (USA) SEPARATE ACCOUNT N CENTRAL INDEX KEY: 0000813572 IRS NUMBER: 232030787 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-100567 FILM NUMBER: 171160404 BUSINESS ADDRESS: STREET 1: 200 BLOOR STREET EAST ST 10 STREET 2: TORONTO M4W 1EF CITY: ONTARIO CANADA STATE: A6 ZIP: 48304 BUSINESS PHONE: 4169266302 MAIL ADDRESS: STREET 1: P O BOX 600 CITY: BUFFALO STATE: NY ZIP: 14201-0600 FORMER COMPANY: FORMER CONFORMED NAME: MANUFACTURERS LIFE INS CO USA SEPARATE ACCOUNT N DATE OF NAME CHANGE: 20020411 FORMER COMPANY: FORMER CONFORMED NAME: SEPARATE ACCOUNT FOUR OF THE MANUFACTURERS LIFE INS CO OF AM DATE OF NAME CHANGE: 19920703 0000813572 S000009940 JOHN HANCOCK LIFE INSURANCE CO (USA) SEPARATE ACCOUNT N C000027518 CVUL 03 C000027519 CVUL 04 497 1 d460929d497.htm JHUSA N - CVUL 03, CVUL 04 JHUSA N - CVUL 03, CVUL 04

Supplement Dated October 30, 2017

To

Prospectuses Dated May 1, 2017

 

 

This supplement is intended for distribution with prospectuses dated May 1, 2017, 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:

 

Medallion Executive Variable Life   Majestic Performance Survivorship Variable Universal Life
Medallion Executive Variable Life II   Medallion Variable Life
Medallion Executive Variable Life III   Protection Variable Universal Life
Majestic Variable Universal Life   Variable Estate Protection
Majestic Variable Universal Life 98   Variable Estate Protection Plus
Variable Master Plan Plus   Variable Estate Protection Edge
Majestic Variable COLI   Performance Executive Variable Life
Majestic Variable Estate Protection   Performance Survivorship Variable Universal Life
Majestic Variable Estate Protection 98   Medallion Variable Universal Life Plus
Majestic Performance VUL   Medallion Variable Universal Life Edge
eVariable Life   Medallion Variable Universal Life Edge II
Protection VUL   Flex V1
Accumulator   Flex V2
EPVUL   SPVL
VUL Protector   SVUL
VLI   Accumulation VUL
CVUL  

Please note that certain of the investment options described in this supplement may not be available to you under your policy. For more information on the investment options available under your policy, please refer to your prospectus or contact our Service Office.

Portfolio Mergers

Effective after the close of business on October 27, 2017, 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
American New World   Emerging Markets Value
Core Strategy   Lifestyle Growth PS
Value   Mid Cap Index

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 October 27, 2017. Any reference in your product prospectus to the Acquired Portfolios should be replaced with the names of the corresponding Acquiring Portfolios.

Portfolio Name Changes

Effective after the close of business on October 27, 2017, we amend the Table of Investment Options and Investment Subadvisers to reflect the following portfolio name changes:

 

Current Name   New Name
500 Index B   500 Index
International Equity Index B   International Equity Index
Lifestyle Aggressive MVP   Managed Volatility Aggressive

Lifestyle Balanced MVP   Managed Volatility Balanced
Lifestyle Conservative MVP   Managed Volatility Conservative
Lifestyle Growth MVP   Managed Volatility Growth
Lifestyle Moderate MVP   Managed Volatility Moderate
Lifestyle Growth PS   Lifestyle Growth
Total Bond Market B   Total Bond Market

Portfolio Closure

After the close of business on October 27, 2017, the Alpha Opportunities portfolio will no longer be available for new investment. Policy owners with policy value allocated to the Alpha Opportunities portfolio at the close of business on October 27, 2017, may continue to allocate premium or transfer policy value to and from the Alpha Opportunities portfolio, pursuant to the terms of the contract and prospectus. The Table of Investment Options and Investment Subadvisers has been amended to reflect the Alpha Opportunities portfolio closure to new investments.

 

 

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 VL2 11/2017

 

333-164150   333-164163   333-164154   333-124150
333-164151   333-164165   333-164157   333-157212
333-164152   333-164166   333-164158   333-85284
333-164153   333-164167   333-164159   333-126668
333-164156   333-164168   333-164160   333-127543
333-164155   333-164169   333-164171   333-131134
333-164161   333-164170   333-164172   333-152407
333-164162   333-164173   333-164175   333-131299
333-164164   333-164174   333-164176   333-131139
333-152406   333-152409   333-132905   333-157213
333-88748   333-100567   333-100664  
333-71136   333-85296    
333-100579   333-88972    
333-124150   333-33504