Supplement Dated March 3, 2020
This supplement is intended for distribution with prospectuses dated April 29, 2019, or later, 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:
Accumulation VUL 19 |
Majestic Accumulation VUL 19 | |||||
Accumulation VUL 2014 |
Majestic VULX | |||||
Protection VUL 2012 |
Majestic Survivorship VULX | |||||
Protection VUL 2017 |
Majestic VCOLIX | |||||
Survivorship Variable Universal Life |
Accumulation VUL | |||||
Medallion Executive Variable Life |
Majestic Performance Survivorship Variable Universal Life | |||||
Medallion Executive Variable Life II |
Medallion Variable Life | |||||
Medallion Executive Variable Life III |
Simplified 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 Majestic Performance VUL |
Medallion Variable Universal Life Plus 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 | |||||
Annual Premium Variable Life |
||||||
CVUL |
Portfolio Name Change and Subadviser Change
We amend the Table of Investment Options and Investment Subadvisers to reflect the following portfolio name change and subadviser change:
Former Name |
New Name |
Former Subadviser |
New Subadviser | |||
Global Bond | Opportunistic Fixed Income |
Pacific Investment Management Company LLC | Wellington Management Company LLP |
Accordingly, all references in the prospectuses to the Former Name and Former Subadviser are changed to the New Name and New Subadviser, respectively, effective immediately.
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 03/2020