0001193125-22-180088.txt : 20220623 0001193125-22-180088.hdr.sgml : 20220623 20220623161119 ACCESSION NUMBER: 0001193125-22-180088 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220623 DATE AS OF CHANGE: 20220623 EFFECTIVENESS DATE: 20220623 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: 333-126668 FILM NUMBER: 221035557 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 C000027520 Corporate VUL 05 497 1 d338920d497.htm JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) ACCOUNT N JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) ACCOUNT N

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.)

SEPARATE ACCOUNTS A, N, S, U, AND UV

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK

SEPARATE ACCOUNT B

Supplement dated June 23, 2022 to Prospectuses dated April 25, 2022

Changes to Variable Investment Options

This Supplement is intended for distribution with prospectuses dated April 25, 2022 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 Survivorship Variable Universal Life 2020   Majestic VULX
Accumulation SVUL   Medallion Executive Variable Life
Accumulation Variable Universal Life   Medallion Executive Variable Life II
Accumulation Variable Universal Life 08   Medallion Executive Variable Life III
Accumulation Variable Universal Life 2014   Medallion Variable Universal Life Edge
Accumulation Variable Universal Life 2019   Medallion Variable Universal Life Edge II
Accumulation Variable Universal Life 2021   Medallion Variable Universal Life Plus
Corporate VUL   Performance Executive Variable Life
Corporate VUL 03   Performance Survivorship Variable Universal Life
Corporate VUL 04   Protection SVUL
Corporate VUL 05   Protection Variable Universal Life
Corporate VUL 08   Protection Variable Universal Life 09
EPVUL   Protection Variable Universal Life 2012
Majestic Accumulation Variable Universal Life 2019   Protection Variable Universal Life 2017
Majestic Accumulation Variable Universal Life 2021   Protection Variable Universal Life 2021
Majestic Performance Survivorship Variable Universal Life   Simplified Life
Majestic Performance Variable Universal Life   SPVL
Majestic Survivorship Variable Universal Life 2020   Survivorship VUL
Majestic Survivorship VULX   Variable Estate Protection
Majestic Variable COLI   Variable Estate Protection Edge
Majestic Variable Estate Protection   Variable Estate Protection Plus
Majestic Variable Estate Protection 98   Variable Master Plan Plus
Majestic Variable Universal Life   VUL Accumulator
Majestic Variable Universal Life 98   VUL Protector
Majestic VCOLIX    

Changes to Subadvisor and Current Expenses

Effective June 23, 2022 (Effective Date), T. Rowe Price Associates, Inc. will become the sole subadvisor for the JHVIT Science & Technology Trust. Accordingly, as of the Effective Date, all references to “Allianz Global Investors U.S. LLC” as they relate to the JHVIT Science & Technology Trust are hereby removed from the prospectus.

In addition, effective June 1, 2022, there is a reduction in Current Expenses for the JHVIT Science & Technology Trust in the “Appendix: Portfolios Available Under the Contract” section of the prospectus.

Accordingly, the subadvisor for JHVIT Science & Technology Trust and the “Current Expenses” are updated as follows in the “Appendix: Portfolios Available Under the Contract” section of each prospectus where the appendix lists Science & Technology Series I:

 

  

 

     

 

  

Current

Expenses*

   Average Annual Total
Returns
(as of 12/31/21) (%)
Investment Objective   Portfolio and Adviser/Subadvisor   1-Year   5-Year   10-Year

To seek long-term growth of capital. Current income is incidental to the fund’s objective.

  

Science & Technology Trust – Series I

 

John Hancock Variable Trust Advisers LLC/T. Rowe Price Associates, Inc.

  1.02%   8.53   27.04   21.22

The subadvisor for JHVIT Science & Technology Trust and the “Current Expenses” are updated as follows in the “Appendix: Portfolios Available Under the Contract” section of each prospectus where the appendix lists Science & Technology Series NAV:

 

  

 

     

 

  

Current

Expenses*

   Average Annual Total
Returns
(as of 12/31/21) (%)
Investment Objective   Portfolio and Adviser/Subadvisor   1-Year   5-Year   10-Year

To seek long-term growth of capital. Current income is incidental to the fund’s objective.

  

Science & Technology Trust – Series NAV

 

John Hancock Variable Trust Advisers LLC/T. Rowe Price Associates, Inc.

  0.97%   8.58   27.10   21.28

 

 

You should read this supplement together with the prospectus for the contract you purchased and retain both documents 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 VL 06/2022

 

333-85284    333-233647    333-132905    333-152407    333-164164
333-88748    333-233648    333-141693    333-100567    333-164163
333-71136    333-236446    333-148992    333-126668    333-164165
333-100597    333-236447    333-151631    333-152409    333-164166
333-124150    333-248502    333-152408    333-164150    333-164167
333-131299    333-254210    333-153253    333-164151    333-164168
333-141692    333-254211    333-157213    333-164152    333-164169
333-148991    333-152406    333-179571    333-164153    333-164170
333-151630    333-85296    333-193995    333-164156   
333-153252    333-88972    333-194819    333-164154   
333-157212    333-33504    333-221236    333-164155   
333-179570    333-100664    333-235396    333-164171   
333-193994    333-127543    333-235397    333-164173   
333-194818    333-131139    333-238712    333-164161   
333-217721    333-131134    333-238713    333-164162