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 funds 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 funds 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 |