424B2 1 d424b2.htm FORM 424(B)(2) Form 424(b)(2)

 

Registration No. 333-85488

Filed Pursuant to Rule 424(b)(2)

 

John Hancock Life Insurance Company

SignatureNotes

With Maturities of Twelve Months or More from Date of Issue

 

 

Pricing Supplement No. 32

Trade Date:  3/10/2003

(To Prospectus dated July 22, 2002 as supplemented

Issue Date:  3/13/2003

by Prospectus Supplement dated January 10, 2003)

 

The date of this Pricing Supplement is March 10, 2003

 

CUSIP or Common Code:

  

41013MJM3

Price to Public:

  

100.000% of the principal amount

Proceeds to Issuer:

  

$3,399,915.00

Discounts and Commissions:

  

0.500%

Reallowance:

  

0.150%

Dealer:

  

99.625%

Maturity Date:

  

9/15/2005

Stated Annual Interest Rate:

  

Floating Rate Note

Interest Reset Periods:

  

Quarterly, commencing on the 15th day of June, September, December and March (or, if such day is not a Business Day, the next following Business Day)

Interest Reset Dates:

  

The 15th day of June, September, December and March (or, if such day is not a Business Day, the next following Business Day)

Day Count Convention:

  

Actual/365 (Fixed)

Interest Rate Basis:

  

Treasury Rate

Index Maturity:

  

3 month

Spread:

  

+0.40%

Initial Interest Rate:

  

1.57972%

Maximum Interest Rate:

  

4.00% per annum with respect to each Interest Reset Period

Minimum Interest Rate:

  

N/A

Interest Payment Frequency and Dates:

  

Quarterly, on the 15th day of June, September, December and March (or, if such day is not a Business Day, the next following Business Day)

First Interest Payment Date:

  

6/15/2003

Additional Amounts:

  

N/A

Survivor’s Option:

  

Yes

Callable by Issuer:

  

No

If Callable by Issuer, dates and terms of redemption (including the redemption price)

  

N/A

Original Issue Discount1:

  

N/A

Other Material Terms (if any):

  

N/A

1   For information regarding certain tax provisions applicable to Original Issue Discount notes, including zero-coupon notes, see “Tax Consequences to U.S. Holders — Original Issue Discount Notes” in the Prospectus.

 

Page 1 of 3

 

Registration No. 333-85488

Filed Pursuant to Rule 424(b)(2)

 

John Hancock Life Insurance Company

SignatureNotes

With Maturities of Twelve Months or More from Date of Issue

 

 

Pricing Supplement No. 32

Trade Date:  3/10/2003

(To Prospectus dated July 22, 2002

Issue Date:  3/13/2003

 

The date of this Pricing Supplement is March 10, 2003

 

CUSIP or Common Code:

   

41013MJN1

   

41013MJP6

   

41013MJQ4

   

41013MJR2

   

41013MJS0

Price to Public:

   

100.000%

   

100.000%

   

100.000%

   

100.000%

   

100.000%

Proceeds to Issuer:

   

$697,612.50

   

$745,984.00

   

$351,450.00

   

$2,400,910.00

   

$314,534.00

Discounts and Commissions:

   

0.625%

   

0.800%

   

1.000%

   

1.400%

   

1.400%

Reallowance:

   

0.150%

   

0.150%

   

0.150%

   

0.200%

   

0.200%

Dealer:

   

99.500%

   

99.350%

   

99.200%

   

98.800%

   

98.800%

Maturity Date:

   

3/15/2006

   

3/15/2007

   

3/15/2008

   

3/15/2011

   

3/15/2011

Stated Annual Interest Rate:

   

2.2000%

   

2.650%

   

3.050%

   

Step:  2.500% through 9/14/2005, and 6.000% thereafter (unless called)

   

3.850%

Interest Payment Frequency:

   

Monthly

   

Monthly

   

Monthly

   

Monthly

   

Monthly

First Payment Date:

   

4/15/2003

   

4/15/2003

   

4/15/2003

   

4/15/2003

   

4/15/2003

Additional Amounts:

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

Survivor’s Option:

   

Yes

   

Yes

   

Yes

   

Yes

   

Yes

Callable by Issuer:

   

No

   

No

   

No

   

Yes

   

No

If Callable by Issuer, dates and terms of redemption (including the redemption price)

   

N/A

   

N/A

   

N/A

   

9/15/2005

Callable one time only at 100% on call date above with 30 days notice.

   

N/A

Original Issue Discount2:

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

Other Material Terms (if any):

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

2   For information regarding certain tax provisions applicable to Original Issue Discount notes, including zero-coupon notes, see “Tax Consequences to U.S. Holders — Original Issue Discount Notes” in the Prospectus.

 

Page 2 of 3

 

Registration No. 333-85488

Filed Pursuant to Rule 424(b)(2)

 

John Hancock Life Insurance Company

SignatureNotes

With Maturities of Twelve Months or More from Date of Issue

 

 

Pricing Supplement No. 32

Trade Date:  3/10/2003

(To Prospectus dated July 22, 2002

Issue Date:  3/13/2003

 

The date of this Pricing Supplement is March 10, 2003

 

CUSIP or Common Code:

   

41013MJT8

   

41013MJU5

   

41013MJV3

   

41013MJW1

   

41013MJX9

Price to Public:

   

100.000%

   

100.000%

   

100.000%

   

100.000%

   

100.000%

Proceeds to Issuer:

   

$722,990.00

   

$627,817.50

   

$630,140.00

   

$429,000.00

   

$4,039,765.00

Discounts and Commissions:

   

1.500%

   

1.750%

   

2.000%

   

2.500%

   

2.750%

Reallowance:

   

0.200%

   

0.275%

   

0.350%

   

0.350%

   

0.350%

Dealer:

   

98.800%

   

98.600%

   

98.350%

   

97.850%

   

97.600%

Maturity Date:

   

3/15/2013

   

3/15/2015

   

3/15/2018

   

3/15/2023

   

3/15/2028

Stated Annual Interest Rate:

   

4.350%

   

4.500%

   

Step:  3.000% through 3/14/2006, and 6.500% thereafter (unless called)

   

5.050%

   

5.300%

Interest Payment Frequency:

   

Monthly

   

Monthly

   

Monthly

   

Monthly

   

Monthly

First Payment Date:

   

4/15/2003

   

4/15/2003

   

4/15/2003

   

4/15/2003

   

4/15/2003

Additional Amounts:

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

Survivor’s Option:

   

Yes

   

Yes

   

Yes

   

Yes

   

Yes

Callable by Issuer:

   

No

   

No

   

Yes

   

No

   

Yes

If Callable by Issuer, dates and terms of redemption (including the redemption price)

   

N/A

   

N/A

   

3/15/2006

Callable one time only at 100% on call date above with 30 days notice.

   

N/A

   

3/15/2008

Callable one time only at 100% on call date above with 30 days notice.

Original Issue Discount3:

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

Other Material Terms (if any):

   

N/A

   

N/A

   

N/A

   

N/A

   

N/A

3   For information regarding certain tax provisions applicable to Original Issue Discount notes, including zero-coupon notes, see “Tax Consequences to U.S. Holders — Original Issue Discount Notes” in the Prospectus.

 

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