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. 132	Trade Date: 8/16/2004
(To Prospectus dated July 22, 2002 as supplemented by Prospectus Supplement dated January 10, 2003)	Issue Date: 8/19/2004

The date of this Pricing Supplement is August 16, 2004

CUSIP or Common Code:	41013NAP3
Price to Public:	100.000% of the principal amount
Principal Amount:	$218,000.00
Proceeds to Issuer:	$214,730.00
Discounts and Commissions:	1.500%
Reallowance:	0.200%
Dealer:	98.800%
Maturity Date:	8/15/2014
Stated Annual Interest Rate:	Floating Rate Note
Interest Reset Periods:	Quarterly, commencing on the 15th day of November, February, May and August (or, if such day is not a Business Day, the next following Business Day)
Interest Reset Dates:	The 15th day of November, February, May and August (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:	+0.70%
Initial Interest Rate:	2.13453%
Maximum Interest Rate:	7.00% per annum with respect to each Interest Reset Period
Minimum Interest Rate:	0.00%
Interest Payment Frequency and Dates:	Quarterly, on the 15th day of November, February, May and August (or, if such day is not a Business Day, the next following Business Day)
First Interest Payment Date:	11/15/2004
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.

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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. 132	Trade Date: 8/16/2004
(To Prospectus dated July 22, 2002 as supplemented by Prospectus Supplement dated January 10, 2003)	Issue Date: 8/19/2004

The date of this Pricing Supplement is August 16, 2004

CUSIP or Common Code:	41013NAF5	41013NAG3	41013NAH1	41013NAJ7	41013NAK4
Price to Public:	100.000%	100.000%	100.000%	100.000%	100.000%
Principal Amount:	$1,050,000.00	$439,000.00	$1,384,000.00	$382,000.00	$592,000.00
Proceeds to Issuer:	$1,044,750.00	$436,256.25	$1,372,928.00	$378,180.00	$583,712.00
Discounts and Commissions:	0.500%	0.625%	0.800%	1.000%	1.400%
Reallowance:	0.100%	0.150%	0.150%	0.150%	0.200%
Dealer:	99.625%	99.500%	99.350%	99.200%	98.800%
Maturity Date:	8/15/2006	8/15/2007	8/15/2008	8/15/2009	8/15/2012
Stated Annual Interest Rate:	2.450%	2.950%	3.350%	3.650%	4.300%
Interest Payment Frequency:	Monthly	Monthly	Monthly	Monthly	Monthly
First Payment Date:	9/15/2004	9/15/2004	9/15/2004	9/15/2004	9/15/2004
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	No	No
If Callable by Issuer, dates and terms of redemption (including the redemption price)	N/A	N/A	N/A	N/A	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

Effective April 7, 2003 the name of Solomon Smith Barney Inc., an agent of the program, was changed to Citigroup Global Markets Inc.

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.

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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. 132	Trade Date: 8/16/2004
(To Prospectus dated July 22, 2002 as supplemented by Prospectus Supplement dated January 10, 2003)	Issue Date: 8/19/2004

The date of this Pricing Supplement is August 16, 2004

CUSIP or Common Code:	41013NAL2	41013NAM0	41013NAQ1	41013NAR9
Price to Public:	100.000%	100.000%	100.000%	100.000%
Principal Amount:	$1,499,000.00	$82,000.00	$1,418,000.00	$2,627,000.00
Proceeds to Issuer:	$1,478,014.00	$80,770.00	$1,393,185.00	$2,561,325.00
Discounts and Commissions:	1.400%	1.500%	1.750%	2.500%
Reallowance:	0.200%	0.200%	0.275%	0.350%
Dealer:	98.800%	98.800%	98.600%	97.850%
Maturity Date:	8/15/2012	8/15/2014	8/15/2016	8/15/2029
Stated Annual Interest Rate:	Step: 3.000% through 8/14/2006, and 5.750% thereafter (unless called)	4.650%	5.150%	5.600%
Interest Payment Frequency:	Monthly	Semi	Semi	Semi
First Payment Date:	9/15/2004	2/15/2005	2/15/2005	2/15/2005
Additional Amounts:	N/A	N/A	N/A	N/A
Survivor’s Option:	Yes	Yes	Yes	Yes
Callable by Issuer:	Yes	No	Yes	Yes
If Callable by Issuer, dates and terms of redemption (including the redemption price)	8/15/2006 Callable one time only at 100% on call date above with 30 days notice.	N/A	2/15/2007 Callable one time only at 100% on call date above with 30 days notice.	8/15/2009 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
Other Material Terms (if any):	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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