This streamlined insurance product provides customers with generous Return of Premium (ROP) benefits and the chance to earn rewards and discounts, all through a 100% instant underwriting decision.
Ethos’ advanced technology platform contains one of the strongest product portfolios and offers customers and agents a seamless experience, simplifying the life insurance purchasing process.
Michelle Dauphinais, Vice President and Head of Distribution at John Hancock, commented: “We are excited about this new distribution relationship with Ethos, enabling us to reach a broader customer base with our Simple Term product and providing access to the unique John Hancock Vitality PLUS Programme. John Hancock Simple Term with Vitality and ROP offers agents instant, hassle-free ways to protect a wider range of families and helps meet their life insurance needs.”
Fred DeMinico, Vice President and Head of Sales at John Hancock, said: “This product offers premier ROP coverage, offering up to a 100% return of premiums paid by the end of the 25- and 30-year level-term periods. With Simple Term with Vitality, customers automatically receive John Hancock Vitality PLUS, which offers rewards for healthy behaviours, such as the opportunity to earn an Apple Watch® for as little as $25 plus tax with regular exercise, premium cashback of up to 15 percent annually, discounts from retailers, and other valuable perks.”
Finally, Erin Lantz, Chief Revenue Officer of Ethos, added: “Ethos is proud to collaborate with John Hancock on the first ROP product we’ve offered. Agents have been asking for it, and now, not only are we delivering a cutting-edge agent experience with a first-rate product portfolio, we are doing it with one of the most trusted partners in the life insurance industry. We couldn’t be more excited to bring this product to our market together.”
