JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.)
SEPARATE ACCOUNTS A AND N
JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK
SEPARATE ACCOUNT B
Supplement dated June 27, 2025 to the Statutory Prospectuses and
Updating Summary Prospectuses dated April 28, 2025
Changes to Variable Investment Options
This Supplement is intended for distribution with the Statutory Prospectuses and Updating Summary Prospectuses (each a prospectus) dated April 28, 2025 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 belong to the following policies:
Corporate VUL 03 |
Survivorship VUL | |
Corporate VUL 04 |
VUL Accumulator | |
EPVUL |
VUL Protector | |
SPVL |
Changes to Current Expenses
Effective on or about July 1, 2025 (the Effective Date), there is a reduction in Current Expenses for the JHVIT Strategic Income Opportunities Trust in the Appendix: Portfolios Available Under the Contract section of the prospectus.
Accordingly, the Current Expenses of the JHVIT Strategic Income Opportunities Trust Series I portfolio are deleted in the Appendix: Portfolios Available Under the Contract section of each prospectus and replaced with the following:
Investment Objective | Portfolio and Adviser/Subadviser | Current Expenses |
Average Annual Total Returns (as of 12/31/24) (%) | |||||||
1-Year
|
5-Year | 10-Year | ||||||||
To seek a high level of current income. | Strategic Income Opportunities Trust Series I John Hancock Variable Trust Advisers LLC/Manulife Investment Management (US) LLC | 0.76%* | 3.10 | 1.76 | 2.59 |
* This portfolios annual expenses reflect temporary fee or expense waivers or reimbursements.
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 06/2025
333-85284 | 333-71136 | 333-85296 | 333-33504 | 333-100567 | ||||
333-88748 | 333-100597 | 333-88972 | 333-100664 |