497VPU 1 d865088d497vpu.htm JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) SEPARATE ACCOUNT A JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) Separate ACCOUNT A

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 27, 2025 to the Statutory Prospectuses,

Updating Summary Prospectuses, and Initial Summary Prospectuses,

dated April 28, 2025

Changes to Variable Investment Options

This Supplement is intended for distribution with the Statutory Prospectuses, Updating Summary Prospectuses, and Initial Summary Prospectuses, as applicable, (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:

 

Accumulation Survivorship Variable Universal Life 2020    Majestic Variable Universal Life 98
Accumulation SVUL    Majestic VCOLIX
Accumulation Variable Universal Life    Majestic VULX
Accumulation Variable Universal Life 08    Medallion Executive Variable Life
Accumulation Variable Universal Life 2014    Medallion Executive Variable Life II
Accumulation Variable Universal Life 2019    Medallion Executive Variable Life III
Accumulation Variable Universal Life 2021    Medallion Variable Universal Life Edge
Accumulation Variable Universal Life 2021 Core    Medallion Variable Universal Life Edge II
Accumulation Variable Universal Life 2025    Medallion Variable Universal Life Plus
Accumulation Variable Universal Life 2025 Employer Market    Performance Executive Variable Life
Corporate VUL    Performance Survivorship Variable Universal Life
Corporate VUL 05    Protection SVUL
Corporate VUL 08    Protection Variable Universal Life
Majestic Accumulation Variable Universal Life 2019    Protection Variable Universal Life 09
Majestic Accumulation Variable Universal Life 2021    Protection Variable Universal Life 2012
Majestic Performance Survivorship Variable Universal Life    Protection Variable Universal Life 2017
Majestic Performance Variable Universal Life    Protection Variable Universal Life 2021
Majestic Survivorship Variable Universal Life 2020    Protection Variable Universal Life 2023
Majestic Survivorship VULX    Simplified Life

Majestic Variable COLI

 

   Variable Estate Protection
Majestic Variable Estate Protection    Variable Estate Protection Edge
Majestic Variable Estate Protection 98    Variable Estate Protection Plus
Majestic Variable Universal Life    Variable Master Plan Plus


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 NAV 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 NAV

John Hancock Variable Trust Advisers LLC/Manulife

Investment Management (US) LLC

 

 

   0.71%* 
   3.16     1.81     2.65 

* This portfolio’s 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    333-233647    333-131134    333-238712    333-164162
333-124150    333-233648    333-132905    333-126668    333-164164
333-131299    333-236446    333-141693    333-152409    333-164163
333-141692    333-236447    333-148992    333-164150    333-164165
333-148991    333-248502    333-151631    333-164151    333-164166
333-151630    333-254210    333-152407    333-164152    333-164167
333-152406    333-254211    333-152408    333-164153    333-164168
333-153252    333-265436    333-153253    333-164156    333-164169
333-157212    333-266659    333-157213    333-164154   
333-179570    333-281927    333-179571    333-164155   
333-193994    333-281928    333-193995    333-164171   
333-194818    333-127543    333-235396    333-164173   
333-217721    333-131139    333-235397    333-164161