John Hancock Cost of Insurance Investigation

John Hancock Raising Costs on Performance Universal Life Policies

Squitieri & Fearon, LLP is investigating possible class action claims against John Hancock for increasing the costs of insurance for the John Hancock Performance universal life policies. John Hancock is now raising the cost of insurance (COI) on its Performance universal life policies in a way that we say violates the terms of the policies and is resulting in policyholders paying more than they should in order to keep the policies in force.  When insurance carriers raise the cost of insurance like this, the policies often become too expensive for policyholders who have faithfully paid premiums for years. Many of those policies will lapse or be cancelled because the costs are too high.  The cost increases also deplete the accumulated cash value of the policies.

If you or someone you know has a universal life policy with John Hancock …..  add contact information and contact box.


John Hancock Cost of Insurance Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.