John Hancock sells a broad range of insurance products and financial services throughout the United States. Since its beginnings in 1862, the company has grown to become a leading insurance provider.
Originally known as John Hancock Mutual Life Insurance Company, over the years the business transformed by growing and divesting certain lines of its products. In 1992, Provident Life & Accident Insurance Company acquired John Hancock’s $40 million individual disability insurance line.
In 2004, John Hancock was purchased by Manulife Financial Corporation, a major Canadian insurance group. Manulife operates in the United States primarily through the John Hancock brand of insurance products. The U.S. division of Manulife does business under the name of John Hancock Financial Services.
Today, John Hancock’s core products include life insurance, long term care insurance, annuities, 401(k) plans and mutual funds. John Hancock continues to participate in the disability insurance market, through long-term disability income insurance for business owners and employer-sponsored group disability plans.