Tag: manulife insurance

Manulife insurance company changes run deep as the firm attempts simplification

Nordstrom
Insurance company changes - Manulife Evenelope

The insurer’s customers find dealing with the company to be complicated, so it is seeking improved tech. Insurance company changes are coming to industry giant, Manulife. They may have started with a change of signage but will go far deeper into the organization than that. The purpose of the changes is to use technology to greatly simplify the issue of complexity for customers. While there will be insurance company changes, Manulife has stated that the alterations will be applied throughout the corporation. Manulife Financial Corp. recently revealed the results of…

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John Hancock long term care insurance is shutting down

Logan B.

The insurer recently announced its intentions to step out of that market and will cease selling next month. As of December 2016, John Hancock long term care insurance policies will no longer be sold by the insurer. This announcement arrived as the company announced that it would be exiting that coverage market. The insurance company is owned by one of the largest long term care policy providers in the United States. John Hancock long term care insurance is owned by Canadian firm Manulife Financial Corp. That company is among the…

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Life insurance companies now selling to HIV patients in US and Canada

Julie Campbell
HIV life insurance companies policy AIDS red ribbon

John Hancock in the United States and Manulife in Canada have both announced the lifting of the exclusion. On Friday, HIV patients received some good news from life insurance companies in the United States and Canada, as John Hancock Insurance and Manulife have both stated that they will be removing their exclusion for these patients. This is the second insurer in the U.S. to make this announcement and the first ever in Canada. On Friday, John Hancock Insurance said that it will be offering its policies to people who are…

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Life insurance business in Taiwan being sold by Manulife

G. Turner
life insurance news

The company has announced that it will be ending the relationship that they have had in the country for 11 years. Manulife Financial Corp. has now announced that it will be ending an 11 year life insurance business relationship in Taiwan, and that it will be selling this business for about $25 million. The company has already found a buyer for this unit, and the acquisition processes are underway. CTBC Life Insurance Co., Ltd., will be purchasing this business from Manulife. It is the insurance arm of a large Taiwan…

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