John Hancock Inflation Guard offered by John Hancock

Introduction
Type of Product Fixed Annuity
Product NameJohn Hancock Inflation Guard
Offered byJohn Hancock
Company Info

John Hancock merged with th... read more

Contact Information
Company OfferingJohn Hancock
Company TypeInsurance Company
Phone Number800-344-1029
Websitewww.johnhancock.com
Talk to a Financial Advisor
Contact Information Connect with a Financial Advisor
Reviews and Ratings
Average Review

4.666665/5 from 3 Reviews


Product Ratings and Reviews

Rating:
4
Average: 4 (1 vote)

The fact that this is an inflation-protected fixed annuity makes the product stand heads and shoulders above most other products since inflation protection can be hard to come by.

One criticism that takes away from the automatic five stars is the relatively high minimum initial premium.

$25,000 is the minimum initial premium.

This is not an insignificant amount for most people who are considering a fixed annuity.

John Hancock might benefit from opening up this product to a wider audience.

I know the product is new, so maybe there will be changes that are introduced in the next few years.  Let's hope a lower minimum premium is one of those changes. 

2,226 reads
Rating:
5
Average: 5 (1 vote)

The Inflation Guard fixed annuity from John Hancock has a nice feature that offers financial flexibility in the event of a critical illness or nursing home scenario.

In either of these scenarios, the company allows the contract holder to take out all of their money.

There are no withdrawal charges or market value adjustments that would apply to the withdrawal under these conditions.

Lack of liquidity for health and long-term care issues is one of the most frequent criticisms of annuities.

Here is an annuity that addresses that criticism head-on by providing full liquidity when times are tough.

2,083 reads
Rating:
5
Average: 5 (1 vote)

All of the gold bugs and end-of-days crew can rest easy knowing that there is another inflation protected fixed annuity on the market.

Buyers of fixed annuities--and there have been many of them over the past several years--might just be making one of the biggest financial mistakes in history.

Inflation will crush anyone who has locked-in super low income payments from a fixed annuity.

The fear-factor and desire to have fixed payments is understandable given all of the stuff that has taken place in global financial markets over the past 3 decades.

The fear may be clouding the much larger long-term risk presented by inflation.

Anyone making a long-term, multi-decade bet with a fixed annuity should most certainly think about having some inflation protection.

2,128 reads

While efforts are made to keep information on this page accurate and updated, the information shown on this page may be variable or out of date. Always check the issuing company's website or other public data listings for the latest information applicable to you as actual information may vary.