Hancock Adds Fixed Annuity

John Hancock Financial has launched the JH Signature modified guaranteed fixed annuity... Customers can choose a 3-year, 5-year, 7-year or 10-year guarantee period along with a matching withdrawal charge schedule, according to Hancock, Boston, a unit of Manulife Financial Corp., Toronto.

The minimum premium is $25,000. Customers who can invest $50,000 will get a higher rate, and those who invest $100,000 will get the highest rate, Hancock says...

L&H Insurance News: Hancock Adds Fixed Annuity