EE
● Terminated
Enhanced Earnings Death Benefit
John Hancock Life Insurance Company (U.S.A.)
DTCC ID
—
COMPANY
John Hancock Life Insurance Company (U.S.A.)
TYPE
Variable Annuity
INCEPTION
—
Identity
Benefit name
Enhanced Earnings Death Benefit
Internal benefit name
Enhanced Earnings Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
3
Inception date
—
Closed date
—
DTCC Rider ID
—
Last modified
Aug 29, 2025
Life & Age
Based on life
Owner
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Subsequent purchase payment will increase benefit base by dollar-for-dollar amount.
Partial withdrawals
Withdrawals will reduce benefit base in same proportion.
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
Yes
Spousal continuation detail
Surviving spouse may elect to continue benefit after death of owner.
State Availability
Exception flag
No
Available in states
—
Benefit Description
Issuer will add 40% earnings percentage (25% if owner ages between 70 or older) to any death benefit payable under contract. Earnings are amount by which sum of contract value exceeds total purchase payments adjusted for withdrawal.
Lifecycle Events
Cancellation
Benefit may automatically terminate under certain conditions.
Termination
Benefit will automatically terminate upon earliest of - 1) annuitization, 2) termination of contract, or 3) death.
Available when added
No longer available for new purchases.