JH Signature is expected to provide safety and security with guaranteed interest rates

John Hancock Financial’s Fixed Products Group has launched a fixed annuity product – JH Signature.

According to the company, JH Signature is expected to provide a combination of ‘rate for term’ choices, competitive guaranteed interest rates, and support services to help manage challenging eldercare situations.

Ron McHugh, SVP and GM, John Hancock Fixed Products, said: We believe the JH Signature fixed annuity is an excellent addition to the strong, highly competitive John Hancock product portfolio in the marketplace. JH Signature Fixed Annuity offers safety and security to clients as well as competitive rates and tax deferred growth backed by the financial strength of one of the most highly rated insurance companies in the industry.

The company stated that JH Signature also offers the Family Resource Benefits, which are likely to provide professional health and lifestyle information.

John Hancock Financial, a unit of Manulife Financial Corporation, is a provider of financial protection products and wealth management services.