John Hancock Sees Increase in Long Term Care Insurance Sales

By |February 18, 2014|Categories: Breaking News, Companies, Insurance Industry, Retirement Planning|Tags: , , , |

The insurance provider John Hancock reported positive 4th quarter results for their long term care division, including an increase in sales.

John Hancock 4th Quarter Results

Manulife, better known as John Hancock in the United States, released its 4th quarter earnings recently and showed an uptick in sales of Long Term Care Insurance, indicating positive changes ahead for the company.

The company as a whole reported $138 million in net income in the 4th quarter of 2013, compared to $148 million in the same quarter of the previous year. Manulife also reported $282 million in total revenue, compared to a much higher[…]