John Hancock Life Insurance Company; Proposed Rate Increase for Several LTC Forms; Rate Filing
[42 Pa.B. 5315]
[Saturday, August 11, 2012]
John Hancock Life Insurance Company is requesting approval to increase the premium an aggregate 18.7% on the following individual LTC forms: LTC-PA-91, NH-PA-91, LTC-94 PA, LTC-94 PA 2/95, NH-94 PA, NH-94 PA 2/95, LTC-96 PA 9/96, LTC-96 PA 6/98, LTC-98FR PA 6/98, LTC-96CL PA 9/96, NH-99 PA 4/99, NH-99FR PA 4/99, LTC2000 PA 4/00, LTC-02 PA, BSC-02 PA, LTC-02FR PA and BSC-02FR PA. The increase will only apply to policies without the simple or compound inflation riders. The increase will affect 3,298 Commonwealth policyholders.
Unless formal administrative action is taken prior to October 25, 2012, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) web site at www.insurance.pa.gov. Under the tab ''How to Find . . .'' click on the link ''PA Bulletin.''
A copy of the filing is also available for public inspection, by appointment, during normal working hours at the Department's regional office in Harrisburg.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, email@example.com within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
[Pa.B. Doc. No. 12-1570. Filed for public inspection August 10, 2012, 9:00 a.m.]
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