Hancock John Variable Life Account Uv/

12/12/2024 | Press release | Distributed by Public on 12/12/2024 15:59

Prospectus by Investment Company (Form 497)

JOHN HANCOCK VARIABLE LIFE ACCOUNT UV 333-164167

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.)

SEPARATE ACCOUNTS A, N, S, U, AND UV

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK

SEPARATE ACCOUNT B

Supplement dated December 12, 2024 to the Statutory Prospectuses,

Updating Summary Prospectuses, and Initial Summary Prospectuses,

dated April 29, 2024

Changes to Variable Investment Options

This Supplement is intended for distribution with the Statutory Prospectuses, Updating Summary Prospectuses, and Initial Summary Prospectuses, as applicable, (each a "prospectus") dated April 29, 2024 for variable life insurance contracts issued by John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York, as applicable. The affected prospectuses belong to the following policies:

Accumulation Survivorship Variable Universal Life 2020

Majestic VCOLIX

Accumulation SVUL

Majestic VULX

Accumulation Variable Universal Life

Medallion Executive Variable Life

Accumulation Variable Universal Life 08

Medallion Executive Variable Life II

Accumulation Variable Universal Life 2014

Medallion Executive Variable Life III

Accumulation Variable Universal Life 2019

Medallion Variable Universal Life Edge

Accumulation Variable Universal Life 2021

Medallion Variable Universal Life Edge II

Accumulation Variable Universal Life 2021 Core

Medallion Variable Universal Life Plus

Corporate VUL

Performance Executive Variable Life

Corporate VUL 03

Performance Survivorship Variable Universal Life

Corporate VUL 04

Protection SVUL

Corporate VUL 05

Protection Variable Universal Life

Corporate VUL 08

Protection Variable Universal Life 09

EPVUL

Protection Variable Universal Life 2012

eVariable Life

Protection Variable Universal Life 2017

Majestic Accumulation Variable Universal Life 2019

Protection Variable Universal Life 2021

Majestic Accumulation Variable Universal Life 2021

Protection Variable Universal Life 2023

Majestic Performance Survivorship Variable Universal Life

Simplified Life

Majestic Performance Variable Universal Life

SPVL

Majestic Survivorship Variable Universal Life 2020

Survivorship VUL

Majestic Survivorship VULX

Variable Estate Protection

Majestic Variable COLI

Variable Estate Protection Edge

Majestic Variable Estate Protection

Variable Estate Protection Plus

Majestic Variable Estate Protection 98

Variable Master Plan Plus

Majestic Variable Universal Life

VUL Accumulator

Majestic Variable Universal Life 98

VUL Protector

Changes to Current Expenses

Effective on or about December 12, 2024, there is a reduction in "Current Expenses" for the JHVIT Disciplined Value International Trust and JHVIT Health Sciences Trust in the "Appendix: Portfolios Available Under the Contract" section of the prospectus. Refer to the Appendix in your policy prospectus for the appropriate series applicable to your policy.

Accordingly, the "Current Expenses" of the JHVIT Disciplined Value International Trust and JHVIT Health Sciences Trust Series NAV portfolios are deleted in the "Appendix: Portfolios Available Under the Contract" section of each prospectus and replaced with the following:

Investment Objective

Portfolio and Adviser/Subadviser

Current
Expenses
Average Annual Total
Returns
(as of 12/31/23) (%)
1-Year 5-Year 10-Year

To seek long-term growth of capital.

Disciplined Value International Trust - Series NAV

John Hancock Variable Trust Advisers
LLC/Boston Partners Global Investors, Inc.

0.77 %* 20.05 8.47 3.10

To seek long-term capital appreciation.

Health Sciences Trust - Series NAV

John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.

0.86 %* 4.26 10.56 10.94
*

This portfolio's annual expenses reflect temporary fee or expense waivers or reimbursements.

The "Current Expenses" of the JHVIT Disciplined Value International Trust and JHVIT Health Sciences Trust Series I portfolios are deleted in the "Appendix: Portfolios Available Under the Contract" section of each prospectus and replaced with the following:

Investment Objective

Portfolio and Adviser/Subadviser

Current
Expenses
Average Annual Total
Returns
(as of 12/31/23) (%)
1-Year 5-Year 10-Year

To seek long-term growth of capital.

Disciplined Value International Trust - Series I

John Hancock Variable Trust Advisers
LLC/Boston Partners Global Investors, Inc.

0.82 %* 19.96 8.42 3.05

To seek long-term capital appreciation.

Health Sciences Trust - Series I

John Hancock Variable Trust Advisers
LLC/T. Rowe Price Associates, Inc.

0.91 %* 4.25 10.52 10.89

You should read this supplement together with the prospectus for the contract you purchased and retain both documents for future reference.

Prior to making any investment decisions, you should carefully review your product prospectus and all applicable supplements. In addition, you should review the prospectuses and applicable supplements for the underlying portfolios that we make available as investment options under the policies. The prospectuses describe the investment objectives, policies and restrictions of, and the risks relating to, investment in the portfolios. In the case of any of the portfolios that are operated as feeder funds, you should also review the prospectus for the corresponding master fund. If you need to obtain additional copies of any of these documents, please contact your representative or contact our Service Office at the address or telephone number on the back page of your product prospectus.

VLI ProdSupp VL 12/2024

333-85284 333-233647 333-141693 333-152409 333-100567
333-124150 333-233648 333-148992 333-164150 333-164161
333-131299 333-236446 333-151631 333-164151 333-164162
333-141692 333-236447 333-152407 333-164152 333-164164
333-148991 333-248502 333-152408 333-164153 333-164163
333-151630 333-254210 333-153253 333-164156 333-164165
333-152406 333-254211 333-157213 333-164154 333-164166
333-153252 333-265436 333-179571 333-164155 333-164167
333-157212 333-266659 333-193995 333-164171 333-164168
333-179570 333-127543 333-235396 333-164173 333-164169
333-193994 333-131139 333-235397 333-164174 333-85296
333-194818 333-131134 333-238712 333-88748 333-88972
333-217721 333-132905 333-126668 333-71136 333-33504
333-100597 333-100664