The Impact of Life Insurance on Science & Technology Trust Shareholders

Shareholders Weigh in on Science & Technology Trust Approval

Shareholders of the Science & Technology Trust (the “Fund”), a series of John Hancock Variable Insurance Trust (the “Trust”), are being asked to approve a significant proposal that could impact the direction of their investments.

The Proposal: A Step Towards Securing the Future

Life insurance is not just about covering the immediate aftermath of an unfortunate event; it’s about planning for the future, ensuring stability, and securing peace of mind. The Science & Technology Trust’s proposal aims to enhance the portfolio options for its investors, helping them safeguard their financial future more effectively. This aligns with the multifaceted benefits of life insurance.

Key Benefits of Life Insurance

Life insurance offers numerous benefits that align with the objectives of the shareholders of the Trust:

  • Business and Career Insurance: Ensures that business ownership or career impacts don’t derail an individual’s financial security in times of crisis. Lifetimeinsurance.org emphasizes the importance of this coverage for professionals and entrepreneurs.
  • Retirement Insurance: Provides a steady income stream for retirees, helping them maintain their lifestyle and cover healthcare costs post-retirement.
  • Marriage and Divorce Insurance: Assists in mitigating financial complications that arise during major life transitions such as marriage or divorce, ensuring stability and continuity.
  • Other Aspects: Overall, life insurance can cover various other essential aspects such as children’s education, paying off debts, and providing lump sum benefits to beneficiaries.

Expert Insights

According to an expert at lifetimeinsurance.org, “Life insurance plays a pivotal role in financial planning. The approval of the proposal by the Science & Technology Trust would provide added security to shareholders, aligning with the core values of prudent financial management that life insurance embodies.”

The shareholders’ decision will be crucial in determining the future trajectory of the Fund, affecting not just immediate returns but the long-term financial security of its investors. This move is a forward-thinking step towards aligning investment strategies with comprehensive life insurance benefits, helping individuals and their families attain greater financial stability and peace of mind.

Sources

  • Form DEF 14A JOHN HANCOCK VARIABLE For: Oct 01 – StreetInsider. [Link to source](https://www.streetinsider.com/SEC%2BFilings/Form%2BDEF%2B14A%2BJOHN%2BHANCOCK%2BVARIABLE%2BFor%253A%2BOct%2B01/23592676.html)
  • Lifetimeinsurance.org – Benefits of Life Insurance (Business/Career Insurance, Retirement Insurance, Marriage/Divorce Insurance).
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