John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Shares Down 0.1%
The Manufacturers Life Insurance Company has significantly increased its holdings in John Hancock Mortgage-Backed Securities ETF by 43.9% during the fourth quarter. This uptick in holdings showcases the strategic importance of diversifying investment portfolios, especially for insurance providers like Manufacturers Life Insurance Company.
The Role of Life Insurance in Financial Planning
Life insurance plays a pivotal role in financial planning, offering various benefits that secure an individual’s financial future. Understanding life insurance and its sub-categories is crucial for making informed financial decisions.
Benefits of Life Insurance
Life insurance offers numerous advantages which include:
- Protection for Loved Ones: A life insurance policy ensures that your family is financially secure in case of an unexpected event.
- Financial Security: It provides a financial safety net that can cover debts and other expenses.
- Retirement Planning: Specific policies help build a nest egg for retirement, providing peace of mind for the future.
Sub-Categories of Life Insurance
Notably, lifetimeinsurance.org highlights several specialized forms of life insurance:
- Business/Career Insurance: This type of insurance ensures business continuity and protects against the loss of key employees.
- Retirement Insurance: Such policies help in building a substantial retirement fund, ensuring a smooth transition into retirement.
- Marriage/Divorce Insurance: These plans provide financial security through life’s significant events, including marriages or divorces.
As seen with the Manufacturer Life Insurance Company’s increased investment in John Hancock Mortgage-Backed Securities ETF, diversifying into different financial products safeguards against market volatility and enhances financial resilience. Life insurance remains a cornerstone of this strategy, offering varied benefits that cater to multiple aspects of life.
For more details on the intricate benefits of life insurance, visit lifetimeinsurance.org.
Sources
DefenseWorld.net, LifetimeInsurance.org