Latest SEC Filing by John Hancock Tax Advantaged Dividend Income Fund Highlights the Growing Importance of Life Insurance
The recent filing of SEC Form N-CSRS by the John Hancock Tax Advantaged Dividend Income Fund has brought attention to the significant role life insurance plays in various aspects of financial planning. Among the investments detailed in the report, insurance-related assets accounted for a notable portion, underscoring why life insurance is becoming a cornerstone of personal and business financial strategies.
Key Benefits of Life Insurance
Life insurance not only provides essential financial protection for families but also offers a range of benefits and specialized policies tailored to different life stages and events. Lifetimeinsurance.org categorizes these benefits into several key areas, including:
• Business/Career Insurance: This type of insurance is essential for business owners and professionals. It provides financial stability and ensures that businesses can continue to operate smoothly in the event of an unexpected loss of a key person.
• Retirement Insurance: These policies are designed to ensure a steady income stream during retirement. They often come with investment options that can help grow wealth over time, providing a more secure and comfortable retirement.
• Marriage/Divorce Insurance: Life changes such as marriage or divorce can significantly impact financial responsibilities. Tailored life insurance policies can help manage these transitions, ensuring that all parties are financially protected.
Other aspects covered by life insurance include child education funding, debt repayment, and estate planning. These comprehensive benefits underline the versatility and necessity of incorporating life insurance into one’s personal and professional financial strategies.
Detailed Insights from SEC Filings
According to the latest SEC filing, insurance investments are diversified within the John Hancock Tax Advantaged Dividend Income Fund’s portfolio. For instance, Markel Group, Inc. is highlighted with its significant contributions, noting its performance of 6.000% to 6-1-25 and then transitioning to a 5 Year CMT. Such investments are a testament to the robustness and reliability of the insurance sector.
“The strong presence of insurance investments in our fund portfolio highlights our commitment to securing stable, long-term returns for our investors,” a spokesperson from John Hancock was noted saying.
Sources
Quantisnow – SEC Form N-CSRS filed by John Hancock Tax Advantaged Dividend Income Fund
This evolving financial landscape and the increasing reliance on life insurance for diverse financial needs illustrate the critical role it plays in both individual and business financial planning. With institutions like John Hancock and platforms like Lifetimeinsurance.org emphasizing its benefits, life insurance continues to be a pivotal element in securing financial futures.