John Hancock Life Insurance Co. of New York Separate Account B

03/04/2026 | Press release | Distributed by Public on 03/04/2026 14:18

Updating Summary Prospectus (Form 497VPU)

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

SEPARATE ACCOUNTS A AND N

JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK

SEPARATE ACCOUNT B

Supplement dated March 4, 2026 to the Statutory Prospectuses and

Updating Summary Prospectuses dated April 28, 2025

This Supplement is intended for distribution with the Statutory Prospectuses and Updating Summary Prospectuses (each a "Prospectus") dated April 28, 2025 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. This Supplement must be preceded or accompanied by the Prospectus for your policy. Please retain it for future reference. This Supplement applies to the following policies:

Corporate VUL 03

Survivorship VUL

Corporate VUL 04

VUL Accumulator

EPVUL

VUL Protector

SPVL

Portfolio Reorganization

The purpose of this Supplement is to notify of a portfolio reorganization. At its meeting held from December 9-11, 2025, the Board of Trustees for the John Hancock Variable Insurance Trust ("JHVIT") approved a plan of reorganization for vote by affected policyowners. If the plan of reorganization is approved by policyowners, the reorganization will occur at the close of business on or about April 24, 2026 ("Reorganization Date"). On the Reorganization Date, the following "Acquired Portfolio" will be reorganized into the "Acquiring Portfolio":

Acquired Portfolio

Acquiring Portfolio

American International Trust - Series I

Disciplined Value International Trust - Series I

As a result, after April 24, 2026, the Portfolio corresponding to Disciplined Value International Trust - Series I replaces the Portfolio corresponding to American International Trust - Series I and you will not be able to allocate your policy value or any premiums to the American International - Series I Portfolio. Any policy value or premium allocated to the American International - Series I Portfolio will be allocated to the Disciplined Value International - Series I Portfolio.

Please note the following information regarding the Reorganization:

●

For forty-five (45) days before the Reorganization Date, you may make a one-time transfer of any or all policy value allocated to the Acquired Portfolio to any other Variable Investment Option available under your Policy without the transfer counting against the monthly transfer limit.

●

For forty-five (45) days after the Reorganization Date, you may transfer any policy value allocated to the Acquiring Portfolio to any Variable Investment Option available under your Policy without the transfer counting against the monthly transfer limit.

●

A transfer request may be made through our website at JohnHancock.com/lifeaccount, by sending in a transfer request form, or by telephone at 800-732-5543.

●

The Acquiring Portfolio will replace the Acquired Portfolio in any standing allocation instructions that you have on file. If you are currently enrolled in a dollar cost averaging or asset allocation balancer program and have designated an amount to be transferred monthly into the Acquired Portfolio, after the Reorganization Date, that amount that you

have designated to the Acquired Portfolio will be transferred to the Acquiring Portfolio. You should work with your investment professional to determine if your existing allocation instructions should be changed before or after the Reorganization Date.

You should read this supplement together with the prospectus for the Policy 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 03/2026

333-85284

333-71136

333-85296

333-33504

333-100567

333-88748

333-100597

333-88972

333-100664

John Hancock Life Insurance Co. of New York Separate Account B published this content on March 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 04, 2026 at 20:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]