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

03/04/2026 | Press release | Distributed by Public on 03/04/2026 14:11

Prospectus by Investment Company (Form 497)

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 March 4, 2026 to the Statutory Prospectuses,

Updating Summary Prospectuses, and Initial Summary Prospectuses,

dated April 28, 2025

This Supplement is intended for distribution with the Statutory Prospectuses, Updating Summary Prospectuses, and Initial Summary Prospectuses, as applicable, (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:

Accumulation Survivorship Variable Universal Life 2020

Majestic Variable Universal Life 98

Accumulation SVUL

Majestic VCOLIX

Accumulation Variable Universal Life

Majestic VULX

Accumulation Variable Universal Life 08

Medallion Executive Variable Life

Accumulation Variable Universal Life 2014

Medallion Executive Variable Life II

Accumulation Variable Universal Life 2019

Medallion Executive Variable Life III

Accumulation Variable Universal Life 2021

Medallion Variable Universal Life Edge

Accumulation Variable Universal Life 2021 Core

Medallion Variable Universal Life Edge II

Accumulation Variable Universal Life 2025

Medallion Variable Universal Life Plus

Accumulation Variable Universal Life 2025 Employer Market

Performance Executive Variable Life

Corporate VUL

Performance Survivorship Variable Universal Life

Corporate VUL 05

Protection SVUL

Corporate VUL 08

Protection Variable Universal Life

Majestic Accumulation Variable Universal Life 2019

Protection Variable Universal Life 09

Majestic Accumulation Variable Universal Life 2021

Protection Variable Universal Life 2012

Majestic Performance Survivorship Variable Universal Life

Protection Variable Universal Life 2017

Majestic Performance Variable Universal Life

Protection Variable Universal Life 2021

Majestic Survivorship Variable Universal Life 2020

Protection Variable Universal Life 2023

Majestic Survivorship VULX

Simplified Life

Majestic Variable COLI

Variable Estate Protection

Majestic Variable Estate Protection

Variable Estate Protection Edge

Majestic Variable Estate Protection 98

Variable Estate Protection Plus

Majestic Variable Universal Life

Variable Master Plan Plus

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 for 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 NAV

As a result, after April 24, 2026, the Portfolio corresponding to Disciplined Value International Trust - Series NAV 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 NAV 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 333-233647 333-131134 333-238712 333-164162
333-124150 333-233648 333-132905 333-126668 333-164164
333-131299 333-236446 333-141693 333-152409 333-164163
333-141692 333-236447 333-148992 333-164150 333-164165
333-148991 333-248502 333-151631 333-164151 333-164166
333-151630 333-254210 333-152407 333-164152 333-164167
333-152406 333-254211 333-152408 333-164153 333-164168
333-153252 333-265436 333-153253 333-164156 333-164169
333-157212 333-266659 333-157213 333-164154
333-179570 333-281927 333-179571 333-164155
333-193994 333-281928 333-193995 333-164171
333-194818 333-127543 333-235396 333-164173
333-217721 333-131139 333-235397 333-164161
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 20:11 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]