John Hancock Life Insurance Co Of New York Separate Account B
Filed: 9 Dec 08, 12:00am
John Hancock Financial Services
197 Clarendon Street, C-1
Boston, Massachusetts 02116
(617) 572-0313
Fax: (617) 572-9161
E-mail: kciccarelli@jhancock.com
Kimberly Ciccarelli
Assistant Vice President and Senior Counsel
US Insurance Law
VIA EDGAR
December 9, 2008
Sally Samuel, Esq.
Division of Investment Management
Office of Insurance Products
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549-4644
| Re: | John Hancock Life Insurance Company of New York Separate Account B |
| File Nos. 811-8329, 333-153253 |
| Pre-Effective Amendment No. 1 |
| Majestic VCOLIX |
Dear Ms. Samuel:
Conveyed herewith via EDGAR for filing under the Securities Act of 1933 (“1933 Act”), pursuant to Rule 101(a)(2)(i) of Regulation S-T, is Pre-Effective Amendment No. 1 to the Form N-6 Registration Statement of John Hancock Life Insurance Company of New York Separate Account B (“Registrant”) relating to certain variable life insurance policies offered by John Hancock Life Insurance Company of New York (“Depositor”).
The above-referenced registration statement relates to the Majestic VCOLIX (“MVCOLIX”) product. The purpose of this filing is to incorporate SEC Staff comments to the initial registration statement (filed with the Staff on August 29, 2008 Accession No. 0001193125-08-187502) and, as applicable, comments received on the correspondence filing for the non-NY version of the MVCOLIX product (filed with the Staff on November 12, 2008, Accession No. 000193125-08-233513), add exhibits and financial statements previously omitted, and to otherwise complete the filing.
Fee Tables – Replacement Fee
Please revise the disclosure for the maximum rate, minimum rate and rate for the representative insured person in footnote #3 for the Replacement Fee to include the Total Face Amount.
RESPONSE:As per our discussion, footnote #3 incorrectly states that the Replacement Fee Calculation Limit varies by the Total Face Amount elected at issue. We have revised footnote #3 to remove this reference as indicated below. Similarly, we have also revised the Replacement Fee disclosure under the “Deductions from policy value” section of the prospectus. Thank you for brining this to our attention.
“The Replacement Fee Calculation Limit varies by the issue age and sex of the insured person.”
State Variation Language
Please remove references to other state variations from the prospectus.
RESPONSE: The Registrant has complied with this request.
Part C – Reinsurance Agreements
Please file all reinsurance agreements related to the contract in actual form as they are required by Item 26(g) of Form N-6.
RESPONSE: There are no related reinsurance agreements for this contract.
Tandy Comment
The Registrant acknowledges and agrees that:
| • | should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing; |
| • | the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the fund from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and |
| • | the fund may not assert this action as defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
Request for Acceleration
Pursuant to Rule 461 under the Securities Act of 1933 and on behalf of the Registrant and the Principal Underwriter, we hereby request an order to accelerate the effectiveness of the above-referenced amendment to December 9, 2008 or as soon as possible thereafter. The Registrant and its Principal Underwriter have authorized us to hereby state to the Commission on their behalf that they are aware of their obligations under the Securities Act of 1933.
If you have any questions about the enclosed documents, please call me at (617)-572-0313. Thank you.
Sincerely,
/s/Kimberly S. Ciccarelli
Enclosure