UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-K/A

               |X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                            FOR THE FISCAL YEAR ENDED
                                DECEMBER 31, 2001
                          COMMISSION FILE NO. 333-45862

                       JOHN HANCOCK LIFE INSURANCE COMPANY
             (Exact name of registrant as specified in its charter)

               MASSACHUSETTS                                 04-1414660
      (State or other jurisdiction of                     (I.R.S. Employer
      incorporation or organization)                     Identification No.)

                               John Hancock Place
                                   PO Box 0111
                           Boston, Massachusetts 02117
                                 (617) 572-6000
  (Address, including zip code, and telephone number, including area code, of
                   Registrant's principal executive offices)

           SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each class                    Name of each exchange on which registered

                                      NONE
 ------------------------------------------------------------------------------

           SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
                                      NONE
 ------------------------------------------------------------------------------
                                (Title of class)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports) and (2) has been subject to such filing
requirements for the past 90 days. Yes |X| No |_|

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [X] Not Applicable.

The registrant meets the conditions set forth in General Instructions I(1)(a)
and (b) of Form 10-K and is therefore filing this Form 10-K with reduced
disclosure format.

At March 1, 2002 there were outstanding 1,000 shares of common stock, $10,000
par value per share, of the registrant, all of which were owned by John Hancock
Financial Services, Inc.

<PAGE>

                                EXPLANATORY NOTE

This Form 10-K/A is being filed to include in the Form 10-K filed on March 28,
2002 a conformed signature inadvertently omitted.

SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

                                   JOHN HANCOCK LIFE INSURANCE COMPANY


                                   By:      /s/Thomas E. Moloney
                                            --------------------
                                            Thomas E. Moloney
                                            Senior Executive Vice President and
                                            Chief Financial Officer
                                   Date:    March 25, 2002


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed by the following persons in the capacities and on the dates
indicated.


SIGNATURE                     TITLE                               DATE

/s/David F. D'Alessandro      Chairman, President,                March 25, 2002
------------------------      Chief Executive
David F. D'Alessandro         Officer and Director
                              (Principal Executive Officer)

/s/Thomas E. Moloney          Senior Executive Vice President     March 25, 2002
--------------------          and Chief Financial Officer
Thomas E. Moloney             (Principal Financial and
                              Accounting Officer)


/s/Wayne A. Budd              Executive Vice President,           March 25, 2002
------------------            General Counsel and Director
Wayne A. Budd

/s/John M. Connors, Jr.       Director                            March 25, 2002
------------------------
John M. Connors, Jr.

/s/Robert E. Fast             Director                            March 25, 2002
------------------
Robert E. Fast

/s/Kathleen Foley Feldstein   Director                            March 25, 2002
---------------------------
Kathleen Foley Feldstein

/s/Nelson S. Gifford          Director                            March 25, 2002
--------------------
Nelson S. Gifford

/s/Thomas P. Glynn            Director                            March 25, 2002
------------------
Thomas P. Glynn

<PAGE>

/s/Michael C. Hawley          Director                            March 25, 2002
--------------------
Michael C. Hawley

/s/Edward H. Linde            Director                            March 25, 2002
--------------------
Edward H. Linde

/s/Judith A. McHale           Director                            March 25, 2002
-------------------
Judith A. McHale

/s/R. Robert Popeo            Director                            March 25, 2002
------------------
R. Robert Popeo

/s/Richard F. Syron           Director                            March 25, 2002
-------------------
Richard F. Syron

/s/Robert J. Tarr, Jr.        Director                            March 25, 2002
----------------------
Robert J. Tarr, Jr.

/s/Foster L. Aborn            Director                            March 25, 2002
------------------
Foster L. Aborn

/s/John M. DeCiccio           Director                            March 25, 2002
-------------------
John M. DeCiccio

<PAGE>

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Form 10-K/A to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                    JOHN HANCOCK LIFE INSURANCE COMPANY


                                    By:     /s/Thomas E. Moloney
                                            ----------------------
                                            Thomas E. Moloney
                                            Senior Executive Vice President and
                                            Chief Financial Officer

                                    Date:   April 18, 2002