Sovereignty and Honour

While I enjoyed many of the points Hobbes lays out in Chapters XVIII-XXI and XXIX there were certainly elements that I found problematic. Chief among my concerns is the lack of a focus on the dignity of the individual human person.  Granted, within the framework established by Hobbes, a focus on individuality isn't beneficial, but it still seems troubling that the only right a citizen has is to his or her physical body (and even then, it's complex).  Hobbes makes the point in Of the Rights of Sovereigns by Institution that "...the honour of the sovereign ought to be greater than that of any or all the subjects.  For the sovereignty is the fountain of honor" (117).  It is probably a reflection of my societal and political socialization, but it seems to me that the sovereign derives his or her power form the individuals who compose the commonwealth and not the other way around.