Olde Hornet
Well-Known Member
John Hancock Life Insurance Now Rewards Fitness Tracker Use
https://www.pcmag.com/news/363866/john-hancock-life-insurance-now-requires-a-fitness-tracker
Maintaining your health and fitness throughout life is tough, and the incentives for doing so don't compare to the instant gratification of grabbing a chocolate bar and flopping on a couch to watch an entire boxset. But what if staying healthy saved you money and earned discounts and cheap gadgets? That's what John Hancock is offering with its revamped life insurance policies.
The 156-year-old insurance company decided that all life insurance policies it offers going forward will require the policyholder to use a fitness tracker to ensure they are maintining a healthy lifestyle.
The traditional life insurance policy is gone, replaced with a policy linked to a wellness solution called Vitality offered by the Vitality Group. The idea here is that both the customer and the insurance company benefit from encouraging a healthy lifestyle. The policyholder is encouraged to be healthier in return for smaller premiums, rewards, and better health. John Hancock gets customers who should live longer and suffer less expensive ailments.
https://www.pcmag.com/news/363866/john-hancock-life-insurance-now-requires-a-fitness-tracker
Maintaining your health and fitness throughout life is tough, and the incentives for doing so don't compare to the instant gratification of grabbing a chocolate bar and flopping on a couch to watch an entire boxset. But what if staying healthy saved you money and earned discounts and cheap gadgets? That's what John Hancock is offering with its revamped life insurance policies.
The 156-year-old insurance company decided that all life insurance policies it offers going forward will require the policyholder to use a fitness tracker to ensure they are maintining a healthy lifestyle.
The traditional life insurance policy is gone, replaced with a policy linked to a wellness solution called Vitality offered by the Vitality Group. The idea here is that both the customer and the insurance company benefit from encouraging a healthy lifestyle. The policyholder is encouraged to be healthier in return for smaller premiums, rewards, and better health. John Hancock gets customers who should live longer and suffer less expensive ailments.