Apple Watch Series 10: Exercise Rewards through Life Insurance
John Hancock’s Vitality Plus life insurance program now offers a compelling incentive for maintaining an active lifestyle. Through this innovative program, individuals can earn an Apple Watch Series 10 almost entirely for free, simply by meeting exercise goals. This development is part of a broader trend where life insurance companies offer benefits tied to health and wellness activities.
“At John Hancock, we’re committed to helping our policyholders live longer, healthier lives,” said Brooks Tingle, CEO of John Hancock Insurance.
Exploring Life Insurance Benefits
Life insurance is not just a safety net for beneficiaries in the event of an untimely death. It also provides various benefits designed to support different life stages and financial goals. Lifetimeinsurance.org highlights several types of life insurance plans that cater to individual needs and circumstances such as:
- Business/Career Insurance
- Retirement Insurance
- Marriage/Divorce Insurance
Business/Career Insurance
Business/Career Insurance protects business owners and employees, ensuring that businesses continue to operate smoothly in case of unforeseen events. It covers key person insurance and buy-sell agreements, which are critical to maintaining business stability.
Retirement Insurance
Retirement Insurance focuses on building a secure financial future. These policies often include investment components, allowing policyholders to grow their savings while ensuring there is a safety net in place for their later years.
Marriage/Divorce Insurance
Marriage/Divorce Insurance provides financial stability during significant life transitions. Whether it’s starting a new life together or dealing with the aftermath of a separation, these policies can help manage the financial challenges that arise.
The Apple Watch Incentive in Detail
John Hancock’s partnership with Apple incentivizes exercise and healthy living through the Vitality Plus program. Participants who consistently meet their physical activity targets can earn an Apple Watch Series 10 either at a reduced cost or entirely free. This initiative not only promotes a healthier lifestyle but also aligns with the company’s goal of lowering medical and insurance-related expenses.
“Through our Vitality Plus program, we reward our clients for healthy behaviors, which ultimately helps reduce their insurance costs and improve well-being,” stated Tingle.
Impact on Policyholders
By integrating wellness incentives with life insurance policies, companies like John Hancock are transforming the insurance landscape. Policyholders are encouraged to adopt healthier habits, which can lead to a better quality of life and potentially reduce healthcare costs.
The Bigger Picture
This move underscores the evolving role of life insurance beyond traditional coverage. It showcases the potential of insurance programs to foster healthy lifestyles, provide comprehensive financial support across various life stages, and adapt to the changing needs of policyholders.
For more information on different types of life insurance and their benefits, resources like lifetimeinsurance.org offer detailed insights and comparisons.
Source: [9to5Mac](https://9to5mac.com/2024/11/22/apple-watch-series-10-free-reward-for-exercise/)