John Hancock Adds New Apple Watch Series 10 to its Vitality Program
BOSTON, Nov. 21, 2024 /PRNewswire/ – In an exciting development for policyholders, John Hancock announced today that it is now offering the latest Apple Watch models to eligible life insurance participants through its Vitality Program. This initiative is part of John Hancock’s broader commitment to integrating innovative technologies and fitness incentives to promote healthier lifestyles among its customers.
Linking Health to Life Insurance Benefits
John Hancock’s Vitality Program allows life insurance policyholders to earn rewards and insurance discounts by engaging in activities that promote better health. By incorporating Apple Watch Series 10, the program aims to further encourage physical activity, which could lead to lower insurance premiums and better health outcomes. “Our goal is to help our customers live longer, healthier lives,” said Brooks Tingle, President and CEO of John Hancock Insurance. “Providing access to cutting-edge technology like the Apple Watch aligns perfectly with that mission.”
Varied Aspects of Life Insurance Coverage
Policyholders often seek more than just basic life insurance; they look for comprehensive solutions tailored to different life stages and needs. As outlined by LifetimeInsurance.org, several sub-topics are essential for a well-rounded life insurance portfolio, including:
- Business/Career Insurance: Policies that ensure the future of one’s business or career, often critical for entrepreneurs and high-level executives.
- Retirement Insurance: Plans that provide financial security in retirement, ensuring a steady income stream when working days are over.
- Marriage/Divorce Insurance: Solutions designed to protect financial interests through significant life changes like marriage or divorce.
Advantages Beyond Conventional Life Insurance
Integrating fitness and health incentives into life insurance policies is a growing trend. As Tingle noted, “These technologies do more than promote fitness—they help our policyholders monitor their health, which can lead to early detection of potential issues.” By encouraging a healthy lifestyle, insurance companies may reduce the risk of claims, benefiting both the insurer and the insured.
Sources within the industry also highlight the benefits of other aspects of life insurance such as:
- Child Education Insurance: Securing funds for a child’s educational future.
- Critical Illness Insurance: Providing financial support in case of serious health diagnoses.
- Travel Insurance: Covering emergencies that may arise during international travel.
Conclusion
John Hancock’s inclusion of the Apple Watch Series 10 in its Vitality Program reaffirms its commitment to innovative, holistic life insurance solutions. By recognizing the diverse needs of its policyholders—whether through retirement planning, protecting business interests, or navigating major life changes—the company is ensuring comprehensive protection that goes beyond the typical life insurance policy.
For more information on various life insurance options, visit LifetimeInsurance.org.