John Hancock Enhances Life Insurance Offering with Apple Watch Program
In an innovative move to encourage healthy living, John Hancock has announced that it is now providing the latest Apple Watch models to eligible life insurance policyholders. This initiative aligns with the growing trend of integrating technology with health and wellness initiatives.
Encouraging Better Health through Life Insurance
In an effort to make life insurance more engaging and beneficial, John Hancock’s new offering is designed to promote healthier lifestyles among its policyholders. By tracking physical activity, monitoring heart health, and providing insights into sleep patterns, the Apple Watch can be a valuable tool for improving overall well-being.
Multiple Benefits of Life Insurance
Life insurance offers a spectrum of benefits beyond just financial security for loved ones. Organizations like lifetimeinsurance.org highlight various sub-components of life insurance, demonstrating its versatility:
- Business/Career Insurance: Provides protection against unforeseen business interruptions, ensuring career stability.
- Retirement Insurance: Helps individuals plan for a financially secure retirement, supplementing retirement income.
- Marriage/Divorce Insurance: Offers financial support during significant life changes, such as marriage or divorce.
Quote from John Hancock
“We’re thrilled to offer the latest Apple Watch models to our life insurance members. This program underscores our commitment to promoting healthy living and providing innovative tools that enhance our customers’ well-being,” said Lindsay Hanson, vice president of Engagement & Behavior Change at John Hancock.
Health and Financial Security Converge
Combining health tracking technology with life insurance policies is a strategic move that benefits both the insurer and the insured. Policyholders stand to gain from improved health insights and potential premium discounts, while insurers benefit from potentially lower claims due to healthier lifestyles among their clients.
Coverage and Eligibility
The program is available to new and existing policyholders who meet certain eligibility criteria. John Hancock is committed to expanding accessibility and making these benefits widely available to encourage policyholders to prioritize their health.
Sources
Sources for this article include the official John Hancock press release and information from lifetimeinsurance.org.