(Bloomberg) — It's not just your spouse who thinks you really should be jogging more. Now it's your life insurer, too.
Manulife Financial Corp.'s John Hancock Life Insurance will discount premiums by as much as 15 percent for policy holders who track and perform well on metrics such as daily exercise, annual health screenings and flu shots, the company said Wednesday in a statement. New customers will also receive a Fitbit Inc. fitness tracker to monitor their every step.
"We want to make life insurance more immediate and relevant in the daily lives of our policyholders and help them connect their financial well-being to their long-term health," John Hancock President Michael Doughty said in the statement.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
