Innovative New Insurance Program Provides Rewards for Living a Healthy Life
The New Year always brings with it a plethora of new resolutions to enable us to seek new opportunities by adding ways to live a better, happier, or healthier life. Even insurance companies are finding ways to take on new approaches to do this by creating policies to save money and earn rewards by living a healthy life. One of these companies, John Hancock, has partnered with a global company, Vitality, to integrate wellness benefits with a life insurance product- a step that could very well transform the life insurance industry.
Vitality has an established mission of building healthier societies throughout the world. With more than 18 years of experience and over 3.4 million members globally, this company offers an innovative and evidence-based approach to deliver high levels of engagement, sustained results, and top-quality data by offering an interactive personalized platform for individual members. It encourages positive, sustained behavior change by offering a combination of knowledge, access to health and well–being partners, and incentives that increase a participant’s level of engagement.
How does this program work? Members begin with an online health review that identifies their relative risk factors and provides them with their “Vitality age,” a scientifically calculated representation of their risk–adjusted age. These factors make it simple for members to understand the impact their current behaviors may have on their health. The program then rewards them for living well and making healthy improvements to their lifestyle.
Members earn points for healthy behaviors ranging from gym visits to preventative screenings. The more points they earn, the higher their status, which can translate into as much as 15% premium savings on their life insurance along with other great rewards and discounts.
So, in 2023, why not resolve to try an innovative new approach by being healthy, wealthy and wise? Now is an opportune time to reevaluate your insurance portfolio to see if this innovative program would benefit you:
- Reliable protection for you and your family,
- The opportunity to significantly lower your premiums, A personalized program that provides health goals, an assessment, and simple tips and
- Entertainment, shopping and travel rewards, discounts and even a complimentary smartwatch to help you track your progress.
Questions, comments, or concerns? Let our experienced insurance advisors help save you time and money. Contact us at: 561.689.1000 ext. 103
