Beginning this fall, John Hancock Vitality PLUS members can earn an Apple Watch Series 7 for as little as $25 plus tax by exercising regularly.
“Now more than ever, people are increasingly cognizant of their baseline health and mortality,” said Brooks Tingle, president and CEO of John Hancock Insurance. “Wearables have the ability to help customers maintain or improve their health, and in some cases, we’ve even seen that this technology has the ability to save lives. That’s why we’re excited to continue offering our Vitality customers the latest personal health technology on the market with the new Apple Watch this fall.”
The Apple Watch Series 7 has the largest display screen and durability in Apple history and can now measure blood oxygen levels with a revolutionary sensor and app. Users can also take an ECG anytime, check their heart rate as well as other health monitoring innovations like mindfulness and sleep tracking to help with full body wellness.
To date, the Apple Watch has been an extremely popular and effective component of the John Hancock Vitality Program. In a recent survey of John Hancock Vitality members with an Apple Watch, 85 percent stated they are motivated to exercise by their Apple Watch and 92 percent wear an Apple Watch every day, or almost every day. Additionally, John Hancock Vitality members with an Apple Watch are:
- 18% more likely to complete advanced workouts than other device users within the program
- At least 7% more likely to earn Vitality Points for meditation than other device users
- More likely to achieve Platinum Status than any other device user, earning more rewards and premium savings
“We’ve seen the tremendous impact our Vitality program can have on an individual’s health, whether they are far along on their wellness journey or just getting started,” continued Tingle. “We believe it’s important for life insurers like us to play a role in helping our customers along on this journey to living longer, healthier lives.”
Today’s announcement follows new research by Vitality and RAND Europe that found an average 15% increase since 1990 in the number of years people will spend in ill health over their lifetimes, from 8.5 years to 9.8 years, which equates to approximately 18% of the average lifespan. The research shows even modest behavior change can materially reduce health risk over time and improve an individual’s healthspan. For example, an average 30-year-old man could increase his healthspan by 1.5 years just by introducing 20 minutes of vigorous exercise a day.3 John Hancock Vitality provides members with the resources, tools, education and technology – coupled with incentives and rewards – that can help an individual see improvements in their overall health and healthspan.
Vitality PLUS customers who take part in the Apple Watch program make an initial payment of $25 plus tax. The remaining balance of their Apple Watch is divided into monthly payments over the course of two years. Monthly payments can be reduced to as little as $0 with regular exercise. The more a customer exercises each month, the more they can reduce their monthly payment. The Vitality Points earned toward an Apple Watch can also lead to additional rewards and discounts, including savings on life insurance premiums.
