John Hancock has announced the expansion of its Apple Watch program to include the recently announced Apple Watch Series 6 and Apple Watch SE for life insurance customers participating in the John Hancock Vitality Program, which rewards customers for the everyday things they do to live longer, healthier lives.
Beginning this fall, John Hancock Vitality PLUS members can earn an Apple Watch Series 6 or Apple Watch SE for as little as US$25 plus tax by exercising regularly, according to Brooks Tingle, president and CEO of John Hancock Insurance.
To date, the Apple Watch has been an extremely popular and effective component of the John Hancock Vitality Program, with 85% of all Apple Watch program members reporting their Apple Watch motivates them to exercise, Tingle adds. In a study of 400,000 people in the U.S., UK and South Africa, RAND Europe concluded that those who wore an Apple Watch and participated in the Vitality Active Rewards benefit program averaged a 34% sustained increase in physical activity compared to participants without an Apple Watch. That’s the equivalent of 4.8 extra days of activity per month.
Beyond encouraging physical activity, the latest Apple Watches will provide John Hancock Vitality customers with additional insights into their health and wellness. The Apple Watch Series 6 features a new Blood Oxygen app, ECG app and Always-On Retina display. Both Apple Watch Series 6 and Apple Watch SE feature high and low heart rate notifications, irregular heart rhythm notifications, and handwashing detection to promote good hand hygiene.Vitality 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 zilch with regular exercise. Learn more about John Hancock Vitality and how customers can earn an Apple Watch through the program here.