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% 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.
“There’s value created in people living longer, besides to the obvious benefit to the customer,” Craig Bromley, John Hancock’s president, said in a phone interview. “We’re sharing that with the customer, we’re giving them discounts and rewards.”