It s increasingly popular to wear a fitness tracker that measures your footsteps, heart rate or body

It s increasingly popular to wear a fitness tracker that measures your footsteps, heart rate or body movements. Now, the life insurance company John Hancock is offering deal if you ll wear one: 15% off in some cases.
The company unveiled its optional, new program resort hotels eastern cape sa Wednesday morning. John Hancock is partnering with Vitality, resort hotels eastern cape sa which many people resort hotels eastern cape sa probably know as one of those work-related wellness resort hotels eastern cape sa programs. The program is available in 30 states.
If you sign up for this, John Hancock will send you a free Fitbit monitor. That s a tiny, pill-shaped device that some people wear in sleek-looking bracelets to track how far they walk/run, the calories burned, and the quality of sleep.
We re introducing a whole new approach for life insurance that rewards and recognizes people for healthy resort hotels eastern cape sa living, said Mike Doughty, John Hancock s president, at a presentation in New York City on Wednesday.
That s based on data from independent insurance agents at Trusted Choice. Industrywide, resort hotels eastern cape sa the average resort hotels eastern cape sa cost of a $500,000 term life insurance policy for a 65-year-old, non-smoking man is $611. It s slightly cheaper for women of the same age, so the savings are smaller.
First, the pendulum swings both ways. If you don t exercise that tracker will rat you out and you ll lose the discount. Trackers are simply a way for insurance companies to more accurately judge you. And as they get more accurate (measuring cholesterol, blood sugar levels), so will the judgment.
Second, that personal data your heart rate, preferred exercises, what gym you visit and when ends up on insurance company computers. And these databases are a target for hackers, who steal this information and sell it on the black market to identity thieves and fraudsters.
This past winter, insurance giant Anthem was hit by massive data breach when hackers snuck into its computers. Shortly after that, the large American insurer Premera revealed that hackers broke into its computer systems too and that of Vivacity, resort hotels eastern cape sa a work wellness resort hotels eastern cape sa partner.