“We are very excited to have the ability to supply our John Hancock Vitality life insurance coverage options to clients in New York, whether or not they need insurance coverage to guard their households, to economize to assist with retirement or school, or for property planning,” stated Michael Doughty, president, John Hancock Insurance. “With the Vitality program, we’ve reimagined life insurance so it’s relevant, rewarding and engaging for our policyholders as we support their pursuit of a longer, healthier life. We also appreciate all the efforts by the New York Department of Financial Services in making this offering a reality.”
When they buy a John Hancock Vitality life insurance coverage coverage, policyholders instantly start accumulating “Vitality Points” by way of their on a regular basis healthy actions, similar to strolling or exercising, shopping for healthy food and getting common examine-ups. The variety of Vitality Points policyholders earn over the course of a yr determines their program standing degree. The more healthy their way of life, the extra factors they will accumulate and the extra vital the financial savings might be on their premiums, and the larger the rewards.
To study extra about John Hancock Vitality merchandise, go to www.JHRewardsLife.com.
About John Hancock Financial and Manulife
John Hancock Financial is a division of Manulife, a number one Canada-based monetary providers group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of corporations provides shoppers a various vary of monetary safety merchandise and wealth administration providers by way of its in depth community of staff, brokers and distribution companions. Assets beneath administration and administration by Manulife and its subsidiaries have been $934 billion (US $718 billion) as at June 30, 2016. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and underneath ‘945’ on the SEHK. Manulife might be discovered on the Internet at manulife.com.
The John Hancock unit, by means of its insurance coverage corporations, includes one of many largest life insurers in the United States. John Hancock gives and administers a broad vary of monetary merchandise, together with life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and different types of enterprise insurance coverage. Additional details about John Hancock could also be discovered at johnhancock.com.
The Vitality Group is a member of Discovery Ltd., a worldwide monetary service group providing an incentive-based mostly wellness program to employers as a part of their advantages program. With a basis based mostly on actuarial science and behavioral financial concept, Vitality encourages modifications in way of life that scale back health care prices, each within the brief run and long run, by rewarding members for addressing their particular health points. Vitality wellness packages serve corporations in a variety of sizes and industries, enhancing people’ health and wellbeing in addition to employers’ backside strains.
Vitality brings a worldwide perspective via profitable partnerships with giant employers and greatest-in- class insurers around the globe, in nations together with the United States, Canada, the United Kingdom, South Africa, China and extra just lately Singapore, Australia, the Philippines, Thailand and Malaysia. Additional info may be discovered at www.thevitalitygroup.com.
Insurance merchandise are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.
Vitality is the supplier of the John Hancock Vitality Program in reference to insurance policies issued by John Hancock.
Premium financial savings are compared to the identical John Hancock coverage with out the Vitality program. Annual premium financial savings will differ based mostly upon coverage sort, the phrases of the coverage, and the extent of the insured’s participation within the John Hancock Vitality program.
Vitality Rewards and reductions might differ based mostly on the kind of insurance coverage coverage bought and are solely obtainable to the individual insured underneath the eligible life insurance coverage coverage. Rewards and reductions are topic to vary and are usually not assured to stay the identical for the lifetime of the coverage.
HealthyFood financial savings are based mostly on qualifying purchases and should range based mostly on the phrases of the John Hancock Vitality program.
To view the unique model on PR Newswire, go to:http://www.prnewswire.com/news-releases/john-hancock-vitality-life-insurance-that-rewards-customers-for-healthy-living-now-available-in-new-york-300350517.html
SOURCE John Hancock Financial