John Hancock insurance will make it mandatory to have an activity tracker, whether it be an iPhone, Apple Watch, or some other device.
The move by the 156-year-old insurer, owned by Canada’s Manulife, marks a major shift for the company, which unveiled its first interactive life insurance policy in 2015. It is now applying the model across all of its life coverage.
In the past it relied on a reward system for people who had an activity tracker, like gift cards.