A. The John Hancock Term with Vitality product is different from the regular Term as it has a Vitality component. A personal Vitality works with the client for this product. There is a crediting system in place where the client can qualify for rewards and lower premiums. See product guides below for how the product works and pays off to the client. John Hancock starts this product with every client gets an Apple Watch for $25. This way for every day they take 2000 steps or more, they earn more opportunities. See attached info for the program and watch.
This product has been a huge hit on the market now. Clients can lower their monthly rates by staying healthy and active. They can also track everything for their rewards and how they are doing through the John Hancock app for the Vitality program. This product is especially attractive to younger clients who want to stay healthy and have their Life Insurance rates be based on real time data.