In the News: Technology Incentives for Purchasing Policies
USA Today released an article about a new trend of insurance providers offering discounted technology when you purchase a policy. They specifically referenced John Hancock, offering Apple Watches for $25 when you enroll in a life insurance policy. Under the stipulation that you exercise regularly for two years, then you can keep the device, and if not you will be required to pay for the watch in installments. That’s a hefty price to pay if you don’t meet your exercise goal. Apple Watches can run from around $300 and up.
They said that Apple has started to partner with insurance[…]
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