Wearable insurance devices free of charge
A plan that is as cheap as healthy.
Vitality insurance will be cheaper... if you wear it on your wrist and move your body.
In the future, we will stop using conventional life insurance and switch to interactive life insurance which can measure exercise and health condition in all wearable terminals.
A fitness tracker is distributed to people who join for free, and if you do "normal workout" (10,000 to 14,999 steps per day) 20 points, "hard workout" (15,000 steps per day) 30 points will be accumulated. In addition, even points such as regular checkup, purchase of health food, gym, etc. are accumulated as a point, returned to the enjoyment of benefits such as meals and travel, and insurance fees become discount.
This system of Vitality Group is popular also in Britain, South Africa and so on, and it seems that the person who enters this is longer than the person who is in other life insurance on the whole world averaging 13 to 21 years on average.
Since it is a system with insurance premiums raised as insomnia. This Vitality was introduced as an option from 2015, and momentum "Standard Plan" that self-declares on application and site, and "Expansion Plan" which can receive benefits by premiums up to 15% cheaper if exercising with wearable and watched the state.
Subscribers walked nearly twice as average as Americans, and the activity logs exceeded 3 million such as walks, swimming, bicycles by Marianne Harrison, president, and CEO, CNBC
It is surprising to say, you can earn points 2 times! if you think that insurance will be cheaper, then footwear will be lighter, yes. For insurance companies, everyone living long and healthy living long, it is better to continue paying until dead forever, it is reasonable to say that the benefits of getting healthy are a nice win-win with revenue sharing.
Besides life insurance, these trackers is spreading rapidly now, according to Verisk Analytics, by 2020 it is estimated that up to 90% of the cars will be connected cars with black boxes and so on.
The era when insurance premiums are decided. Now the era of insurance that insurance premiums always fluctuate with personal real-time raw data.
