Allstate Drivewise® Turns into the First Protected Driving Program Eligible for John Hancock Vitality Factors
BOSTON, Jan. 24, 2022 /PRNewswire/ – At this time, John Hancock, the US division of Toronto-based Manulife (NYSE: MFC), introduced that life insurance coverage prospects taking part within the John Hancock Vitality Program are eligible to obtain Vitality Factors for protected driving. John Hancock Vitality combines the monetary safety of life insurance coverage with a technology-enabled program that gives training, assist, incentives, and rewards designed to assist prospects dwell longer, more healthy lives.
Crash accidents are the eighth main explanation for loss of life globally for all age teams and the main explanation for loss of life for folks 5 to 29 years of age in accordance main well being sources.1 Within the U.S., motorcar deaths rose 18.4% within the first six months of 2021 over 2020, the most important variety of fatalities for a similar interval since 2006.2 Moreover, auto collisions are chargeable for greater than 4 million accidents yearly, lots of which have long-term well being impacts.3 Many of those deaths are preventable, as roughly 90 % of auto fatalities are resulting from driver error, with the majority of collisions motivated by extreme velocity, distracted driving, or alcohol impairment.4
“Providing incentives for protected driving is in direct alignment with our mission of serving to prospects dwell longer, more healthy lives,” stated Brooks Tingle, president and CEO of John Hancock Insurance coverage. “Preventative behaviors are on the core of the John Hancock Vitality program. We’re dedicated to supporting our prospects in proactively managing their bodily, psychological and monetary wellbeing – one thing that has turn into much more vital all through the final two years – and we’re proud to supply this new profit to boost these efforts.”
John Hancock Vitality members are eligible to earn 300 Vitality Factors per 12 months for attaining protected driver standing by means of a professional telematics protected driving program. Allstate’s Drivewise® is the primary protected driving program eligible for Vitality Factors, with different applications to be added sooner or later. The Drivewise protected driving device screens a member’s driving in real-time, together with protected velocity, braking, and driving occasions, to supply reductions. To qualify for Vitality Factors by means of Drivewise, members can submit proof of protected driving standing through an Allstate Drivewise money again reward electronic mail or a latest invoice from Allstate displaying the protected driving low cost.
“With Drivewise, prospects are rewarded for protected driving and obtain personalised suggestions to assist them establish and perceive protected driving habits,” stated David MacInnis, vp of telematics and usage-based insurance coverage at Allstate. “We’re thrilled to work with John Hancock to assist prospects lower your expenses for the good driving they do day-after-day.”
Because the launch of John Hancock Vitality in 2015, the corporate has repeatedly made enhancements to this system to raised meet prospects’ altering wants and expectations throughout bodily exercise, diet, psychological well being and extra. That is the most recent step in serving to prospects perceive how their day by day decisions might help assist their general well-being and longevity. At this time’s announcement additionally builds on John Hancock’s present relationship with Allstate. Final 12 months, John Hancock grew to become one in every of three carriers to supply its life insurance coverage merchandise by means of Allstate.
“Our rising collaboration with John Hancock provides Allstate prospects a wide range of life insurance coverage choices to assist defend their households and plan for his or her monetary futures,” stated Mary Nelson, president and CEO, Allstate Monetary Companies. “And with the additional advantage of Drivewise, John Hancock Vitality members can now earn even better financial savings and rewards.”
“We imagine a life insurance coverage firm is in a singular place to assist prospects dwell longer, more healthy lives, and by integrating protected driving rewards into our program, we will create a extra significant, partaking and rewarding expertise for our prospects,” added Mr. Tingle. “We’re excited to do that with Allstate as we work towards our shared aspiration to rework the {industry} by leveraging digital options that enhance the client expertise.”
Be taught extra in regards to the John Hancock Vitality Program here.
About John Hancock and Manulife
John Hancock is a unit of Manulife Monetary Company, a number one worldwide monetary companies supplier that helps folks make their choices simpler and lives higher by offering monetary recommendation, insurance coverage, and wealth and asset administration options. Belongings below administration and administration by Manulife and its subsidiaries have been CAD $1.4 trillion (US $1.1 trillion) as of September 30, 2021. Manulife Monetary Company trades as MFC on the TSX, NYSE, and PSE, and below 945 on the SEHK. Manulife might be discovered at manulife.com.
One of many largest life insurers in america, John Hancock helps greater than ten million Individuals with a broad vary of monetary merchandise, together with life insurance coverage and annuities. John Hancock additionally helps US buyers by bringing main funding capabilities and retirement planning and administration experience to people and establishments. Further details about John Hancock could also be discovered at johnhancock.com.
About Vitality
Guided by a core objective of creating folks more healthy, Vitality is the chief in bettering well being to unlock outcomes that matter. By mixing industry-leading good tech, knowledge, incentives and behavioral science, we encourage wholesome adjustments in people and their organizations. As one of many largest wellness firms on the planet, Vitality brings a dynamic and various perspective by means of profitable partnerships with probably the most forward-thinking insurers and employers. Greater than 20 million folks in 31 markets have interaction within the Vitality program. For extra info, go to vitalitygroup.com or observe us on Twitter and LinkedIn.
Vitality is the supplier of the John Hancock Vitality Program in reference to insurance policies issued by John Hancock. John Hancock Vitality Program rewards and reductions are solely out there to the individual insured below the eligible life insurance coverage coverage, are topic to vary and should not assured to stay the identical for the lifetime of the coverage.
Insurance coverage insurance policies and/or related riders and options will not be out there in all states.
Insurance coverage merchandise are issued by: John Hancock Life Insurance coverage Firm (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance coverage Firm of New York, Valhalla, NY 10595.
John Hancock Vitality protected driving program isn’t out there in New York.
About Allstate
The Allstate Company (NYSE: ALL) protects folks from life’s uncertainties with a circle of safety together with vehicles, houses, digital gadgets, advantages and identification theft. Merchandise can be found by means of a broad distribution community together with Allstate brokers, unbiased brokers, main retailers, on-line and on the office. Allstate is extensively recognized for the slogan “You are in Good Palms with Allstate.”
MLINY011022207-1
SOURCE John Hancock Insurance coverage
