Wiegers Financial & Insurance Planning Services Ltd provides expert financial planning services to business owners and individuals like you. Our role is to help you make the most of your assets to achieve both short and long-term goals efficiently. In our latest article, we explain Manulife Vitality, a new approach to life insurance.

women looking at health rate on smart watch before working out wiegers financial and benefits logo in cornerWhat Is Manulife Vitality?

Manulife Vitality combines insurance with a health and wellness program, offering clients enticing rewards for embracing an active lifestyle. Members gain access to a wide array of wellness options, preventive measures, and incentives from popular retailers. Moreover, they can lower their annual insurance premiums.

The Manulife Vitality program is available with select policies that rewards you for your overall health and improvements you make towards your health. With Manulife Vitality, You can earn Vitality Points™ through walks, workouts, bike rides – anything that gets you active and can be recorded with a wearable device. You can also earn points through meditation, getting a vaccine, dental checkups and online courses. And that’s just the tip of the iceberg! You can turn those points into rewards like gift cards, discounts on popular brands like HelloFresh, GoodLife Fitness and Expedia™ – and savings on a wearable device.

They are also partnered with many great companies, so you can qualify for discounts on things like hotel stays with Expedia, Hellofresh boxes, wearable fitness devices, Amazon Prime memberships, and much more!

Manulife Vitality operates on a personalized level, accommodating clients regardless of their initial health status or activity level. It represents a dynamic, progressive model applicable to everyone, irrespective of their starting point. While its design is sophisticated and data-driven, its interface remains remarkably simple and engaging for consumers. Individuals are prompted to make healthy choices through everyday activities and are rewarded accordingly.

The Results?

The key question is: Does Manulife Vitality truly deliver results? The unequivocal answer is yes.

Statistics show the program’s effectiveness:

  • 11% of members reduced their BMI
  • 23% improved their cholesterol levels
  • 28% improved their glucose level
  • 29% lowered their blood pressure
  • 82% of members express satisfaction with the program, which continues to rise annually.couple walking tracking points for Manulife vitality

So, when should someone get this policy? Yesterday! But seriously, your insurability and health can change in the blink of an eye. Most people need life insurance, no matter how big or small, so obtaining insurance coverage is a good idea. there are benefits for clients of all ages to obtain life insurance.   With that said other life events could trigger a need for insurance, purchasing a new house, growing your family through marriage or kids, buying a secondary property, etc.

The Future Of Life Insurance

Vitality™ is leading the insurance industry in a great direction, empowering clients to take advantage of and improve their overall health and wellness. You get healthier – physically or emotionally – which means you reap the personal benefits of prioritizing your health. Then, you get all the bonuses and discounts with the Vitality™ policy. It’s a win-win!

I have Manulife Vitality myself and am such a big supporter of this. I try to be very intentional in keeping an active, healthy lifestyle, and the Vitality™ programs assist me with reaching my goals. And, like I said, most people need insurance, so buying a product that gives you so many benefits is excellent! I went to Europe last year and used the Expedia discounts to save $1000 total on two of my hotel bookings. When I returned from my travels, I knew I would be busy and jetlagged, so I used my HelloFresh discount to get discounted HelloFresh boxes sent to me so I wouldn’t have to have the stress of grocery shopping. Also, because I ordered an Apple watch through Vitality, I got points for all the steps I took while touring around. –Yvonne Larner, Operations, Compliance & Insurance Administrator, Wiegers Financial and Insurance Planning Services Ltd.

Give us a call! Our experienced advisors will review your situation to determine your insurance needs and provide some quotes that will fit your financial situation.

Source: https://www.insurancebusinessmag.com/ca/news/life-insurance/manulife-vitality–a-new-approach-to-life-insurance-436637.aspx