![]() This decrease in premiums is within your control as it is calculated based on the amount of physical activity that you do on a monthly basis. As a very rough estimate, if you would expect to receive standard / regular premiums on your life insurance, you can potentially reduce your premiums to a preferred status (lower monthly premiums compared to a regular policy). Subscribers to the Vitality program have the ability of receiving discounted life insurance premiums. In other words, there is no detriment to your life insurance coverage by purchasing the Vitality option. If you purchase $1,000,000 of life insurance from Manulife, add the Vitality option and then subsequently pass away, the $1,000,000 of benefit is paid the same whether or not you had the Vitality option on your policy. Manulife Vitality does not impact the underlying life insurance or the conditions for the coverage. Watch the video Introducing Manulife Vitality What Vitality Isn’t The watch will track your physical activity and provide you with Vitality Points which are used for your Vitality Rewards. ![]() You can choose a Garmin vivofit 4 for free or upgrade to an Apple Watch (starting at $0 and the price increases depending on what Apple Watch you choose). Once you have signed up, you are able to choose a smart watch that is used to track your physical activity. Once the policy is approved and you have accepted your policy, you are given the option to sign up online with Vitality to create your account. You submit an application for term life insurance (product options are listed above) with Manulife and add the option for Manulife Vitality to the policy. ![]() This is a standard feature which most term life insurance policies offer and is available with Manulife Vitality. It also provides the option to convert your term life insurance policy to a permanent Manulife life insurance product. The option to add Vitality to your Manulife life insurance policy costs an extra $2.00 per month and is currently available on coverage amounts of $500,000 to $20,000,000. Manulife Vitality combines a term life insurance product with the opportunity for clients to earn rewards and save on their monthly premiums, all while improving their overall health.
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