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Title : Dealers Insurance - Major Life Insurance Provider Wants Customers To Wear Tracking Devices
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Dealers Insurance - Major Life Insurance Provider Wants Customers To Wear Tracking Devices

Major Life Insurance Provider Wants Customers To Wear Tracking Devices

John Hancock, one of the largest life insurance providers in the nation, will soon only sell “interactive” life insurance policies that give the insured the option to wear a tracking device. The tracking device will monitor fitness and health data on the insured, according to the company.

John Hancock is a subsidiary of Canada’s Manulife Financial Corp. first began allowing for “interactive policies” in 2015. Now, the change will go global across all of the company’s policies. This means all customers will have the option to be tracked.

John Hancock’s Interactive life insurance is already widely used across Britain and South Africa.

The policy utilizes data to offer insured people premium discounts for “better fitness.” The policy will allow Fitbits and Apple Watches the tracking capacity to realize exercise goals. It will also allow for the logging of food purchases.

John Hancock believes the new program is a modern way to incentivize improved health behavior.

But the downsides are plentiful.

Tracking Consumers Often Goes Nowhere Good

 

Health data is vital personal data that could allow an insurance company to target people based on their potential for profits. While I’m not privy to John Hancock’s terms of service and privacy policy, one can’t overlook the potential for selling data to the highest bidders.

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Hackers Could Exploit Our Data

Additionally, hacking concerns should not be understated. Apple Watches and Fitbits use cellular and wireless networks and offer an opportunity for cybercriminals.

The Path To Human Slavery

A further concern is the general concept of humans being further enslaved by both technology and corporations. A major life insurance company issuing monitoring devices to its customers is the very epitome of privacy confiscation.

As it stands, John Hancock is merely one of a number of life insurance providers. That said, it isn’t beyond the realm to believe that other life insurance and health insurance companies may move to such a platform. Monitoring and tracking customers are the holy grail of revenue funneling.

The chance by John Hancock isn’t a forced deviation from their traditional plans, but assuming the new onboarding goes well, it is difficult to imagine tracking won’t turn into the default.

source : https://prepforthat.com/john-hancock-tracking-fitness-diet/

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