One Drop has partnered with John Hancock to bring you John Hancock Vitality Life Insurance. It's a new kind of life insurance that helps you protect your family, while offering rewards and savings for the everyday things you do to live healthy. Get a free quote today!1
When you purchase a life insurance policy with the John Hancock Vitality Program, you can earn Vitality Points for the everyday things you do to stay healthy, like walking the dog, getting regular check-ups and eating well. The more Vitality Points you earn, the greater your Vitality Status (Silver, Gold, or Platinum). And the higher your status, the more you can save (up to 15%2), and the greater your rewards. You can even choose a fitness device to help get you started on your journey to a longer, healthier life!
It’s the simplest type of life insurance you can buy. It protects your family for a set term (or period of time, like 10, 15, 20 years). You decide how long you want to be covered, and how much money your family would need if something happened to you during that time.
Think about the financial commitments your family would face without you. Would they be responsible for paying the mortgage or putting kids through college? Would they need full-time help with young children at home, or would older parents need assistance? Could they cover immediate expenses, like monthly bills and funeral costs?
Many people underestimate the amount of coverage they need. As a general rule, you’ll want to plan for an amount that’s equal to 5-10x your income.
Most people do. If you have loved ones who depend on your income now or may in the future — a spouse, children, elderly parents — you’ll want to protect them from financial hardship if they have to go on without you.
Even if you already have life insurance, it’s a good idea to update your coverage from time to time, and especially after major life events like getting married, buying a home or having a child.