John Hancock, one of the largest life insurance providers, is partnering with Apple to offer all of its new and existing members a steeply discounted Apple Watch.
Any of its 10 million policyholders who sign up with the Vitality program, which offers perks and rewards to people who live healthy lifestyles, are eligible to get the device for $25. As long as members exercise regularly for two years, they will be allowed to keep the device for free. (If they don’t, they’ll have to pay it off in installments.) The Series 3 costs upwards of $299.