This App Will Actually Grow Your Life Insurance!
Been struggling to stick to a routine? Has watching just ‘one more episode’ of your favourite TV series kept you out of sleep and in turn hindered your exercise habits? It’s time to change that. And, thanks to the new partnership between Samsung South Africa, 1Life, LifeQ and VeoSens, it’s super easy to get back on track.
The partnership has given birth to a world-first life insurance eco-system – 1Life Pulse, designed to help you improve your life habits for good.
1Life Pulse is a sophisticated lifestyle monitor and management system that tracks and guides heart, activity, and sleep – monitoring your overall wellbeing.
This is an absolute game-changer for South Africans as it checks two very important boxes: health and finance. Every time qualifying policyholders choose to get a little extra sleep or go for a walk, for example, they could grow their life cover by up to R216 per day, or up to R6 560 per month, starting from day one. Over two years, they can grow their additional life cover by up to R200 000, as they grow their wellbeing. This product is an innovative approach that taps into the latest trends in life insurance while making a lasting difference where it matters most.
Smart partnerships with killer benefits
Clearly, when imaginative companies work together, they can create evolutionary change in an unexpected way. Samsung choose wisely when it collaborated with LifeQ for the first commercial launch of VeoSens – a wearable-based, fully integrated insurance and health management solution developed in partnership with Samsung and Hannover Re. The aim is to bring life insurance, technology, and science together in a simple way, providing consumers with attainable, dynamic, long-term value for making better choices regarding their wellbeing.
Samsung is always evaluating strategic partnerships that not only bolster the Galaxy ecosystem but, more importantly, deliver an unrivalled user experience coupled with exceptional consumer benefits. The electronics giant, therefore, saw an opportunity to provide both an intelligent healthcare solution and greater value to consumers seeking to enhance their lives. The aim is to use technology with the potential to transform lives – from both a healthcare technology and long-term life insurance perspective.
The fact is health tech is an exciting and rapidly growing market, as wearables and sensors become more advanced, more affordable, and more prevalent in our everyday lives. The partners in this ground-breaking collaboration can now use the power of technology to reshape the life insurance landscape by launching state-of-the-art technology that is set to usher in a new age in long-term insurance technology.
Get a Samsung Galaxy Watch Active 2
All qualifying new 1Life policyholders that take out cover for R1 million or more, can choose to receive a Samsung Galaxy Watch Active 2, chipped against their 1Life policy number. The Galaxy Watch Active2 now comes with a bigger customisable screen and fresh new look. It gives you precise health insights when you need it while keeping you fully connected. Whether you are out for a run or pushing through your next deadline the Galaxy Watch Active2 will keep you at your optimal performance inside and out.
In the wearables space, low-frequency measurements based on annual and episodic data such as nurse and fitness instructor visits, combined with basic continuous activity data, is used. With 1Life Pulse, however, VeoSens provides a real-time snapshot of one’s overall wellbeing which allows users to see the impact of simple lifestyle changes.
LifeQ’s solutions are based on industry-leading computational systems biology, and by modelling the body’s physiological systems and how they interact with each other. LifeQ provides four custom Health Scores for Heart, Activity, Sleep and Fitness. These scores provide users with a real understanding of their current state of health and wellbeing and the influence of changes in lifestyle and behaviour – beyond merely counting steps and gym visits.
And now, by simply downloading and activating the VeoSens App by Samsung and LifeQ, you can start growing your life insurance. In fact, as soon as you take up cover, you earn an immediate R50 000 towards your life cover! From there, each time the Galaxy Watch Active2 is strapped on, you can grow your additional life cover in two ways; 50% by simply monitoring your activities and another 50% by making positive changes.
The 1Life Pulse product powered by your Galaxy Watch Active2 helps you realise that even the smallest lifestyle changes can make a difference to your wellbeing and simultaneously grow your life insurance cover. This is a great example of companies partnering to reshape an entire industry and make a meaningful difference our lives.