John Hancock to offer rewards to holders who achieve health goals

CEO of John Hancock
CEO of John Hancock Financial Services Marianne Harrison. Photo: Dina Rudick/The Boston Globe via Getty Images.

John Hancock, one of the largest North American life insurers, will only sell policies that include the tracking of fitness and health data through wearable devices and smartphones, the company said on Wednesday.

The details: The company's underwriting process will still exist, but all policies will include the wellness program, called Vitality. Policyholders will be rewarded with discounts on their premiums and gift cards to popular stores when they achieve goals in a points system.

Apple Watches, Fitbit could see price hikes from Trump's tariffs

An employee helps a customer set up his newly purchased Apple Watch. Photo: Eric Thayer/Getty Images

Apple Watches, Fitbits, and Sonos speakers — built in China — are among the plethora of products likely to be hit with 10% tariffs through Trump's additional $200 billion in Chinese tariffs, Reuters reports citing government rulings.

Why it matters: The tech companies that could be hit with tariffs could also raise prices on some of their most popular products, Reuters explains, noting that phones and laptops have so far escaped damage from the proposed tariffs.