“Vitality” program by Discovery, soon available in Australia

South African insurer, Discovery, will soon establish a joint-venture in partnership with the Australian life market leader “AIA Australia” and health insurer GMHB.

Called MyOwn, the new entity will essentially aim at duplicating “Vitality” program in Australia. The latter consists in collecting data regarding policyholders’ lifestyle (eating habits, regular medical check-ups, workout). Policyholders showing a healthy lifestyle will be entitled to insurance premium discounts.

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