Samsung, 1Life & LifeQ Partner to Launch New Life Insurance Program
Samsung South Africa, 1Life and Life Q have partnered to launch its first life insurance ecosystem, 1Life Pulse.
Launched at a webinar on 2 July, the product is backed by the Galaxy Watch Active2 and VeoSens app technology and enables consumers to grow their life insurance cover, by making better choices.
1Life Pulse is a sophisticated lifestyle monitor and management solution that tracks and guides heart, activity and sleep – monitoring overall wellbeing.
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.
Every time you choose to get a little extra sleep or go for a walk, for example, you’re likely to grow your life cover by up to R216 per day, or up to R6 560 per month, starting from day one.
Over two years, policyholders can grow their additional life cover by up to R200 000, as they grow their wellbeing.
Laurence Hillman, CEO of 1Life says while COVID-19 has created barriers, there are other ways to keep active.
“We can’t all be athletes or go to the gym, especially now with social distancing – but we can all do the activities of ‘life’ well and this is what the 1Life Pulse product and eco-system encourages.”
Kagiso Khaole, Head of Content and Services at Samsung South Africa says the partnership with 1Life enables the company to demonstrate its vision of a connected lifestyle to even more South Africans.
“Our lives have changed in many ways over the last few years and how we manage our wellness technology needs to evolve to support this new paradigm. At Samsung, we are always looking for strategic partnerships that not only bolster the Galaxy ecosystem but, more importantly, deliver an unrivalled user experience coupled with exceptional consumer benefits.”
By simply downloading and activating the VeoSens application, consumers can start growing their life insurance. In fact, as soon as they take up cover, they earn an immediate R50 000 towards their life cover.