Vaccination Max PayBack
Considering our commitment to get clients vaccinated against COVID-19 and improving health outcomes for all, Discovery Life became the first insurer globally to incentivise vaccination through product design. By getting vaccinated against COVID-19, clients guaranteed their maximum applicable premium PayBack of up to 100% of their first year’s premiums. Resulting upfront vaccination questions have allowed us to improve underwriting and risk management.
For no additional premium, the unique PayBack benefit embodies Shared-value by returning a portion of premiums in cash. Value is created and shared when clients actively manage their health, as measured through engagement with other Discovery products, such as the Vitality wellness program…