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SCOR’s Biological Age Model Sven Ebert
It is an offer for people to live a healthier life, engage with their insurance company and get rewarded for making healthy choices.
At the same time, people are more interested in their own health. We see that health consciousness is de nitely increasing. For example, healthy diet choices are now more abundant. More- over, people are prepared to share their health data – as long as they see they get something in exchange for it. Over- all, to us, it seems to be a fair conclu- sion that people are ready to embrace lifestyle changes and have a greater desire to live healthier.
BAM is one of our answers to this growing trend. It is an o er for people to live a healthier life, engage with their insurance company and get rewarded for making healthy choices.
Based on our research, we identi ed a correlation between the number of steps and mortality. High numbers of daily steps decrease mortality by up to
72
On average globally, a baby born today can expect to live to 72 years.
30% and morbidity by 15%. In other words, we found actuarial proof, that a healthier lifestyle leads to a longer, healthier life. The way we communi- cate this is by using the term “Biologi- cal Age”.
Let’s look at an example. Let’s say your physical age is 42 and therefore your mortality according to a standard mor- tality table is 1 per mille. You do enough steps to have a 20% decrease of your mortality. Then your actual mor- tality is 0.8 per mille. Now we look back to the mortality table and see that 0.8 per mille is the mortality of a person being 39 years of age physically. So, while your physical age is 42 your Bio- logical Age is 39. By being active, you have decreased your age by 3 years and should pay a premium for a 39-year- old, not a 42-year-old. The premium you save is given back to you either
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