Garmin has cooperated with France-based life reinsurance company SCOR Global Life to help life insurance companies in Taiwan collect biometric data from their clients via smart wearable devices to deliver underwriting insight.

The collected real-time biometric data and Garmin's big data are integrated into SCOR Global Life-developed BAM (biological age model) and BAM's algorithm can calculate individuals' biological age which reflects mortality and illness risks. Based on biological age, life insurance companies can reduce risks and offer competitive policy pricing.

This won't be "insurance" , it will be just scam business. And this guys 100% will start selling this same data to other businesses.