Ethos

Who Is Ethos Best Suited for?

Since it offers two types of life insurance, term, and whole life, this company is suitable for anyone from 20 to 85. For people beyond 65, Ethos can be an excellent choice because the application process for whole life insurance is as fast and simple as the one for term insurance, and medical exams aren’t required either. You can get approved in minutes regardless of your health state. 

Everyone enjoys a fast and easy online application process, which makes Ethos a good option for people in a rush to get coverage. You can get approved the same day. Most importantly, you won’t waste time with medical exams or blood tests as this company doesn’t require them.

Ethos Features

Ethos is a transparent, fast, and convenient online life insurance provider. Its term life insurance policies are available for people between 20 and 65. The whole life insurance covers people between 65 and 85. The term of an Ethos insurance policy can vary; you can choose options from 10 to 30 years. The coverage amount also varies between $20K and $2 million based on the type of policy you choose.

The insurance policies are backed by some of the biggest companies in the field, such as Legal & General America, Ameritas Life Insurance Corp, AAA Life, and TruStage®.

Ethos Highlights 

This carrier offers affordable and flexible term policies, as well as whole life insurance. You can customize your coverage to suit your current budget and choose between 10 to 30-year coverage. The company offers insurance for a vast audience. You can benefit from term insurance if you are 20 to 65. Those aged between 65 and 85 can qualify for guaranteed issue whole life insurance.

Ethos offers a streamlined life insurance application process. To get a quote and apply for a policy, you only need around 10 minutes. You can get access to coverage the same day you apply.

Ethos also offers an intuitive life insurance calculator to help you determine the approximate amount of coverage you need. The company also provides a 30-day money-back guarantee.

How It Works – Application Process

Generally, you shouldn’t spend more than 10 minutes completing the online insurance application process. To decide whether to apply for Ethos insurance or not, you can first get a quote. For this, you will have to provide a few details, including your age, gender, Zip Code, estimated credit, and whether you smoke or not. This life insurance provider requires no medical exams or blood tests.

After your application is approved, you can get coverage even on the same day. If, for any reason, you decide to cancel your Ethos policy, you can do this free of charge for up to 30 days, thanks to the company’s money-back guarantee rule. You will get a full refund if you cancel your policy within the first 30 days. If you cancel afterward, you won’t get a refund, but you will not have to pay cancellation fees either.

Types of Policies and Terms

Ethos offers two types of insurance policies, which is already a plus, given that most online life insurance companies only provide term insurance.

With Ethos, you can get term life insurance or guaranteed issue whole life insurance. The term insurance length is customizable. You can choose from 10, 15, 20, or 30-year terms. Two extra features that accompany these insurance options include:

·         Guaranteed renewable

·         Guaranteed level premiums

Term life insurance is available for anyone between 20 and 65. The benefit amounts are a minimum of $20,000 and can reach a maximum of $2,000,0000. No matter what term you choose, your coverage will be accompanied by level premiums. So, you will pay the same amount for your premiums throughout your chosen term length. The benefits amount, product type, and eligibility requirements depend on each insurance carrier. If you pass away during the term period, your family will get support. As your beneficiaries, they will receive cash payments.

Whole life insurance works similarly. However, there are differences, especially in terms of price. The premiums can remain constant and even accrue cash. What you should keep in mind, however, is that they cost more. As the issuer explains on its website, they can cost five to 15 times more.

The Ethos whole life insurance policy is available for people aged 66-85, and the benefits amounts range from $1,000 to $30,000. This insurance policy also has guaranteed level premiums, so your rate will not fluctuate as long as you make timely payments. The death benefit for family members can become available as soon as the beneficiary dies, especially in case of accidental death, or after 2-3 years.

How Safe Is It

The Better Business Bureau rated Ethos A+. Ethos has a good rating of 4.6 out of 5 stars on Trustpilot. It also enjoys an excellent rating of 4.8 out of 5 stars on Google. These ratings prove that this company’s customers are usually satisfied with the products and services Ethos offers. The insurance policies are backed by some of the biggest and most renowned companies in the insurance field, such as Ameritas Life Insurance Corp., Legal & General America, AAA Life, and TruStage®.

Ethos was featured by Forbes, Fortune, TechCrunch, Business Insider, and CNBC.

Help and Support

You can contact Ethos by phone ((415) 915-0665) or email. There is also an FAQ page where you can learn more about how this service works.

Ethos at a Glance

Ethos is an online life insurance provider that offers coverage between $20K and $2 million. The company provides both term and whole life insurance for people between 20 and 85. The application is 100% online, and no medical exams are required for none of the two insurance types.

The advantage of using Ethos as a whole life insurance provider is that the application and approval process is as fast as the one used for term insurance. Regardless of your medical history, you can apply in minutes and get approved the same day. This carrier also guarantees financial benefits for your family members if you pass away.   

Physical Address

5001 Plaza on the Lake

Suite 305

Austin, TX 78746

Disclaimer

This website contains information about various life insurance companies. It is designed to provide help and guidance. Different details included in our revies, such as prices or insurance terms, may change over time. The information provided on this website does not constitute legal or professional advice, and our readers should not treat it as such.

Why We Chose Ethos

We chose Ethos for its accessibility, transparency, and ease of use. Most importantly, we chose this provider because it is one of the few online insurance carriers that makes it easy even for people beyond 65 to get life insurance.