| Pros | Cons |
|---|---|
| No-medical exam, easy-apply term life insurance from $200,000–$2 million. | Few riders or policy customization options. |
| Auto-approval, easy-apply whole life insurance up to $30,000. | |
| A+ rating from the BBB, with lifetime customer service. |
Available in 49 states, Ethos offers both term life and whole life insurance policies for adults ages 20 to 85. Applicants are never required to take a medical exam; in fact, it only takes about 10 minutes to apply online, with Ethos notifying most applicants of their approval status in seconds.
In general, we recommend Ethos because of its easy application, lock-in premium pricing, and commitment to lifetime customer service. Breaking down Ethos by policy, we specifically recommend Ethos term life insurance for younger Americans. Thanks to price lock, young policyholders will pay the same premium price as they age, saving them hundreds of dollars per year in would-be price jumps. For individuals ages 66 to 85, we recommend Ethos whole life insurance because applicants are guaranteed approval, regardless of medical history.
| Pros | Cons |
|---|---|
| No-medical exam, easy-apply term life insurance from $200,000–$2 million. | Few riders or policy customization options. |
| Auto-approval, easy-apply whole life insurance up to $30,000. | |
| A+ rating from the BBB, with lifetime customer service. |
Ethos offers two primary policies: term life insurance and whole life insurance. Before reading the policy details below, know that there are a few age-related restrictions regarding each policy:
With Ethos term life insurance, the policyholder is covered for the length of their term contract, while paying a monthly premium throughout the coverage. If the policyholder dies during their coverage, their friends and family members (called “beneficiaries” in the contract) receive a divided portion of the tax-free, lump-sum coverage amount.
Applicants can choose as much or as little coverage as they like, anywhere from $200,000 to $2 million, with term lengths lasting anywhere from 10 to 30 years.
Ethos offers applicants two styles of application for term life insurance, neither of which require an in-person medical exam:
Ethos Whole Life Insurance is designed for older adults who want to leave a guaranteed, tax-free trust to family members or friends. With whole life insurance, coverage never ends after a specific amount of time, meaning that coverage amount is guaranteed to go to a policyholder’s beneficiaries once they die (barring annulments).
Applicants can request coverage ranging from $1,000 to $30,000. Premium payments are locked-in, meaning pricing doesn’t change as the policyholder ages. Ethos also doesn't charge policyholders once they reach age 100, meaning that although your contract will stay active, you won't have to pay another premium ever again."
Ethos Whole Life insurance accepts every applicant and never requires a medical exam.
Ethos’s term life insurance policy covers the death of the policyholder under most circumstances during the life of the contract.
The contract may be annulled and coverage voided if:
Although not mentioned on Ethos’ website, policyholder deaths that are the result of a crime (e.g. drunk driving) are also not typically covered by life insurers.
Ethos mentions that they offer riders (i.e. insurance add-ons) for their various life insurance policies, but they do not provide details. Most life insurance riders alter a policyholder’s coverage in favorable ways to the policyholder. For example, an “accelerated death” rider enables policyholders to receive a portion of their coverage amount early if they are diagnosed with a chronic illness. To learn more about Ethos’ life insurance riders, we recommend you speak to an Ethos representative during the application process.
Ethos offers additional tools and add-ons for policyholders, some of which are free and some of which cost additional fees.
Ethos has a 4.82/5 rating on the Better Business Bureau, an A+, and is fully accredited. Ethos also has a 4.6/5 rating on Trustpilot (considered “Excellent”), with positive reviews praising Ethos’ easy-to-use website and application process.
Life insurance pricing changes from applicant to applicant. Underwriters base their pricing on a series of personal details, such as an applicant’s health, nicotine use, credit score, and other information.
The following sample pricing is based on an applicant who:
$500,000 Coverage
| Age | Amount | Policy | Female | Male | Medical Exam Required |
|---|---|---|---|---|---|
| 35 | $500,000 | 15-year term | $17–$32/mo | $20–$35/mo | No |
| 40 | $500,000 | 15-year term | $25–$46/mo | $27–$46/mo | No |
| 45 | $500,000 | 15-year term | $33–$65/mo | $42–$79/mo | No |
| 55 | $500,000 | 15-year term | $75–$137/mo | $107–$199/mo | No |
| 65 | $500,000 | 15-year term | $122–$232/mo | $197–$331/mo | No |
$1,000,000 Coverage
| Age | Amount | Policy | Female | Male | Medical Exam Required |
|---|---|---|---|---|---|
| 35 | $1M | 15-year term | $28–$55/mo | $34–$61/mo | No |
| 40 | $1M | 15-year term | $43–$83/mo | $47–$80/mo | No |
| 45 | $1M | 15-year term | $63–$122/mo | $78–$149/mo | No |
| 55 | $1M | 15-year term | $143–$262/mo | $203–$380/mo | No |
| 65 | $1M | 15-year term | $233–$453/mo | $358–$641/mo | No |
The best way to find pricing accurate to your scenario is to straight to the Ethos website and get a free quote. This way, you can input your personalized information and receive customized details.
From start to finish, it only takes a few minutes to purchase life insurance from Ethos.
Is Ethos life insurance a legit company?
Yes, Ethos is backed by a series of top-rated life insurance companies, including Legal & General America, Ameritas Life Insurance Corp., and TruStage®.
How long has Ethos life insurance been around?
Ethos was founded in 2016.
Who owns Ethos life insurance?
Ethos partners with a variety of top-rated insurers, including Legal & General America, Ameritas Life Insurance Corp., and TruStage®.
Does Ethos offer life insurance for seniors?
Yes, Ethos offers term life insurance for adults ages 20 to 65 and whole life insurance for adults ages 66 to 85.
With incredible features such as price-locked premiums, zero medical exams, and coverage options for both younger and older adults, Ethos offers policies that are a good fit for almost any applicant. We especially recommend Ethos term life insurance for young adults (20s or 30s) thanks to price-lock benefits, and we similarly recommend Ethos whole life insurance for older adults (70s and 80s) who can use the coverage as a trust for loved ones.
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