Ethos Life Insurance Review [2024]

No-medical exam Ethos term life insurance is a great option for people aged 20 to 65 looking to skip the medical exam most insurance companies require. Unlike many no-medical exam companies, Ethos offers up to $2 million in coverage.

Ethos life insurance is a great option for people with health concerns since it doesn’t require medical exams, but you should always compare your options.

Read our Ethos life insurance review to see if a no-medical exam term or final expense policy is right for you.

What You Should Know About Ethos

Although finding affordable Ethos online life insurance is relatively easy since the company offers low rates, it’s not the best fit for everyone. Compared to other cheap life insurance companies, Ethos lacks policy options for permanent plans.

Despite lacking the variety of some of its competitors, Ethos offers affordable rates for term life insurance. Explore our Ethos life insurance review to see if this company might be the best fit for your needs.

Then, compare quotes with as many companies as possible to ensure you get the best price.

Pros and Cons of Ethos Life Insurance

Every company has its strengths and weaknesses. The benefits of Ethos life insurance include the following:

• Affordable term life insurance quotes compared to similar providers
• Ethos policies are underwritten by financially strong companies
• Ethos offers life insurance without a medical exam for most applicants

Although Ethos offers affordable rates, you should be aware of the disadvantages that can come with an Ethos policy. These include:

• There are few life insurance riders to choose from to customize your policy
• You can’t convert an Ethos term life policy into a permanent plan at the end of the term
• Ethos does not sell new term policies to adults older than 65

If you still want to find Ethos life insurance quotes, read on to learn more about the company.

Ethos Life Insurance Customer Service and Financial Ratings

Most major third-party companies don’t give Ethos life insurance ratings because it doesn’t write its own policies. However, you can get an idea of how well Ethos does by looking at the companies that handle their policies.

A.M. Best rates companies on their financial stability, which is important because it indicates if a company can pay claims. Legal and General America – the company that underwrites Ethos policies – has a superior rating of A+.

Ethos life insurance customer reviews also don’t include a National Association of Insurance Commissioners (NAIC) rating.

However, the company that manages Ethos policies has a very low rating, meaning it receives fewer complaints than similar providers.

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Ethos Insurance Coverage Options

Ethos currently only offers two types of life insurance – term and final expense.

Term life insurance is a type of coverage you purchase for a set number of years. With Ethos, your term choices are 10, 15, 20, or 30 years, and you can buy a new policy between the ages of 20 and 65. Coverage limits range between $20,000 and $2 million.

When your term policy ends, Ethos offers the option to renew it for a higher price. Unlike many other companies, even the best Ethos term life insurance policy does not have the opportunity to convert to a permanent plan.

Ethos Term Life Insurance Policy Monthly Rates With Death Benefit of $1,000,000

Age	Smoker	Non-Smoker
25 Years Old	$123	$58
35 Years Old	$137	$65
45 Years Old	$332	$135
55 Years Old	$982	$316
65 Years OId	$2,540	$790

The other type of policy available to purchase is the cheapest Ethos whole life insurance plan. Called final expense insurance, this is a permanent plan that doesn’t change rates for the life of the policy.

Final expense insurance is available for people ages 66 to 85, with coverage limits between $1,000 and $30,000. Final expense insurance is meant to help your loved ones handle your funeral and end-of-life expenses.

Ethos guarantees everyone can purchase this policy, regardless of health status.

While Ethos doesn’t offer a traditional permanent plan, you can check out the best whole life insurance companies to find a policy that fits your needs better.

Ethos Life Insurance Riders

Ethos only offers three lie insurance add-ons, which include the following:

• Accidental death benefit: Eligible applicants can purchase this rider, which increases your death benefit if you die in an accident.
• Terminal illness: If you are diagnosed with a terminal illness, you can access a portion of your death benefit to pay expenses. Ethos sometimes includes this in policies free of charge.
• Perks: This rider offers a one-year membership for free to Legacy Assurance, which provides discounts on funeral expenses. The perks rider is only available for final expense plans.

While it’s not the longest list of riders, Ethos offers a few solid ways to customize your plan.

Read more: Death From Quicksand: What are the chances it happens to you?

How to File an Ethos Life Insurance Claim

To file a claim with Ethos, you can log into the policyholder’s account and start the claim online. If you don’t have the policyholder’s Ethos life insurance login, you can call their customer service line at (415)-915-0665 between 6 AM and 8 PM CST.

Ethos Life Insurance Online Offerings and Mobile App

Although you can call the Ethos life insurance phone number to start an application, Ethos’ easy online application is one of the company’s highlights.

You can also log in online to manage your policy, change your beneficiary, and make payments.

Ethos does not currently have a mobile app.

Ethos Insurance Rates Breakdown

While Ethos offers a solid selection of no-waiting-period life insurance, it might not always be the most affordable option. Several factors affect your term life insurance rates, but you can check Ethos’ average prices below.

Ethos Term Life Insurance Average Monthly Rates by Age and Policy Amount

Policy	Age 30	Age 40	Age 50
$250,000	$19	$30	$67
$500,000	$19	$32	$77
$1 million	$32	$56	$146

Although these rates might be a little higher than some of its competitors, one of the reasons it’s still a good deal is that you can skip the medical exam.

That means people in less-than-perfect health can purchase a term policy with a high coverage limit.

Ethos Discounts Available

Ethos doesn’t list any discounts on its site, but that’s not uncommon. Even the best term life insurance companies typically offer few discounts for policies.

Instead, you’ll likely see lower rates based on factors like your overall health, family history, and location.

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How Ethos Ranks Among Providers

Although Ethos offers no-medical exam insurance with high coverage limits, it’s not always the best option for everyone. That’s especially true if you’re trying to choose between term vs. permanent life insurance since Ethos does not offer a traditional permanent policy.

Check the rates below to see how Ethos compares to other companies with similar policies.

Ethos Life Insurance Rates Compared to Competitors

Company	$500,000 Policy	$1 Million Policy
Brighthouse	$23	$39
Ethos	$28	$50
Prudential	$31	$50
Ladder	$31	$54

Ethos generally has affordable rates, but you’ll likely see different prices when you get an Ethos life insurance quote.

Ethos requires a little more information than other companies to get a personalized quote, including your name, address, email, phone number, and the last four of your social security number.

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