Getethos Life Insurance: Legit Or A Scam?

Life insurance is a necessity for any young family, but it can be expensive. Ethos Life Insurance is a company that offers term and whole life insurance policies at competitive prices. With a streamlined online application process, Ethos makes finding a policy fast and easy. But is it legit? In this article, we will review Ethos Life Insurance and answer that very question.

Ethos Life Insurance offers term and whole life insurance policies

Ethos Life Insurance is a legitimate company that offers term and whole life insurance policies. The company was established in 2016 by Lingke Wang and Peter Colis, with the aim of simplifying the life insurance application process and making coverage more accessible, regardless of an individual's health status or level of understanding of life insurance.

Ethos offers term life insurance to people aged 20 to 65 (in 49 US states and the District of Columbia, excluding New York). Coverage ranges from $20,000 to $2 million, with policy terms of 10, 15, 20, or 30 years. Term life insurance provides coverage for a specific period, chosen by the policyholder, and is generally the most straightforward and affordable option. Premiums are fixed for the duration of the term, providing predictability for budgeting. Ethos' term life insurance policies are backed by established companies like Legal & General America, Ameritas Life Insurance Corp., and TruStage.

For those aged 66 to 85, Ethos offers guaranteed whole life insurance with coverage amounts ranging from $1,000 to $30,000. Whole life insurance can last an individual's entire life if premiums are kept current and may accrue cash value over time. Ethos' whole life insurance policies are offered through TruStage and are available in all states except New York.

Ethos' application process is entirely online, and the company provides phone and email support. The process is typically quick, and most applicants do not need to undergo a medical exam. Instead, they answer a few health questions, and Ethos uses this data, along with information like motor vehicle records and family medical history, to determine eligibility and rates.

Ethos' term life insurance policies include an accelerated death benefit rider, allowing individuals to access their death benefit if they are diagnosed with a terminal illness. Additionally, Ethos acquired the estate planning company Tommorrow.me, now called Ethos Online Wills and Planning, which offers free and paid estate planning tools to its customers.

The company provides a streamlined online application and purchase process

Ethos Life Insurance offers a streamlined online application and purchase process. The company's website has a section to get a quick quote, with only five fields to fill out to receive a quote. The application process is entirely online, and Ethos provides phone support, chat, and an email address for inquiries.

After receiving a quote, the applicant proceeds to the application page, which shows the status of the application at the top. The application sections include personal information, financial dependents, health, and smoking status. The applicant can also calculate how much life insurance they need, with Ethos recommending a policy length and coverage amount, which can be adjusted using a sliding scale.

Ethos also provides agent support, with customer service representatives available via phone or email. The company's site is easy to use and navigate, and it offers a seamless online application process with a sleek interface.

Overall, Ethos provides a fast, simple, and user-friendly online application and purchase process, making it convenient for individuals to obtain life insurance.

Ethos policies are underwritten by established companies like Ameritas Life Insurance Corp. and TruStage

Ethos Life Insurance is an insurtech company that offers term and whole life insurance online. It uses data such as your motor vehicle records, family medical history, and current drug prescriptions to calculate eligibility and set rates. Notably, Ethos does not require a medical exam for its policies, making it easily accessible to individuals.

Ethos' policies are underwritten by established companies like Ameritas Life Insurance Corp. and TruStage, which are known for their strong financial standings and low volume of consumer complaints. Ameritas Life Insurance Corp., a subsidiary of Ameritas, is committed to helping individuals and businesses achieve their long-term financial goals through insurance and wealth management solutions. With a focus on dental, vision, and hearing care, Ameritas offers affordable plans for individuals, families, and organizations, contributing to overall health and well-being.

TruStage, on the other hand, is a company that has been in the industry since 1935, previously known as CUNA Mutual Group. TruStage provides a diverse range of insurance, investment, and technology solutions, including whole life insurance, homeowners insurance, and business protection solutions. They have been named by Forbes as one of the best insurance companies, recognised for their ability to meet diverse needs with flexible and easy-to-understand offerings.

By partnering with reputable companies like Ameritas Life Insurance Corp. and TruStage, Ethos ensures that its policies are issued by trustworthy third-party insurers. This gives customers confidence in Ethos' ability to provide reliable coverage and peace of mind when it comes to their life insurance needs.

The company has excellent customer ratings and is backed by industry giants

GetEthos life insurance is a legitimate company with excellent customer ratings and backing from industry giants.

GetEthos, founded in 2016, offers term and whole life insurance policies. The company has a streamlined online application and purchase process, making it easy for customers to find a suitable policy quickly. The company is headquartered in San Francisco, California, and is currently available in 49 states, excluding New York.

GetEthos life insurance policies are underwritten by established companies such as Legal & General America, Ameritas Life Insurance Corp., and TruStage. These underwriters have strong financial standings and a low volume of consumer complaints. Legal & General, TruStage, and Ameritas, the companies issuing GetEthos' policies, have received fewer complaints than expected for companies of their size, according to a three-year analysis of data from the National Association of Insurance Commissioners.

GetEthos has earned an A+ rating from the Better Business Bureau, an "excellent" 4.8/5 rating from TrustPilot, and 4.7/5 stars on Google. Customer reviews highlight the quick and easy process of purchasing a policy, the competitive pricing, and the bonus estate planning aids.

The company is backed by industry giants, including Legal & General America, Ameritas Life Insurance Corp., and TruStage, ensuring financial stability and reliability. GetEthos also partners with A-rated or higher underwriters, further bolstering its credibility.

GetEthos life insurance is a legitimate option for those seeking term or whole life insurance, offering a seamless digital application process and competitive pricing. The company's excellent customer ratings and strong backing from industry leaders make it a reliable choice for individuals and families seeking financial protection.

Ethos is headquartered in San Francisco, California

Ethos uses technology to learn about its customers and find new and personal ways to cover them. Its policies are issued and guaranteed by Legal & General America (LGA), a large U.S. life insurance provider since 1836.

The company's mission is to make protecting your family affordable, accessible, and instant. It blends industry expertise, technology, and a human touch to find customers the right policy to protect their loved ones.

Ethos offers term and whole life insurance online, with policies issued by trustworthy third-party insurers. Its application process is fully digital and typically quick to complete, with most people not needing a medical exam.

The company has a customer support team available via phone or email.

Frequently asked questions