If you’ve got kids and a mortgage but not life insurance, chances are that’s because getting life insurance is incredibly complicated and expensive. Luckily, a new insurance company called Ethos Life Insurance is trying to change that by making the life insurance landscape easier for consumers to navigate.
Contrary to what you may have seen on television, life insurance isn’t just for elderly rich dudes who end up getting murdered by their greedy second wife’s tennis instructor. If you have a partner, children, or elderly parents who depend on you, life insurance ensures their financial future in the event of your death.
Unfortunately, most insurance companies are more worried about their bottom line than the financial security of their clients. They make you jump through all sorts of hoops to get coverage. Some make you hand over detailed financial and medical records. Others make you get costly and time-consuming medical exams. And after all that, when they find something they don’t like—and they will find something they don’t like—these companies jack up your premium. Because, again, they are in the business of making money rather than helping families plan their financial futures.
That’s what sets Ethos apart from the competition.
Ethos is an ethical insurance company that specializes in term life insurance.
For those who might not be familiar, term life insurance is one of two kinds of life insurance. Unlike permanent life insurance, which is the other kind and lasts until you die, term life insurance provides coverage for a set period of time, or term. Terms are typically 10 to 30 years, or enough time for your dependants to become independent. If you pass away during this set term, your beneficiaries receive a cash payment called a death benefit.
So what does it mean to be an ethical term life insurance company? In short, it means putting people before profit.
Though actuarial science is necessary and beneficial to society, it also tends to reduce life to a series of risks. A lot of insurance companies forget this.
At Ethos, their mission is to always remember that you are a human being, not just some number in a ledger. To that end, Ethos team members do not work on commission, which means they’re not incentivized to get you to sign up at all costs. Rather than upsell you life insurance you don’t really need, they work hard to find the best possible plan for you.
Ethos also believes being ethical means protecting vulnerable families and making life insurance accessible to everyone. That’s why they’ve made the application process incredibly simple.
To get started you just have to answer a few simple questions. After that, Ethos gives you a quote within seconds. This quote includes a range of different policy options to choose from, which differ in both term length and amount of coverage. Ethos will then help you determine which option is best for your family’s unique needs, at which point you just need to take a few more minutes to fill out the official application. And that’s it. No digging up 10 years’ worth of tax returns. No unnecessary trips to the doctor. Once your application is submitted, your family will be fully covered in 7 to 10 business days.
If you have loved ones you need to protect, but haven’t gotten around to getting life insurance yet, don’t wait any longer. Ethos makes term life insurance easy and affordable. So click here to get your quote today.