Underwriting & Product Overview
10
Ethos Term Life – Prime Most selective risk class term life insurance
Carrier
Legal & General America
Issue age
Age 20–65 (age nearest)
Coverage amounts
$100,000–$2 million
Max face amounts by term length
$2 million
$1 million
$500,000
Age 20–50: 10, 15, 20, 30 year
Age 51–60: 10, 15, 20 year
Age 61–65: 10, 15 year
Term length
Premiums
Level for specified term period
States available
Not available in New York
Payment options
ACH
Application questions and third-party evidence checks Potential additional evidence ordered. 90% instant decision. APS review for age 61 & up.
Underwriting criteria
Preferred Plus Non-Tobacco Preferred Non-Tobacco Standard Non-Tobacco Standard Tobacco Table Ratings
Underwriting classes
Average customer profile
Health
Financial & credit history
Vehicle violations
Excellent/good health with few to no chronic conditions. Any existing chronic conditions are consistently well controlled and receive regular follow-up care.
Excellent/good credit resulting in low/mid CBI score depending on age
Valid license not currently suspended or revoked. No major violations within 5 years: DUI/DWI, reckless driving, speed >90mph, accident resulting in injury, driving while license suspended. Few to no minor violations within 3 years: speeding <90mph, accident not resulting in injury, careless driving
Please see the Ethos Field Underwriting Guide for detailed condition-specific ratings and knockout conditions.
Made with FlippingBook - professional solution for displaying marketing and sales documents online