Underwriting & Product Overview
11
Ethos Term Life – Prime (Continued)
Health
Financial & credit history
Vehicle violations
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
Average customer profile
Excellent/good health with few to no chronic conditions. Any existing chronic conditions are consistently well controlled and receive regular follow-up care.
Please see the Ethos Field Underwriting Guide for detailed condition-specific ratings and knockout conditions.
Excellent/good credit resulting in low/mid CBI score depending on age
Replacements
Available
Conversions
Available
Annual policy fee
$76 (included in premium, non-commissionable)
Accelerated death benefit Ethos estate planning tools at no additional cost (except WA & SD)
Available riders & perks
Financial qualifications
Face amount eligibility
Multiple of annual household income: Under 30: 40x
30–39: 35x 40–49: 25x 50–59: 20x 60–65: 10x
Non-working spouses
Based on household income Coverage amount cannot be greater than spouse’s total of insurance in-force and applied for
Retired
Maximum coverage: $500k
Single graduate students
Maximum coverage: $500k
Single undergraduate students
Maximum coverage: $250k
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