Ethos Underwriting and Product Guidelines
F or licensed life agents onl y . D o not distri b ute . IUL Product Details
Please refer to our Ethos IUL Agent Guide for additional information.
For a comprehensive view of Ethos , including our products , carriers and industry innovation , please see our Ethos Playbook for Agents.
Product
Ethos IUL, Indexed Universal Life Not available for all agents
Best-Moderate Risk
Carrier
Ameritas Life Insurance Corp.
Average customer profile
Health
Excellent/good health with few to no chronic conditions. Any existing chronic conditions are consistently well controlled and receive regular follow-up care
Financial & credit history
Good/fair/poor credit resulting in mid/high CBI score
Vehicle violations
Valid license not currently suspended or revoked
Major violations1
None within 5 years
Minor violations2
Few to none within 3 years
Age
Age 20–65 (age nearest)
$ 25 , 000 –$1, 000 , 00 0 Age 20 - 50 : up to $1M Age 5 1- 60 : up to $ 500 K Age 6 1- 65 : up to $ 350 K
Coverage
T erm Length
N/A
Under w riting process
90%+ instant decision. P otential additional evidence ordered. Applicants not eligi b le for an instant I U L o ff er will b e routed to manual U / W or T ru S tage TM Advantage W hole Life . Application q uestions and 3rd party evidence checks
4 non-tobacco Preferred Plus Non-Tobacco Preferred Non-Tobacco Select Non-Tobacco Standard Non-Tobacco with table ratings 1-10
2 tobacco Preferred Tobacco Standard Tobacco with table ratings 1-10
Under w riting classes
F ree loo k period
30 days
R eplacements
U navaila b le
Premiums
Flexi b le
Pa y ments
ACH , Monthly
I nc luded at no co s t _ 8 C are 4L ife A ccelerated D eath B ene fi t ] 8 Ter m inal I llness ( for a pp licants not eligible for C are 4L ife = 8 L ifeti m e I nco m e ride P
Av a il ab le at an a ddi t i ona l co s 8 A ccidental D eath B ene fi 8 W ai v er of S p eci fi ed Pre m iu m
Availa b le riders & per k s
Please refer to our for age, under w riting and state restrictions on rider availa b ilit y . Ethos IUL Agent Guide
8 Ov erloan Protection B ene fi t ( endorse m ent = 8 E thos estate p lanning tools ( n / a in WA, S D)
S tate and other exclusions
N Y , CA | S upport for I T IN , EA D & most visa types. S ee Ethos ITIN & Visa Agent Guide for details. | Max 4 apps from non-Ethos carriers in prior 1 2 months
F inancial Q ualifications
F ace amount eligi b ilit y
Multiple of annual household income : Age < 30 : 4 0x | Age 30–3 9 : 35x | Age 4 0– 4 9 : 25x | Age 50–5 9 : 20x | Age 60–65 : 1 0x
N on - w or k ing spouses
Based on household income. Coverage amount cannot b e greater than spouse ’ s total of insurance in-force and applied for.
Additional financial maxes
Retired and single graduate students: $500K | Single undergraduate students: $250K
1 D U I/ D W I , reckless driving , speed > 9 0mph , accident resulting in injury , driving while license suspende d 2 Minor violations : speeding <9 0mph , accident not resulting in injury , careless drivin g
© 2024 Ethos Technologies Inc. Ethos operates in some states as Ethos Life Insurance Services. CA license #0L28949; AR license #100164629. Ethos offers policies issued by the carriers listed at www.ethoslife.com/carriers . P roducts and their features may not b e availa b le in all states.
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