Are medical exams ever needed?
Medical exams are never needed for an Ethos Protection IUL policy. All you need to do is answer the online application questions. Sometimes we conduct a more in-depth underwriting review, in which case you may be asked for additional information from our underwriting team.
Is Ethos Protection IUL 100% instant decision?
The majority of Ethos Protection IUL applicants will receive an instant decision. Remaining applicants may be asked for additional information from our underwriting team, or be re-routed to our TruStage™ Advantage Whole Life product, a 100% instant decision product.
Can I change the quote (e.g., premium, coverage amount) after underwriting?
Yes, in most cases you will be able to adjust the premium and coverage amounts post-underwriting to fine-tune the policy to your client’s budget and coverage needs.
What should I expect if my client’s application requires manual underwriting?
You and your client will receive emails indicating that their application is in underwriting review. Your client will be asked to review and sign their application. You will be asked to provide beneficiary and payment information from your client in the meantime.
Manual underwriting can be same-day but may take longer depending on the type of information we need to verify. Once underwriters have completed the review, Ethos will share the updated quote with you and your client.
If the actual coverage offer is higher than initially quoted, do you provide the reason?
Yes. The reason for a coverage upgrade is visible on the Coverage offer page. Click “Underwriting note” to view.
If the face amount is lower than initially quoted, do you provide the reason?
Yes. The reason for a reduction in the face amount offer is visible on the Coverage offer page. Click “Underwriting note” to view.
What are Ethos Protection IUL knockout conditions?
Please see the Ethos Protection IUL Knockout Guide. For complete information, please see our Field Underwriting Guide.
What happens if my client is not approved for Ethos Protection IUL?
Applicants not eligible for Ethos Protection IUL are automatically invited to apply for TruStage™ Advantage Whole Life from TruStage, a top-rated carrier partner.
- This 100% instant decision simplified issue whole life product offers coverage up to $100K with just eight health questions and an prescription check.
If my client is declined, do you provide the reason?
Yes. The reason for a decline is visible on the coverage decline page. Click “Underwriting note” to view. Your client will be automatically routed to TruStage™ Advantage Whole Life.
How does the underwriting compare to Ethos term products?
Underwriting conditions mirror those of Ethos Term – Prime, our most selective risk class term life insurance. For more information, please see our Field Underwriting Guide.
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