No, to protect clients and support ethical sales practices, Ethos does not pay compensation on confirmed Ethos policy replacements.
If Ethos detects a possible replacement of a policy that was in force within the last three months, the new application is flagged for review.
- Review Timeline: The review process is typically completed within 28 business days.
- Policy Status: The client may still finalize and activate the new coverage if the application is approved.
- Compensation: If the review confirms the new application is an Ethos policy replacement, the writing agent will not receive compensation for that policy.
Updated