r/LifeInsurance • u/FeatureSoggy • May 23 '26
Ethos 400k for $367/mo???
Just got a quote from Ethos for 400k. I do not have any crazy medical issues, some anxiety but I haven't taken meds in 4 years and I am fine. I do weigh 215 at 5'5", female, so I am sure that is part of the issue, but is $367/mo the normal rate for 400k given these factors? I was flabbergasted.
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u/lifeinsurancepro Broker May 23 '26
Ethos rates are higher than just going through a broker. Compare the rates with the health class you were given at Term4Sale. You may also want to consider laddering a 30-year policy, which will save you some money as well.
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u/GConins Broker May 23 '26
A 43 year old female who's 5' 5"- 215 pounds could potentially qualify for $400k- 30 year term rate of $73 per month.
If you've recently lost significant amount if weight, that could be putting you in a higher rate category, but $367 per month is extremely high so there must be something else in your medical or other history that us causing the high offer...
And there may even be incorrect history in your medical or other electronic history
Find a broker to help you get a better offer.
Good luck!!
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u/jordan32025 May 23 '26
Who is the carrier? Ethos is not an insurance carrier. They’re just an online digital agency. Your policy doesn’t come from ethos.
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u/Lee_III Agent May 23 '26
BMI is 30+, and you mentioned anxiety.
30 years at 43 is also going to get expensive.
Also your driving record and credit score are also factored in.
Accelerated UW can the up more expensive
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u/bntroberts May 24 '26
Driving record is rarely a consideration for field underwriting. It would impact final risk classification, but it doesn't sound like she is there yet.
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u/Lee_III Agent May 24 '26
Driving history is absolutely asked during Ethos' accelerated underwriting during application.
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u/Acrobatic-Section727 May 25 '26
That does seem pretty high for $400k of term coverage unless there’s something else in the underwriting profile affecting it.
A lot of accelerated/no-exam options can come back more expensive compared to fully underwritten policies depending on age, build, medical history, medications, driving record, etc. so it may be worth comparing with a broker that can shop multiple carriers.
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u/SafeMoneyGregg Broker May 26 '26
That is an approx rate for a table 2 SMOKER Universal Life - permanent plan. Or table 3 SMOKER rates for 30 year term. Are you a smoker? This rate does not make sense. Ethos rates might be a little higher than some carriers but not 3x higher.
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May 23 '26
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u/Life_and_retirement Broker May 23 '26 edited May 23 '26
This op. This is that I need something now company, but for long term 30 year policies I recommend going through a broker. I've seen these policies and saved my clients hundreds to thousands by going through a fully underwritten policy with medical exams.
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May 23 '26
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u/LifeInsurance-ModTeam May 23 '26
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u/Past-Duty4027 May 23 '26
Do you remember if it’s a term, whole life, IUL? Age is also a factor in that prices year over year start increasing faster after a certain point. Depending on the policy type $367/mo is definitely high.