If you’d like to leave your partner in stable financial condition in the event of your untimely death, it’s smart to purchase a life insurance policy for both people in a marriage.

When one of you is a stay-at-home parent or full-time student

Even if one of you isn’t working, you’ll need to acknowledge the non-monetary contribution to the household by thinking about the things they do day-to-day to support the family. If the non-working spouse dies, you won’t need to replace their income, but you will need to hire help.

Life insurance is a safety net that helps create financial stability in a difficult time. You’ll need to purchase a…


Life insurance protects the policyholders’ friends and family from bearing the financial burden caused by death. There is a wide range of difficult decisions to make when a loved one dies. The outpouring of support, while appreciated, may not provide all the answers a beneficiary needs to help them decide how to use the proceeds from a life insurance policy.

How to make a life insurance claim

The beneficiary named on the policy must present the insurance company with a death certificate issued by the county. …


When considering life insurance, it’s natural to wonder how companies who administer these policies determine the rates.

What influences life insurance rates?

Life insurance companies depend on their underwriting departments to use information about personal health history, current state of health, tobacco use, family history, and even motor vehicle reports to decide how much of a risk a specific person presents in a life insurance scenario.

Actuaries analyze the data to make a prediction about how likely the insured person is to die.

This is why a term life insurance policy for a healthy 25-year-old is so much less expensive than the same policy for…


The policy owner (often the insured person) pays an ongoing premium to the life insurance company (let’s say around $20 per month). If that insured person passes away during a coverage period (10 to 30 years), their beneficiary (usually their family) receives a lump-sum payout.

Think of it as protection for your family against a loss of income, so they can continue to live their life with financial security.

How to get life insurance easily

  1. Go to www.GetEthos.com
  2. Get a quote (your price) in seconds
  3. Apply for the policy in 5 minutes online
  4. Most people get approved instantly.

Your beneficiary

Often times, the policy beneficiary (recipient of the…


Buying life insurance can seem overwhelming. If you have a family or if you provide financial support for anyone, you probably need life insurance. The question of how much life insurance you should buy to provide your loved ones with enough money to cover your outstanding debt in the event of your untimely death is fairly straightforward. However, figuring out how much life insurance you need to provide for your loved ones’ financial futures may be a confusing process.

It’s a form of predicting the future, and most of us aren’t very good at that. There are a few tried-and-true…


People in their 20s and 30s probably aren’t spending a lot of time thinking about their death. However, this is the best time to purchase a life insurance policy. Rates are lowest for young and healthy people. Putting life insurance in now can save money in the long run.

Some young people want a permanent life insurance policy as an investment vehicle. They know that it serves as collateral for a loan, and it may have a living benefits rider. It’s a good source of cash later in life when the death benefit is no longer needed, as well.

Your…


If you pass away, who will suffer?

Life insurance protects your loved ones when they are most vulnerable. When thinking about replacing income for the benefit of dependents, it’s important to consider who depends on you — and what will happen if you’re gone. Here are some examples of loved ones to consider.

1. Your spouse and children

The main wage earner in the family should definitely have a life insurance policy that replaces their income until the kids are out of college.

In many cases, an employer offers some sort of subsidized life insurance policy, but it’s a good idea to pursue insurance that…


There are a few key differences between term and permanent life insurance policies that will help you decide which type of policy will best meet your individual needs.

Simply put, term life insurance is good for a pre-determined amount of time. When the term is up the policy is renewable, but the rate will be higher. Term policies are usually inexpensive compared to permanent policies. Term life insurance is the better financial choice for 98% of families.

Permanent life insurance includes universal life insurance and whole life insurance. It’s good for the entire life of the insured person, and has…

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