The newly established partnership between Ethos and Protective Life Corporation is poised to bring significant advantages to policyholders, offering them a more comprehensive and user-friendly life insurance experience. This collaboration introduces Protective as a new provider in Ethos’ term product suite, providing term life insurance directly to consumers through Ethos’ advanced platform. The alliance is designed to enhance the accessibility and ease of obtaining term life insurance, with term periods ranging from 10 to 40 years, alongside coverage amounts up to $2 million. Ethos’ commitment to delivering a seamless experience for customers and agents is further bolstered with Protective’s reliable term insurance products.
Ethos is renowned for its cutting-edge technology platform, which has revolutionized the life insurance purchasing process by making it more efficient and straightforward. With the inclusion of Protective’s offerings, policyholders now have access to a more diverse range of term life insurance options, backed by the expertise and stability of Protective Life Insurance Company. The partnership aims to cater to a broad demographic, with Protective Term Life being available to individuals aged 20-65. This product features guaranteed level premiums and includes a terminal illness rider, which allows for accelerated death benefits, providing additional financial relief during challenging times.
Another key benefit for policyholders is the access to Ethos’ proprietary estate planning tools, which can help individuals manage their financial legacy more effectively. By integrating these tools into their platform, Ethos ensures that policyholders can plan for the future with greater confidence and clarity. The collaboration between Ethos and Protective has been met with enthusiasm from representatives of both companies. Aaron Seurkamp, SVP and President of Protective’s Protection & Retirement Division, and Peter Colis, Co-Founder and CEO of Ethos, have both emphasized the partnership’s potential to expand life insurance access and deliver an exceptional policyholder experience.
In summary, the partnership between Ethos and Protective stands to benefit policyholders significantly by leveraging Ethos’ technological prowess and Protective’s solid term insurance offerings. The combination of these strengths ensures that more consumers can obtain comprehensive financial protection with minimal hassle. By broadening the reach of term life insurance and enhancing the overall purchasing process, this collaboration is set to make a profound impact on the life insurance landscape.