Ethos Life vs John Hancock Life Insurance Company (U.S.A.)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Ethos Life
Founded: 2016
San Francisco, California
Assets
Insurance agency (not carrier)
IUL Experience
2+ years
Products
1
Avg Cap Rate
9%
Key Strengths
Partners with Ameritas for Ethos IUL
90%+ instant decisions
Entirely digital platform
John Hancock Life Insurance Company (U.S.A.)
Founded: 1862
Boston, Massachusetts
Assets
Part of Manulife with CA$1.4 trillion AUM
IUL Experience
15+ years
Products
4
Avg Cap Rate
8.00%
Key Strengths
160+ years in business
Comdex rating of 93 (among highest)
John Hancock Vitality Program (wellness-based rewards unique to industry)
Survivorship UL gold standard for estate planning
Strong with high-risk medical conditions
Detailed Feature Comparison
| Feature | Ethos Life | John Hancock Life Insurance Company (U.S.A.) |
|---|---|---|
| Founded | 2016 | 1862 |
| Headquarters | San Francisco, California | Boston, Massachusetts |
| Assets Under Management | Insurance agency (not carrier) | Part of Manulife with CA$1.4 trillion AUM |
| Years in IUL Business | 2+ years | 15+ years |
| Number of IUL Products | 1 | 4 |
| Typical Cap Rate Range | 8% - 10% | 7.50% - 9.00% |
| Participation Rates | 110% | 110% |
| Minimum Premium | $3,600 annual | $5,000 annual |
| Issue Ages | 20-65 | 20-70 (Accumulation IUL with Vitality) |
| Underwriting Speed | Instant (90%+) | 3-4 weeks standard |