Ethos Life vs Foresters Financial
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
Foresters Financial
Founded: 1874
Buffalo, NY (U.S.); Ontario, Canada
Assets
$2.6+ billion AUM; RBC Ratio: 451%
IUL Experience
10+ years
Products
2
Avg Cap Rate
8.5%
Key Strengths
150+ year history
Fraternal benefit society - member benefits include scholarships, grants, wellness programs
$31.2 million in social good impact (2023)
Diabetes coverage (non-med up to Table 12)
Backed by Sumitomo Life - $330B+ combined assets
Detailed Feature Comparison
| Feature | Ethos Life | Foresters Financial |
|---|---|---|
| Founded | 2016 | 1874 |
| Headquarters | San Francisco, California | Buffalo, NY (U.S.); Ontario, Canada |
| Assets Under Management | Insurance agency (not carrier) | $2.6+ billion AUM; RBC Ratio: 451% |
| Years in IUL Business | 2+ years | 10+ years |
| Number of IUL Products | 1 | 2 |
| Typical Cap Rate Range | 8% - 10% | 7% - 10% |
| Participation Rates | 110% | 110% |
| Minimum Premium | $3,600 annual | $3,600 annual |
| Issue Ages | 20-65 | 0-85 years |
| Underwriting Speed | Instant (90%+) | 3-4 weeks standard |