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Do Stay At Home Moms Need Life Insurance? My Honest Review of Ethos

family with mickey and minnie mouse

My family’s financial security is one of the highest priorities in my life, and I’m guessing it is just as important to you.

When I was a stay-at-home mom, I was without life insurance (or under-insured) for many years and didn’t realize how this was putting my family’s financial security at risk. 

It is SO important for moms to have coverage, so in this post I’m sharing why I failed at my previous attempts to get decent life insurance coverage and the solution I eventually found.

My Struggles With Getting A Life Insurance Policy

baby and momma

I never thought much about life insurance until I had a family. No one likes to spend time thinking about what would happen in the event of their untimely demise!

But having a child changes oh so many things in your life, including planning for what would happen to your family if you were no longer around.

When I was a stay-at-home mom to our young daughter I didn’t realize just how important it was that we have a life insurance policy in place for me (I didn’t have much an income at that point).  But my husband would have had to pay for childcare if something happened to me, which would have been financially impossible at that point.

I realized that we needed a term life insurance policy in place for me. “Term” life insurance is a policy that is good for a set number of years – most people choose 20 or 30 years to cover the period of raising a child or paying off a mortgage – and is preferred by all major financial experts over a “whole life” policy.

So I went through our credit union and attempted to schedule the required medical exam and paperwork signing for both of us (the SUPER BUSY strapped-for-time-and-sleep new parents).

Well, you can probably guess how that went. We had to keep rescheduling the appointments until I lost the motivation to even get the policy in the first place.

So instead, I purchased an over-priced life insurance policy online that didn’t require a medical exam and gave us $50,000 worth of coverage for $22 per month. I figured at least it was something and helped me sleep at night!

My Experience With Ethos Life Insurance

Fast forward to a few years later, when I saw mention of a quick, easy, and cheap way to get life insurance from a company called Ethos. I was hopeful that I might be able to improve on our bare-bones policy so I visited their site and spent 10 minutes getting a new quote.

screenshot of Ethos life insurance application

The Ethos life insurance quote form was easy to fill out. It involved a series of questions about my lifestyle and health. When I was done, I got an email saying that my information was being sent to their underwriter (who approves the policies) and I should hear back in a few days.

I was pleasantly surprised to hear back in a few days via a text message from Ethos. They said they had my quote ready and needed to discuss it with me via phone – and asked if I’d rather handle it via text message.

woman with feet up by the pool

You can review your Ethos life insurance policy poolside via text (like I did)

Since my current situation was spending the day with my daughter at a water park, I chose to review my policy via text. It took just a few minutes to go over some options for the length of time and amount of the coverage and was SO EASY to complete via text! I chose a $200,000 policy for 20 years for $30 per month.

Yep, that’s right – I quadrupled my coverage for only $8 more per month.

I was really pleased with my policy AND how easy it was to get everything submitted and approved! I got my policy documents in the mail about 10 days later. Ethos even followed up by text to make sure everything looked ok.

Now I’m in the process of getting my husband signed up with Ethos and I recommend it to my friends who don’t think I’m a weirdo for getting excited about a life insurance policy (my friends get me).

I really truly hope that you’ll get a free life insurance quote from Ethos if you are at all under-insured like I was. I feel so much better about my family’s financial future if something were to happen to me. It was so easy to make that happen with Ethos.

Do you have any questions about Ethos life insurance? Please leave a comment below or feel free to send me a message on The Frugal South’s Facebook page.

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Friday 8th of February 2019

[…] How I Save On Life Insurance With Ethos […]


Monday 31st of December 2018

Thank you for the info! I find it weird that after you fill everything out they asked for a credit card. Did you put in a credit card when you filled out the online application? No problems from doing that?


Tuesday 1st of January 2019

Hi Andrea! I did do that and didn't have any trouble. Ethos is very reputable and I'm positive your info is safe!

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Friday 28th of December 2018

[…] Ethos Life Insurance – I quadrupled my coverage for only $8 more per month and it was super easy – read my honest review of Ethos here […]

Cathy Bryant

Saturday 17th of November 2018

I'm a bit late commenting on this, but I had saved the email because I wanted to agree that life insurance is critical, especially in your prime years. But here's another thought to consider - do you have life insurance on your children? I know that may sound morbid, but ask yourself - if I had to bury my child, do I have the financial means to do so? This is not only important for young children, but also for grown children if they are single and/or not covered under an insurance plan at work.

When both my children were in their mid-20's, they were both single and working for small companies who didn't offer life insurance coverage for their employees. Even if they had, most young people this age think they are bulletproof and see no need for it. I decided to purchase a 20-year term life insurance policy for each of them in the unlikely event that I would have to bury them. Each policy had an option at the end of 20 years for the insured to convert it. I knew by that time they would likely be working at a company where they could get their own policy, and in fact my daughter did just that. But I kept the policy going and my worst nightmare was realized; she died unexpectedly at the age of 38 from complications of viral pneumonia.

Her policy (as is her brother's) was $50,000.00, meaning I did not have to worry at all about funeral expenses. She did have a $200K policy at work but her husband was the beneficiary (which was fine) and actually he offered to pay for the funeral but I chose not to let him do that for a number of reasons I won't go into here. I still have the $50K policy on my son and hope to God I don't have to use that one as well.

Leah is absolutely correct; it's a subject people don't like talking about, but it's one of the most important decisions you can make for yourself and your family.

Jenny K

Saturday 20th of October 2018

Good info! I'll ask my husband what our life insurance situation is (I know we have some, but I know nothing about it!) and check our Ethos.


Saturday 20th of October 2018

That is great, Jenny! I would guess that he has a policy through work, but I would be surprised if it included any coverage for you. So important to have the mamas covered!

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