Ethos Partners With Top Benefits Software Solution Ease to Offer Employer Personal Life Insurance
Summary
If employees wish to elect term life insurance coverage during the upcoming open enrollment season, theyll be asked to answer a single health question before being taken to Ethos to view personalized policies. Because employees won’t be paying for the risk placed on an entire group of people who enrolled in life insurance, they’ll be getting a product priced just for them, resulting in lower monthly premiums. In addition to GV, Goldman Sachs is a new participant alongside existing investors Sequoia Capital and Accel, bringing Ethos’ total funding to-date to more than $100 million. To date, Ease has partnered with more than 1,500 agencies, from family-run to nationally known (Leavitt Group Enterprises, Keystone, Brio Insurance), who have rolled out Ease’s software to over 65,000 businesses, from 2 to 7,000 employees, greatly improving HR team efficiency and effectiveness. Ease makes it simple to set up and manage benefits, onboard new hires, stay compliant, and offer employees one destination for all their human resources information.