Ladder is unique in the life insurance game because their policies can change and adapt as your priorities change. Since life insurance is all about planning ahead, it makes sense to get a policy that can be adjusted as need be. Keep on reading to learn more about Ladder and see if they’re right for you!
Founded in 2015, Ladder is run by people who have first-hand experience of the benefits of life insurance. Ladder CEO Jamie Hale tragically lost his father as a child. The life insurance policy that his father had was able to help the family through some tough times. Now, he runs Ladder with that premise in mind – to help families in the way that his father helped him.
Ladder offers term life insurance with 10, 15, 20, 25, or 30 year terms. Anyone between the ages of 20 and 60 can apply, but the sum of the policy holder’s age plus the term length cannot be more than 70. (So, for example, a 50-year old individual could apply for a 10 year term but not a 30 year term.) Ladder is available nationwide, and offers up to $8 million in coverage.
Ladder does not offer universal or whole life insurance, nor do they allow riders to be added to their policies, so those looking for permanent life insurance options may want to work with a different company.
