Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

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Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Mar 31, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.

Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from top life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

The Facts of Life

  • Ladder Life offers term life insurance to people between the ages of 20 and 60.
  • Ladder Life offers no-medical-exam policies.
  • Ladder Life policies are issued through Fidelity Security Life Insurance and Allianz Life Insurance Company of New York.

No-medical-exam life insurance policies may be beneficial to those who need to secure a future for their loved ones but fear their pre-existing condition will impact life insurance rates. Ladder Life offers a unique term life insurance policy — and applicants don’t need a medical exam to get covered.

Follow this Ladder Life insurance review to learn more about the company’s life insurance ratings and more about term life insurance.

Ready to start comparing Ladder Life with others in your area? Enter your ZIP code to get life insurance quotes now.

What is Ladder Life Insurance?

Ladder Life is a newer company that launched in California in January 2017. In 2018, Ladder joined SoFi, a personal finance company, to provide life insurance quotes to its users in more states.

Ladder term life insurance policies are issued in New York through Allianz Life Insurance Company of New York and Fidelity Security Life Insurance Co in all other states.

Ladder uses an online application to provide its instant life insurance quotes. Following a series of questions, applicants could go from getting life insurance quotes to being fully covered with just a few clicks.

Ladder Life is known for its flexible, affordable life insurance policies; let’s dive deeper into what the best life insurance is for you.

What does Ladder Life Insurance offer?

Ladder offers one kind of policy: term life insurance. Term life insurance provides benefits to your loved ones should you die during the term of your policy.

Ladder Life policies come in 10- to 30-year policy lengths, with coverage amounts between $100,000 and $8 million.

Ladder’s term life insurance is available to any U.S. citizen or lawful resident who has been in the county for more than two years and is between the ages of 20 and 60.

You are able to renew policies if your original term expires.

Ladder Life is unique in offering no-medical exam life insurance quotes. You can get a free life insurance quote online using the Ladder Life insurance calculator.

Can I adjust my coverage limits with Ladder?

Ladder allows policyholders to adjust their coverage at any time to meet their needs. They call it “Laddering,” as you can go up and down in your life insurance rates and coverage.

Whether you are Laddering up or Laddering down, Ladder life insurance lets you adjust your policy limits as your financial needs change. This means drivers never have to pay than needed for more coverage or pay life insurance rates outside their means.

If you need to increase the value of your life insurance policy or extend your term length, Ladder has an easy-access online portal to guide their customers through.

How do I quote through Ladder?

To get a life insurance quote using the Ladder Life insurance calculator, all you need to do is go online. This will start by assessing your worth, risk, and so on to calculate your life insurance quote.

First, you will answer questions about your finanances. These will include:

  • What is the balance on your mortgage?
  • How much debt do you have?
  • How much life insurance do you currently have?
  • How much savings do you have?

Then, you’ll answer questions about you and your home. This will gather information about your beneficiaries and what expenses you have. The calculator will give you an idea of what income replacement amount is needed and other expenses that will carry on after you pass.

Then the Ladder Life insurance calculator will give you the total amount you need and the closest coverage option. ‘

Let’s dive into the nitty-gritty of Ladder life insurance details. Getting a quote online is nothing revolutionary, let’s go over the company’s ratings.

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Should I use Ladder to purchase life insurance?

If you’re looking to get life insurance fast, Ladder offers that option. Its quick underwriting decisions allow you to get covered immediately. Ladder, as we have learned above, is extremely flexible in its life insurance rates.

Ladder is also financially strong. It’s teamed with two companies with strong financial strength ratings from A.M Best. Ladder underwrites its policies through Fidelity Security Life Insurance Company. Fidelity has an A- (Excellent) with A.M. Best.

Why is this important? It means you’ve invested with a secure establishment.

Pros to Ladder

Ladder is backed by strong companies and gives people the flexibility to be themselves while maintaining a life insurance policy. Children grow up and become less dependant, you pay debts off, etc. — most times life insurance doesn’t need to cover everything.

Term life is good for those who are not seeking lasting benefits.

Also, term life insurance can be anywhere from three to 10 times cheaper than permanent life insurance policies.

But what about the cons?

Cons to Ladder

Ladder doesn’t allow for any riders, which is a big downfall to the insurance company. For instance, if you wanted to protect yourself against accidental death, a policy rider allows this addition to an underwritten policy. Ladder does not allow for the purchase of supplementary coverages or riders at all.

This can limit your coverage.

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Ladder Life Rates

Ladder Life boasts itself of being an affordable company. It works on a sliding scale setting rates based on your term policy length and the value of your term.

For some comparable no-medical exam term life insurance rates for men, check out this table to get an idea of what you’re looking for:

No Exam Term Life Insurance Quotes For Parent: Males
45 $17.99$21.23$41.78$77.26
50 $24.49$32.03$57.18$108.06
65 $81.55$136.80$330.53$679.90
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And for women:

No Exam Term Life Insurance Quotes For Parent: Females
65 $65.39$92.47$218.01$429.72
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Ladder seems to be a good option for someone looking to get decent coverage with a quick turn around. But, is it the right company for you?

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Ladder Life is a startup offering life insurance to most people ages 20 to 60 years old. In the past several years, the company has been able to expand to all 50 states and Washington D.C.

This is mainly due to its big-name partnerships.

Outside of its strength, reviewing online reviews, Ladder seems to be split down the middle. Some seem to enjoy their experience working with Ladder, while others found it to be a waste of time.

Leave your opinion below. Are you ready to buy life insurance?

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