REVIEW & COMPARE Ladder LIFE INSURANCE | Pros & Cons | FAQs

Ladder is relatively new to the life insurance marketplace.  It’s policies are underwritten by Fidelity Security Life Insurance Company.  Fidelity Security Life Insurance Company has an Excellent (A-) rating for financial strength from A.M. Best.  

​Ladderlife.com is a simple online portal that allows you to buy coverage and adjust your policy.

***LadderLife only sells 1 company***

REVIEW & COMPARE LIFE INSURANCE QUOTES
​​FROM ALL OF THE TOP COMPANIES HERE

---

WHAT DOES LadderLife.com OFFER?

• Competitive level 10, 15, 20, 25, and 30 year term life insurance policies from $100,000 to $8,000,000 for people ages 20-60 years old.
• Ladder offers significantly more life insurance coverage than you can buy without a medical exam compared to other companies.  Haven Life, by comparison, only offers up to $1 million in coverage without an exam.  Some applicants will receive an immediate decision.  Some applicants may need to take a medical exam before receiving an approval.
• Ability to increase or decrease coverage online as your financial needs change .  Ladder up means the policy holder can increase their policy’s face value or extend the length of the term.   The added coverage is priced separately, so the policy holder will receive a different cost for the higher amount of coverage and/or longer term.  Ladder down means the policy holder can reduce their policy’s face value if they need less life insurance.  Premiums will decrease proportionately to the reduction in the policy’s face value.

---

PROs & CONs of LadderLife.com

PROS

• High-value term life insurance policies
• An easy to use online life insurance application and management system.
• Fast underwriting decisions.  LadderLife’s application takes around 20 minutes to complete.  Once complete, the applicant will either receive an approval, a rejection, or a request for a medical exam.
• Ability to increase or decrease coverage online as your financial needs change.

CONS

• Only represents one A- company –  Fidelity Security Life Insurance Company.  No ability to compare other company’s costs.
• Not eligible if older than age 60.
• Only term life insurance policies.  No permanent life insurance
• No riders or supplementary coverage
• There is no one to speak to.  Most communication with the company happens online.
• There is no educational information on their website.

---

Frequently Asked Questions about LadderLife.com

1. Are Ladder’s rates competitive.
   YES.  Ladder’s term life insurance rates aren’t the lowest available, but they are consistently better than average when compared to those of the top insurers.  In addition, Ladder’s applicants may qualify for more coverage without a medical exam and pay significantly lower premiums verses a typical no exam policy. 
   
   
2. Does Ladder have good customer service?
   YES & NO.  Their website portal is very efficient in handling the life insurance application / underwriting process.  You don’t, however; have an option to speak with a live person— if you ever need to.
   
   
3. Are there any customer complaints about Ladder?
   YES & NO.  Check the reviews on Trustpilot.
   ​
4. Is Ladder’s website good, safe and reliable to use when buying life insurance?
   YES.  Although their website does not have as much educational content as other websites and they only offers policies from one A- AM Best company,  their platform is safe and secure.​

more Frequently Asked Questions

---

—Related Reading--

LADDER LIFE INSURANCE IN THE NEWS

Ladder To Unveil Latest Innovations At InsureTech Connect
CEO Jamie Hale Speaking at the World's Largest Gathering of Insurance Leaders and Innovators

https://www.prnewswire.com/news-releases/ladder-to-unveil-latest-innovations-at-insuretech-connect-300709454.html

Ladder And SoFi Partner To Power A New Approach To Life Insurance
The Financial Industry's New Guard Joining Forces To Drive True Innovation

https://www.prnewswire.com/news-releases/ladder-and-sofi-partner-to-power-a-new-approach-to-life-insurance-300681915.html

Ladder is Partnering to Power a New Approach to Life Insurance
Ladder and SoFi are teaming up to fundamentally change how people access and manage life insurance over time

https://medium.com/ladderlife/ladder-is-partnering-to-power-a-new-approach-to-life-insurance-85195cca6a59

---

Shopping For Life Insurance in The Digital Age

DARE TO COMPARE? LET'S TAKE A LOOK!

$1 MILLION
$1MIL 30YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 20YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 15YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 10YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow​

$500,000
$500K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250,000
$250K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100,000
$100K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow