Ladder
Flexible term life with adjustable coverage up to $8M
How it works
Ladder is a digital-first term life insurance platform offering coverage from $100K to $8M with 10-30 year terms. Its signature 'laddering' feature lets you decrease coverage over time as financial obligations like mortgages are paid off, with premiums dropping proportionally at no cost. Most applicants skip the medical exam for coverage up to $3M. Policies are underwritten by highly rated carriers including Amica (A+ AM Best), Fidelity Security Life, and Allianz.
Is it right for you?
Consider if you
- You want to reduce coverage and premiums as debts are paid off over time
- You are under 60 and want fast no-exam coverage up to $3M
- You value a fully digital application with instant underwriting decisions
Skip if you
- Seniors over age 60
- Anyone wanting whole life, universal life, or policy riders
- People with complex medical histories who may be auto-declined
Your money and data
Ladder is licensed in all 50 states. Quotes use a soft pull and do not affect your credit score. Policies are underwritten by Amica Life Insurance Company (A+ AM Best), Fidelity Security Life Insurance Company (A AM Best), S.USA Life Insurance Company (A- AM Best), and Allianz Life Insurance Company of New York.
Pros & Cons
Pros
- Unique laddering feature lets you reduce coverage anytime with no fees
- Coverage up to $8M with no medical exam required up to $3M
- Premiums locked for the entire term with a 30-day money-back guarantee
Cons
- Term life only — no whole life, universal life, or permanent policy options
- No policy riders or customization — coverage is vanilla term
- Strict algorithmic health screening may auto-decline complex conditions
Pricing details
Term life from $5/month · Coverage $100K-$8M · 10-30 year terms · No fees to adjust coverage
On ladderlife.com · We may earn a commission
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