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Why Ladder?
Apply for life insurance coverage in minutes and get a decision instantly. As your life changes, you can always decrease or cancel your coverage with a couple of clicks. No fees, no hassle.
Flexible coverage
Get coverage that ranges from $100K to $8M and 10 to 30 years. Adjust at any time.
Great rates
Ladder offers competitive insurance rates for the coverage that’s right for you.
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Get your quote and apply in minutes. Medical tests are not required for eligible applicants.1
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How to get life insurance:
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Life Insurance FAQs
Term life insurance is life insurance that provides coverage at a fixed price for a specific period of time. As such, it is often less expensive than permanent life insurance products that typically cover you for the entirety of your life. To find out more about term life and other helpful articles, visit Ladder’s Knowledge Center. You can also reach out to their helpful experts with any questions at 1-855-622-0299.
Life insurance is a contract that provides your loved ones with a lump-sum, tax-free payment, known as a death benefit, after you pass away. In exchange for your regular premium payments, it acts as a financial safety net to help your family cover expenses like mortgage payments, college tuition, or daily living costs.
Whole life insurance is a type of permanent life insurance that provides coverage for your entire life and also builds a cash value that you can borrow against. Unlike term life insurance, which only covers you for a specific period, a whole life policy doesn’t expire and its premiums typically remain the same.
No, the death benefit from a life insurance policy is paid out to your beneficiaries almost always 100% income-tax-free. This is one of the most significant advantages of life insurance, as it allows you to pass on money to your loved ones without creating a tax burden for them.
Life insurance works in a few simple steps: you purchase a policy and pay regular premiums to keep it active. If you pass away while the policy is in force, the insurance company pays the predetermined death benefit to the person (or people) you named as your beneficiary. They can then use that money for any purpose.
The cost of life insurance varies widely but can be surprisingly affordable, especially for young, healthy individuals. Your specific premium is based on factors like your age, health, lifestyle (e.g., smoking), and the type and amount of coverage you choose. A healthy 30-year-old, for example, might find a significant term policy for less than $30 a month.
Life insurance provides a cash payout that your beneficiaries can use for any financial need without restriction. Commonly, life insurance covers everything from immediate expenses like funeral costs to long-term needs like replacing lost income, paying off a mortgage, funding college education, or simply providing a financial cushion during a difficult time.
Life insurance needs vary from person to person. Calculate your needs by using this life insurance calculator.
You can speak with Ladder’s helpful experts by calling 1-855-622-0299. They are licensed, but not commissioned agents that can answer any questions you might have.
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