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Home / Insurance / Ladder Life Insurance Review 2019 // Term Life coverage All Online ™

Ladder Life Insurance Review 2019 // Term Life coverage All Online ™



When I became a life insurance agent, you could not get life insurance income without an agent calling you.

In the Amazon and Baidu years everything goes online and life insurance is right now

With everything I know about life insurance, it still took me 3 weeks to get a life insurance decision when I decided to get some term life certificate and covered.

During the three weeks, I had to retrieve my records and keep up with the insurer.

If I had waited for my medical office to send in my medical documents, the decision would have taken much longer.

In this review today, I'll show you how Ladder Life's Ladder process works and why it's one of the best ways to buy life insurance online.

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Who is Ladder Life Insurance?

Ladder Life Insurance is a digital insurance agency that has collaborated with Fidelity Security Life Insurance Company and Hannover Re.

Fidelity Security Life has been around since 1969 and has an A.M. Best rating of (A-Excellent), and all policies are reinsured and backed by Hannover Re who has an A.M. Best rating on A + (Superior).

This is an important factor in the case of life insurance, you must know that you can trust an insurance company and that they are financially sound.

I've put their company information in a quote block so you can better see it.

* Disclosure – Ladder has collaborated with the Fidelity Security Life Insurance Company, which has been rated A- (Excellent), based on an analysis of the financial position and operation performance of AM Best Company, an independent analyst in the insurance industry. All Ladder policies are reinsured by Hannover Life Reassurance Company of America, which has ratings from Standard & Poor's AA (Very Strong) and A.M. Best A + (Superior).

Why should you care about A.M. Best?

I like to think about A.M. Best as JD Power in the insurance industry, they have been around for over 117 years.

They count companies that are mainly based on their economic strength, which can be an indicator or ability to pay.

Claims Ability " in plain English ": The ability of a life insurance company to pay out on a policy. What makes Ladder Life so different is that they change the concept of how to manage your life insurance and how to buy it:

Ladder Life is one of the first companies to offer the opportunity to apply for life insurance up to $ 8 million entirely online and without having to consult an agent.

Their system can sign you when you complete your online application for an immediate decision.

They also created a process that they call Laddering that allows a customer to either Ladder Up their coverage or Ladder Down their coverage.

For qualified, healthy individuals, they will also offer immediate coverage.

Ladder your life insurance policy

Ladder Life takes life insurance and turns it on the head.

They have created a process that they like to call Dynamic Life Insurance.

Ladder has streamlined your ability to change your life insurance based on your current life events.

When your first coverage is in place, you can either "Ladder Up" or your coverage or "Ladder Down" your coverage.

  laddering life insurance, lifes life

Charging up your coverage easily:

] Life-changing events are the main reason why people will need to make changes to their insurance plan.

This is very true when it comes to increasing your coverage.

For example:

Let's say you started with $ 100,000 in life insurance for $ 18.00 / month. You get married, and now it's suddenly $ 100,000 not enough coverage.

With Ladder Life you get a quote because we say an extra $ 150,000 in coverage for another $ 11.00 / month.

Ladder would quote you what the additional premium would be, get your degree completed if you need one, and your policy would change from $ 100,000 in coverage to $ 250,000 in coverage.

Your new premium would be $ 29.00 / month and you would have $ 250,000 in coverage.

The reason why this is amazing is that most companies would require you to cancel your previous policy and start from scratch.

If you were to get a baby or buy a new home, you begin to get a picture of how many times you might need to add more coverage.
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