Ladder Life
Parent Rankings Score
8.8/ 10 · Editorially reviewed
Adjust your coverage as your family's needs change
From $25/month
Why We Like It
Ladder's ability to adjust coverage up or down is genuinely unique and valuable for young families whose financial picture will change significantly over the next two decades. Had a second child? Increase coverage. Paid off the mortgage? Ladder down and save.
Editor's Verdict
Best for Flexibility in life insurance.
8.8/10
Pros & Cons
Pros
- Unique ability to increase or decrease coverage at any time
- Coverage up to $8M — highest maximum among online-first insurers
- Competitive rates with fully online application
Cons
- Laddering coverage up requires new underwriting review
- No riders or supplemental products
Score Breakdown
Safety
9.4
Value
9.1
Ease
9.3
Quality
9.0
Overall Score
8.8
Insurers were evaluated on term life rates for healthy 35-year-olds, application ease and speed, financial strength ratings, coverage flexibility, and customer claims satisfaction.
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