Ladder Now Available Through Radius Bank

Radius Bank, “a forward-thinking online bank,” announced the expansion of its digital marketplace to include life insurance offerings through Ladder. The integration allows Radius’ personal banking clients to apply for and, if eligible, obtain a life insurance policy “in a matter of minutes.”

Clients can apply for life insurance with Ladder through Radius Online Banking, the Radius Mobile app or the Radius website. They will then answer a few simple questions within the Radius Bank platform to determine their eligibility, desired coverage amount and length of coverage. Upon completing the application, clients will immediately receive an eligibility decision from Ladder.

“We first introduced our Marketplace in October 2018 when we upgraded our mobile app and online banking platform with the goal to provide our clients one central place to find best-in-class financial products. We are the first FDIC-insured financial institution to bring the benefits of Ladder to consumers and are thrilled to partner with a company that is leading the charge in revolutionizing the insurance industry.” – President and CEO of Radius Bank, Mike Butler.

“Radius is staying ahead of the curve when it comes to understanding what customers need and, more importantly, want for their financial well-being. We are excited to help ensure their customers are covered when they hit major financial and personal milestones like owning a home and starting a family.” – Ladder’s cofounder Jeff Merkel.

Bottom Line: Lemonade is also a partner.