Ladder to launch in New York in January

Digital life insurance provider Ladder Insurance announced that the LadderLife™ term life insurance product issued by Allianz Life Insurance Company of New York has cleared regulatory approvals and will be offered to New York residents as early as January, marking the completion of its nationwide rollout. New York residents will now be able to enjoy the same quick application process, real time underwriting, and flexible coverage that Ladder has been offering to California since 2017, and to the rest of the country since 2018.

“We are thrilled to soon be available in New York!  New York residents will be able to access our smart, instant application process to get flexible life insurance with no hidden fees. They can apply in minutes and can adjust as their needs change. It has long been our goal to be able to serve families nationwide, and we are excited that the day is nearly here.” – Jamie Hale, CEO and Co-Founder, Ladder.

“This business relationship with Ladder will allow us to provide consumers in New York with a flexible term policy designed to help them manage risk and protect their financial future. We are always looking for new and innovative ways to expand our product offering and the Ladder platform offers consumers a simple and intuitive application process to get the coverage they need.” – Eric Thomes, president of Allianz Life of NY.

Ladder offers policies in New York (policy form # MN-26) that are issued by Allianz Life Insurance Company of New York. Term policies are issued in all other states and DC by Fidelity Security Life Insurance Company, Kansas City, MO (policy form No. ICC17-M-1069 and M-1069. Ladder California license number OK22568).