Ladder Courts Fee-Only Advisors
The web-based life distributor has been focusing on selling coverage directly to consumers.
A web-based life insurance retailer is now seeking relationships with fee-only financial advisors.
Ladder Financial Inc. has offering advisors a new Ladders for Advisors program.
Fee-only advisors can use the program to help clients get term life insurance, Ladder says.
Ladder says it will offer advisors information about life insurance, and a dashboard that will help them see how much life insurance clients have, to verify whether clients have the right amount of coverage.
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Ladder sells term life policies issued by Fidelity Security Life Insurance Company, through an automated, online underwriting process.
The death benefits range from $100,000 to $8 million. The level-premium terms range from 10 to 30 years.
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