For some of our customers, we need to get a little more information to offer them their best price. With Ladder’s temporary coverage, they can be covered while we finish the underwriting process. That’s why we offer temporary insurance.

Temporary coverage works the same way as typical term life insurance -- it’s just for a shorter duration. It lasts for 85 days in every state except New York; there temporary coverage lasts 120 days.

If a customer passes away during the temporary period, their beneficiaries will receive the payout as if it were a term life policy. And the best thing is that it’s risk-free -- if the customer chooses to refuse their term life offer, they will be refunded on all the payments made towards their temporary coverage. It’s just one of the ways we’re making life better.