At Ladder, policies are available for purchase for people who are between the ages of 20 to 60 years old. However, there are some restrictions related to the length of term you can purchase. Your current age plus the term length cannot exceed 70 years. For example, if you are 55 years old, the longest term we can offer you is for 15 years. (Please keep in mind that if you are within six months of your next birthday, you will be underwritten at the age of your nearest birthday. For example, assuming it’s January, a 49-year-old with a birthday in March would be considered 50 in the eyes of underwriters.)

As you can see, depending on your age, you may qualify for a 10-year term or a 30-year term. The benefit of choosing a Ladder product is that you can scale down the face amount over time. So, no matter the term length you can save money over time with Ladder.

Here’s a simple chart to demonstrate.