Life insurance built to be instant, simple, and smart.
5 years ago
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VC at Shrug Capital
This is interesting -- getting a life insurance quote by entering your age, height, weight, and if you 🚬 or not. No agents 💫
how does what Ladder Life for calculating an insurance premium to charge compare to what companies with agents do? Both rely on algorithms, I assume?
yup Ladder's current algorithms for computing a quote are pretty similar to what existing companies do. Where Ladder really shines is providing the unique ability to go from a quick quote to instant coverage in 5 minutes. Industry average is closer to 6 weeks. 🐢