Ladder Launches Life Insurance Product in New York

Today, Ladder Insurance Services, LLC, (Ladder) announced that the LadderLifeTM term life insurance product issued by Allianz Life Insurance Company of New York (Allianz Life® of NY) will be offered to New York residents, marking the completion of its nationwide rollout. New York residents will now be able to enjoy the same quick insurance 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. New York is one of the most expensive states in which to live. In its recent ranking of America's Top States for Business which rates all 50 states based on an index of average costs for basic items from groceries to housing, CNBC ranked New York as the third most expensive when it comes to cost of living– housing prices in Manhattan are estimated to be the most expensive in the nation.