WEA Member Benefits Partners with Ladder to Offer New Online Term Life insurance for PK-12 Public School Employees
WEA Member Benefits Partners with Ladder to Offer New Online Term Life insurance for PK-12 Public School Employees
MADISON, Wis., June 11, 2024 /PRNewswire/ — WEA Member Benefits, a Wisconsin-based company that focuses on providing personal insurance and retirement and investment programs for public school employees and their families, has announced a new partnership with Ladder. This partnership will allow PK-12 public school employees nationwide to access term Life insurance policies through an easy online application process.
The collaboration with Ladder enables public school employees and their families to purchase low-cost term Life insurance policies ranging from $100,000 to $8 million for terms between 10-30 years. One of the unique features of policies offered through Ladder is the ability for individuals to adjust their coverage as needed, a concept known as “laddering.”
Dave Kijek, President and CEO of WEA Member Benefits, expressed the importance of providing convenient and affordable Life insurance protection for public school employees. He highlighted the ease of the online application and underwriting process, with most educators being able to secure coverage in less than 15 minutes.
Life insurance plays a crucial role in ensuring financial stability and well-being for families, particularly in the event of an unexpected loss of income. With the cost of living on the rise, having Life insurance coverage can provide peace of mind and financial security for loved ones.
For more information on the Life insurance offerings through Ladder and WEA Member Benefits, individuals can visit weabenefits.com/lifeinsurance.
About WEA Member Benefits:
WEA Member Benefits has been supporting Wisconsin public school employees in achieving their financial goals for over 50 years. Operating as a trust, the company reinvests profits back into programs that benefit participants, with a focus on high-quality and competitively priced products. With a strong customer retention and satisfaction rate, WEA Member Benefits continues to prioritize meeting the needs of those they serve.
About Ladder:
Ladder is a digital Life insurance services company that offers flexible term coverage in minutes, with the potential for policyholders to save up to 40% over time. Headquartered in Palo Alto, CA, Ladder provides coverage up to $8 million in all 50 states. The company’s all-digital architecture and real-time underwriting make Life insurance accessible, affordable, and user-friendly.
Ladder Insurance Services, LLC distributes term Life insurance products issued by multiple insurers. All insurance products are governed by the terms set forth in the applicable insurance policy, with each insurer bearing financial responsibility for its own products.
To learn more about the partnership between WEA Member Benefits and Ladder, visit the original press release here: https://www.prnewswire.com/news-releases/wea-member-benefits-partners-with-ladder-to-offer-new-online-term-life-insurance-for-pk-12-public-school-employees-302169852.html
SOURCE WEA Member Benefits
In conclusion, the partnership between WEA Member Benefits and Ladder represents a significant step in providing accessible and affordable Life insurance options for PK-12 public school employees and their families. With the convenience of online applications and flexible coverage options, this collaboration aims to enhance financial security and peace of mind for educators across the country.