Ladder Announces Partnership with Eden Reforestation Projects, Commits to Carbon Neutrality
Ladder, the Palo Alto-based insurtech leader, is announcing its commitment to achieving carbon neutrality and debuting a partnership with Eden Reforestation Projects to plant a tree for every new customer.
PALO ALTO, Calif., July 14, 2022 /PRNewswire-PRWeb/ -- "People who get life insurance for their families care about a future that extends beyond them. So do we," said Jamie Hale, CEO and Co-Founder at Ladder. "Climate change has been called the defining crisis of our time by the United Nations. It's in our DNA to do our part to safeguard the wellbeing of future generations."
Starting today, Ladder will be donating a tree for every new customer through its partner, Eden Reforestation Projects. Eden has planted over 500 million trees across formerly deforested areas in 11 project countries to achieve the objectives of reforestation and reducing extreme poverty. The non-profit plants nearly a million trees per day through active partnerships with local communities.
"Trees symbolize life, sustainability, and growth — I couldn't think of a better metaphor for life insurance and for how Ladder has uniquely led in the space, driving sustainable innovation and growth since day one," continues Jamie Hale. "To disrupt an industry, you have to build something enduring."
As part of a broader initiative, Ladder has established a formal Environmental, Social and Governance (ESG) Committee with the charter to build upon Ladder's foundation — its 100% digital application, its commitment to diversity & inclusion, and now, its tree-planting program — to integrate ESG into the company's operations and drive increasingly meaningful impact.
About Ladder
Ladder is the next generation life insurance company. Offering flexible term coverage in minutes that can save policyholders up to 40%*, Ladder uses an all-digital architecture and real-time underwriting to make life insurance as accessible, affordable, and beloved as it should be. The company is headquartered in Palo Alto, CA and offers coverage up to $8M in all 50 states. To learn more, visit ladderlife.com.
Disclosure
Ladder Insurance Services, LLC (CA license # OK22568; AR license # 3000140372) distributes term life insurance products issued by multiple insurers – for further details see ladderlife.com. All insurance products are governed by the terms set forth in the applicable insurance policy. Each insurer has financial responsibility for its own products.
*Savings in premium compared with the same customer maintaining their full coverage amount for the policy term. Savings attained by decreasing coverage every three years over the policy's full term on a $1.4M, 20 year policy. Prices valid as of June 15, 2021.
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Media Contact
Paulina Trujillo, Kickstand Communications for Ladder, 2538860585, [email protected]
SOURCE Ladder
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