"In these times of uncertainty, SoFi is committed to helping our members manage their financial needs and navigate their plans for every stage of life," said
The partnership with Ladder is powered by NetLaw, an award-winning online legal document platform, to provide a way for SoFi members to obtain estate planning documents which may be used to draft a will for free. SoFi members can access this benefit from the SoFi Protect life insurance homepage, which will direct them to create an account and follow a step-by-step guide to draft their will. SoFi members will also have the ability to store documents in a secure online document vault and make unlimited revisions to their will. Those who have more complex estate-planning needs, like setting up a trust or power of attorney, will be able to assemble those documents as well, for an additional cost.
"Ladder is all about watching out for those you love," said
In addition to estate planning, SoFi members can also apply for life insurance coverage through Ladder that has competitive pricing, is quick to set up, and easy to understand. Within minutes, members can apply online and, if qualified, have access to immediate coverage.
To learn more about the estate planning benefit, visit the SoFi Protect homepage.
SoFi helps people achieve financial independence to realize their ambitions. Our products for borrowing, saving, spending, investing, and protecting give our more than one million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people. SoFi is also the naming rights partner of
Ladder has reinvented life insurance to offer instant decisions and fully underwritten term policies online. With competitive prices, no hidden fees, and the flexibility to decrease or cancel your coverage anytime. Ladder is on a mission to fuel the resilience of underinsured families and communities by closing the 50 million household life insurance gap. Founded in 2015, Ladder leverages AI and a direct-to-consumer, full-stack approach to make term life insurance as fair and accessible as it can be. Visit ladderlife.com to learn more.
The service available through SoFi is limited to access to estate planning documents, which is not a substitute for legal advice. Some customers will require legal advice to establish an appropriate estate plan. SoFi does not provide legal or tax advice.
SoFi offers customers the opportunity to reach
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