Update 12/15/20: Some people had offers for $5-$15, those offers should now be $25. Hat tip to vc
The Offer
No direct link to offer. Sent out via e-mail, subject line is ‘Would $25 convince you to protect your assets?’
- SoFi is offering $25 when you submit an application for a life insurance quote
The Fine Print
- This Promotion is available to individuals who (1) receive the promotional offer from SoFi, (2) submit an application for term life insurance through Ladder at www.ladderlife.com/sofi, and (3) are not residents of AK, DE, IA, LA, ME, MS, MT, NH, NM, NY, PA, VA, WA, or WV. Once conditions are met, SoFi will mail a $25 check to the address on file, before the end of the next calendar month after the application at www.ladderlife.com/sofi has been completed.
Our Verdict
I can’t tell if you actually need to apply for the life insurance, or just get a quote. Good deal if it’s just a quote, bad deal if you actually need to apply for life insurance. The similar personal/student loan deal only requires checking rates.
Hat tip to reader Mike G