SoFi and Prudential Financial Team up to Help Expand Access to Life Insurance for More Americans
Prudential Financial and SoFi launched a partnership making Prudential's SimplyTerm term life insurance available directly inside the SoFi app to its more than 15 million members. The fully digital experience, built and operated by SoFi, offers instant quotes and often allows eligible members to obtain coverage in minutes without a medical exam or lab work.
Key figures
- Pru aum
- $1.6 trillion
- Sofi members
- 15.8 million
- Uninsured or underinsured americans
- nearly 100 million
AI analysis
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