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Fabric, which began selling term life insurance in 2017, operates only through its website and mobile app. Gerber’s parent firm, Western & Southern Life Assurance Company, is the insurance provider.

The technique of applying fabric is straightforward and may be done in as little as 10 minutes. No medical exam is required, and you may pick from many different term lengths and purchase substantial amounts of coverage.

Fabric life insurance policies

Customers may get term life insurance from Fabric if they are 21 to 70 years old, and the policies can be in effect for 10, 15, 20, 25, or 30 years. If you are prepared to submit to a medical examination, you can purchase a policy with a face value of up to $5 million; otherwise, you are limited to a face value of $1.5 million. To apply, everyone must complete a health and lifestyle survey.

Because of the policy’s accelerated death benefit rider, you can get a portion of the payment sooner than expected in the event of a terminal illness. Unfortunately, it is now unavailable in the states of California, Florida, North Dakota, South Dakota, New York, and South Carolina.

Fabric’s online and mobile apps serve as entry points for policy applications and account management.

Most applicants don’t need a medical exam, but if one is required, Fabric will cover the cost and send a qualified medical professional to your home or place of business. There will be a few health-related questions as well as a blood sample.

If you’re satisfied with your coverage, you can switch to a permanent plan after your term policy ends. Besides its convertible term policies, Fabric does not provide any other types of whole-life insurance.

Fabric does not try to hide the basics of your policy in the fine print; instead, they tell you exactly what your policy covers and does not cover.

The Fabric app, available on both iOS and Android, is packed with helpful extras. It may be used to draft a will, start a savings account or 529 college savings plan, and coordinate monetary matters (such as 401(k)s with apartner or spouse.


What Do Fabric’s Policies Cost?

Fabric gives three actual persons who had 20-year term life insurance plans as examples.

  • A 29-year-old female in excellent health with $250,000 of coverage: $14.61/month
  • A 35-year-old male in excellent health with $750,000 of coverage: $34.17/month
  • A 42-year-old female in good health with $500,000 of coverage: $41.46/month

You can undoubtedly see the pattern: if you’re young and healthy, your insurance premiums will be lower. As an InsureTech company, Fabric analyzes the level of risk it is assuming by insuring you using algorithms. A proposal is made if the level of danger is minimal. If that’s not the case, humans will have to take a closer look at the program.

Fabric accepts credit and debit card payments for insurance policies, unlike many other providers. This is another excellent option for those who enjoy collecting credit card rewards. If your Fabric account’s payment method ever expires, be sure to make the necessary changes. If you do not make your premium payments on time, your insurance coverage may be terminated.

Life insurance buying guide

Select the sort of life insurance you’re interested in (term vs. whole life) before looking at quotes from different providers. Make a choice on the optional riders for your life insurance policy. Think about how long you want your life insurance policy to last and how much coverage you need. Make sure the insurance companies you’re thinking about can provide the protection you need.

Make sure you are comparing costs for the same level of coverage for the same time period while shopping around. Make sure the policy’s health care criteria are enough for your situation. If you’re shopping around for life insurance but would prefer to forego a medical test in exchange for lower premiums, double-check that each policy’s application procedure reflects your preferences.

In certain cases, the cost might not even be a factor in your final purchase choice. Check the number of customer complaints lodged against each business, since this may be indicative of subpar service.

How Do I Get Started?

To get an estimate and fill out an application, go here.


Fabric’s term life insurance is simple, and the company also provides a number of other services and products meant to safeguard your family as it expands. Even though Fabric is reasonably priced, it is most suited to young individuals and expanding families who may benefit from its long-term planning tools and goods.

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Gavin Mungai 😎
Gavin Mungai Is An Affiliate Marketing Publisher That Gives Honest Reviews On Products & Services.
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