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Jan. 24, 2021, 6:00 a.m. EST

This insurance app makes planning your family’s financial future a breeze

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By StackCommerce

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Death is a topic that we often try to avoid, but it’s an unavoidable part of life that we all have to face sooner or later. The real problem is if it comes sooner than later. If an unexpected tragedy were to befall you, you would need to have planned your finances to support your loved ones once you’re gone, especially if you’re a new parent. That’s why life insurance is a vital element when planning your family’s finances.

Fabric does life insurance a bit differently. For one, you could receive coverage in just 10 minutes if you qualify. That’s right. No more waiting to schedule medical exams, blood tests, and sales meetings. Fabric’s proprietary underwriting algorithm can approve many applicants on the spot, and you won’t be charged the high premiums of a comparable “guaranteed issue” no-exam policy. In some cases, applicants may still be asked to provide additional information or take a medical exam but Fabric makes it easy by allowing you to schedule it online. They’ll send a health professional to your home or place of business for free.

All you have to do is apply online or through Fabric’s mobile app. You’ll be asked for your age, gender, state of residence, history of tobacco usage, health, and desired coverage amount. From there, you’ll answer additional questions about your health and activity, such as if you plan on traveling abroad or skydiving in the next year. If everything checks out, you could get approved for a policy almost immediately , and you can keep your loved ones up to date with policy details through the app.

With Fabric’s proprietary system, you’ll never have to deal with pushy sales calls trying to upsell you on things like expensive whole life policies. However, Fabric does have a support team of licensed agents on standby if you need a hand during the application process.

While Fabric is the new kid on the block in the life insurance space, the policies are issued by Vantis Life, a Penn Mutual company that’s rated “A+” for financial strength by A.M. Best. Fabric is also highly rated by users, earning 4.8 out of 5 stars on Trustpilot. As one Trustpilot reviewer puts it, “ Fabric just made it so simple no headaches. ” In other words, Fabric’s friendly user experience and trustworthy policies make for a reliable service that can help support your beneficiaries if the need arises.

Planning your family’s finances is stressful enough without dealing with old-fashioned life insurance agents. Fabric makes planning for the worst easy, and it takes just 10 minutes to apply .

Fabric offers term life insurance policies (Form ICC16-VLT, ICC16-VLT19, and CMP 0501 with state variations where applicable) issued by Vantis Life Insurance Company (Vantis Life), Windsor, CT (all states except NY), and by Vantis Life Insurance Company of New York, Brewster, NY (NY only). Coverage may not be available in all states.

*Issuance of coverage for term life insurance is subject to underwriting review and approval. Not all will qualify for coverage. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of Vantis Life. Fabric Insurance Agency, LLC (FIA) is an insurance agency licensed to sell life, accident, and health insurance products. FIA will receive compensation from Vantis Life for such sales.

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