There’s never been a better day than today to get life insurance checked off your list. Here are five great reasons why.
As long as there are people depending on you, it’s important to make a plan for them financially in case something were to happen to you. If you weren't around anymore, how would your spouse support the family? Who would pay for your children's college education? Life insurance should be an important part of the plan. Putting it off isn't helping anyone.
As you get older, your risk of dying increases. As a result, the cost of life insurance will go up over time. Feeling healthy? Perfect. Now is a great time to buy.
Getting a life insurance policy used to mean meetings with agents, going back and forth over pricing and paperwork, and waiting. Lots and lots of waiting. Then we launched Fabric. You can apply for life insurance online in minutes, without ever speaking to an agent. It's basically as easy as it gets.
Odds are if you’re a parent who’s putting off getting life insurance, you’re comforted by thinking your friends are in the same boat. But just because your friends haven’t told you they got a policy doesn’t mean they didn’t get it taken care of. Ask someone you trust. Better yet, get life insurance now, tell a friend, and break the cycle of silence once and for all!
Being a great parent starts with checking off the basics. You know the relief you feel when you take care of a lingering chore? That’s the feeling that most of our customers report after discovering how easy we make checking life insurance off the list.
Fabric exists to help young families master their money. Our articles abide by strict editorial standards.
This material is designed to provide general information on the subjects covered. It is not, however, intended to provide specific financial advice or to serve as the basis for any decisions. Fabric Insurance Agency, LLC offers a mobile experience for people on-the-go who want an easy and fast way to purchase life insurance.
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Blame participation trophies or the fact that many millennials entered the job market around the time the Great Recession hit, but millennials sometimes have a hard time shaking a reputation for being stuck in extended adolescence. The truth is, the generation that coined “adulting” as a verb has been grown up for a while now. Most millennials have already seen our 10-year college reunion come and go, or we may face the shock of hearing we’re experiencing a “geriatric” pregnancy (at 35, really?). As your life grows to include more responsibilities and loved ones who depend on you, it’s time to consider whether life insurance might be the right next step.
Top signs of “adulting” include saving money, doing taxes, and signing up for life insurance, according to Fabric’s new research. Read on for more surprising insights.
Accidental Death Insurance policies (Form VL-ADH1 with state variations where applicable) and Term Life Insurance policies (Form ICC16-VLT, ICC19-VLT2, and CMP 0501 with state variations where applicable) are issued by Vantis Life Insurance Company (Vantis Life), Windsor, CT (all states except NY), and by The Penn Insurance and Annuity Company of New York (NY only). Coverage may not be available in all states. Issuance of coverage for Term Life Insurance is subject to underwriting review and approval. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of Vantis Life.
All sample pricing is based on a 25-year old F in Excellent health for the coverage amount shown. All samples are for a 10-year term policy, unless otherwise stated. Term Life Insurance policies (Form ICC16-VLT, ICC19-VLT2, and CMP 0501 with state variations where applicable) are issued by Vantis Life Insurance Company (Vantis Life), Windsor, CT. Coverage may not be available in all states. Issuance of coverage for Term Life Insurance is subject to underwriting review and approval. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of Vantis Life.
A.M. Best uses letter grades ranging from A++, the highest, to F, companies in liquidation. Vantis Life’s A+ (Superior) rating, which was reaffirmed in April 2020, ranks the second highest out of 16 rankings. An insurer’s financial strength rating represents an opinion by the issuing agency regarding the ability of an insurance company to meet its financial obligations to its policyholders and contract holders and not a statement of fact or recommendation to purchase, sell or hold any security, policy or contract. These ratings do not imply approval of our products and do not reflect any indication of their performance. For more information about a particular rating or rating agency, please visit the website of the relevant agency.
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