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Wills & Estate Planning

Announcing Fabric Vault, a Free and Essential Financial Security Product for Parents

By Adam Erlebacher Feb 12, 2019

For a long time, my partner and I talked about writing a list of our financial accounts in case something happened to either of us. That way, we would have an easy list of where to find all our assets, especially during a stressful time.

We have two little kids, so having access to that information would be critical in an emergency. But a paper list would quickly get out of date or lost, and my dresser drawer isn’t all that secure. I wanted to help solve this problem for my family, and as we’ve dug into other parents’ experiences we’ve found that there are millions of other families who share this problem, too.

That’s why I’m proud to announce that today Fabric is launching a revolutionary and free new financial security product for couples and parents called Fabric Vault.

screen shot - Fabric Vault - starting page

Fabric Vault gives you and your spouse a quick and secure way to let each other know what checking, savings, investment, 401(k), life insurance and credit card accounts you have—in case the unexpected happens.

Fabric Vault is the simple way for you and your partner to get organized.

It is designed to help you and your partner organize important financial information and give you simple steps to help protect your family’s financial future. We have been using it here at Fabric, and we’re excited to share it with you, too!

Until now, the right tools haven’t existed for couples to take control of their finances. Over 4 in 10 couples would struggle to locate financial information and accounts (like bank accounts or 401(k)s), according to a recent Fabric study conducted by YouGov among couples aged 30-50 with kids under 18.

screen shot - Fabric Vault - link accounts

Fabric Vault is easy to set up, and uses 256-bit encryption to secure your data during transmission and storage.

Fabric Vault offers a simple way for you and your partner to get organized, and a clear path to helping protect your family's financial future.

You have total control over what you share. And your Fabric Will and Fabric life insurance policies will connect automatically to your Fabric Vault, making it easy to share important information with the people who need to know.

screen shot - Fabric Vault - share your Vault

Fabric Is a One-Stop Shop for New Parents

When you start a family, everything changes. That’s why we’ve built a suite of powerful tools and products to help new parents get organized and secure their family’s financial future.

In addition to Fabric Vault, we offer Fabric Wills, a free way to create a last will and testament, which has been used by tens of thousands of families. We also offer a simple and affordable term life insurance policy that you can get in minutes.

Fabric’s policies are issued by Vantis Life, a life insurance company founded in 1942 that is rated “A” for financial strength and claims-paying ability by A.M. Best. (Here's more about how life insurance ratings agencies work.)

Ready to get started? Try Fabric Vault now.

Methodology for Our Primary Research

Fabric worked with YouGov Plc to conduct a survey using an online interview administered to members of the YouGov Plc panel of 1.2 million individuals who have agreed to take part in surveys. Emails were sent to panelists selected at random from the base sample. The email invited them to take part in a survey and provided a generic survey link.

Once a panel member clicked on the link, they were sent to a survey that they are most required for, according to the sample definition and quotas. (The sample definition could be "US adult population" or a subset such as "US adult females"). Invitations to surveys don’t expire and respondents can be sent to any available survey.

The responding sample is weighted to the profile of the sample definition to provide a representative reporting sample. The profile is normally derived from census data or, if not available from the census, from industry-accepted data.

Fabric exists to help young families master their money. Our articles abide by strict editorial standards.

Fabric by Gerber Life exists to help young families master their money. Our articles abide by strict editorial standards.

Information provided is general and educational in nature and is not intended to be, and should not be construed as, financial, legal, or tax advice. Laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of this information. Federal and state laws and regulations are complex and are subject to change. We make no warranties with regard to the information or results obtained by its use, and disclaim any liability arising out of your use of, or reliance on, the information.

Fabric by Gerber Life offers a mobile experience for people on-the-go who want an easy and fast way to purchase life insurance.

Written by

Adam Erlebacher

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© 2023 Gerber Life Agency, LLC

Term Life Insurance Policy Series ICC22 2205-4004 WSA and Accelerated Death Benefit Rider policy series ICC22 2205-2623 WSA (and state variations where applicable) issued by Western-Southern Life Assurance Company, Cincinnati, OH which operates in DC and all states except NY, and distributed by Gerber Life Agency, LLC using Fabric Technologies. Gerber Life Agency, LLC is an affiliate of Gerber Life Insurance Company (est. 1967). All are members of Western & Southern Financial Group (Western & Southern). 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. Product provisions, availability, definitions and benefits may vary by state. Payment of benefits under the life insurance policy is the obligation of, and is guaranteed by, the issuing company. Guarantees are based on the claims-paying ability of the issuer. Products are backed by the full financial strength of the issuing company.

All sample pricing is based on a 30-year old F in Excellent health for the coverage amount shown and a 10-year term policy, unless otherwise stated. Gerber Life Agency, LLC (GLA) is an insurance agency licensed to sell life insurance products. GLA will receive compensation from Western-Southern Life Assurance Company for such sales. The NAIC Company Code for Western-Southern Life Assurance Company is 92622.

Western-Southern Life Assurance Company's A+ Superior A.M. Best Rating: Superior ability to meet ongoing insurance obligations (second highest of 13 ratings; rating held since June 2009). Ratings are subject to change from time to time. The ratings shown here are correct as of 09/03/2022. For more information about a particular rating or rating agency, please visit the website of the relevant agency.

Plan like a parent. is a trademark of Fabric Technologies, Inc.

Gerber Life is a registered trademark. Used under license from Société des Produits Nestlé S.A. and Gerber Products Company.

In the State of California, Gerber Life Agency, LLC is known as and does business as Gerber Life Insurance Agency, LLC.