We believe every family deserves a secure financial future. And today we're thrilled to be launching a category-creating app designed to help parents tackle their long-term financial must-do lists. As busy parents working alongside other busy parents, it became obvious to us that today’s dusty old products and tools weren’t cutting it, so we built this app for you (and for ourselves).
It launches today on the Apple App Store, with Android coming soon.
Unlike budgeting apps that help you manage your daily finances, the Fabric app aims to fill a clear need that parents have when planning for their family’s long-term financial well-being.
The Fabric app allows you to apply for term life insurance straight from your phone, create a free will in about five minutes, and collaborate with your spouse or partner to build a shared list of financial accounts and important documents, all in one place. Parents can also easily coordinate with beneficiaries, children’s guardians and more—right from the app. Our insurance policies are issued by Vantis Life, currently Rated “A+” (“Superior”) for financial strength by A.M. Best and wholly owned by Penn Mutual (Est 1847).
Starting a family can feel like a huge leap of faith. You’re never quite ready. Then all of a sudden, you’re responsible for a little human who didn’t come with an instruction manual. To make things harder, as parents we need to think ahead to protect our family’s future. We need to see around corners. But it’s hard to know where to begin.
We started Fabric to help you begin. Our goal is to help you tackle your parent must-do-list—the things you know you should be doing, but haven’t yet. They may feel intimidating, so you put them off, but it doesn’t have to be that way.
We’ve worked really hard to make tackling your to-dos procrastination-free. Get the app and let us know what you think!
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Fabric Instant is an Accidental Death Insurance Policy (Form VL-ADH1 with state variations where applicable) and Fabric Premium is a Term Life Insurance Policy (Form ICC16-VLT and CMP 0501 with state variations where applicable). Policies are 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 Fabric Premium 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.
Plan like a parent. is a trademark of Fabric Technologies, Inc.