Just about 2 years since our founders left Portland, Fabric is coming home!
Portland is wonderfully human, quirky, and caring in a way that not every place is.
Portland is home. Or it was for the four years my co-founder Steven and I lived there as part of the team that made banking beautiful with Simple. We moved to New York - the financial capital of the world - to re-invent life insurance for families like ours. But a big part of our hearts remains in PDX.
Wunderland, Cascade Barrel Brewing, Coava Coffee, Bluestar and Pip’s; New York claims to have it all, but it doesn’t have those.
It’s hard not to yearn for New Season’s wide aisles when shimmying through our tiny local bodega. And Portland’s compassion is something that we’ve kept with us as one of Fabric’s five values: Compassion, Simplicity, Joy, Velocity, and Exploration. It’s everything life insurance should be but hasn’t been. Fabric is changing that.
For parents like us who’ve thought about life insurance but were put off by the agents, intimidated by the jargon, or couldn’t bear the thought of fitting a weeks-long process into an already activity-packed schedule, Fabric will come as a relief.
We’re excited to share Fabric with you because it was you, our Portland friends, family, and neighbors who helped inspire it. Much love to Portland and our friends at Simple.
We can’t wait to hear what you think. Check it out.
Fabric exists to help young families master their money. Our articles abide by strict editorial standards.
Your may think to name your child as the beneficiary of your life insurance. But naming a minor as a beneficiary could have unintended consequences.
Life insurance companies assess weight as one part of your health profile. Learn how underwriters look at weight and fitness to determine ratings.
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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