Within the first 30 days of purchase: You can change your coverage amount or term length right from your Fabric account. Use this link to get started.
After 30 days: You can only reduce your coverage amount. This change is permanent and your coverage cannot be increased again later. To reduce your coverage, please provide us with the new, lower coverage amount you’d like. You can reach us by emailing support@meetfabric.com.
The accidental death rider cannot be added after the first 30 days of purchasing your policy.
Coverage Change FAQs
Can I increase my coverage?
If you’re within the first 30 days of purchase, you may be able to increase your coverage, but only up to the maximum coverage amount you were originally approved for. As stated above, after 30 days from purchase, you can only reduce your coverage, which is a permanent change.
Can I change my term length?
You may be able to change your term length within the first 30 days of purchasing your policy. After 30 days, term length changes are not available.
Can I add an accidental death rider?
You may be able to add an accidental death rider within the first 30 days of purchasing your term life insurance policy, if the rider is available in your state and you did not already add it at purchase.
The accidental death rider provides an additional benefit if the insured dies as the result of a qualifying accident. It is optional and is separate from the base term life insurance coverage.
The accidental death rider is not available after the first 30 days.
What is the difference between term life insurance and the accidental death rider?
Term life insurance pays a benefit to your beneficiaries if the insured person passes away while the policy is active, subject to the terms of the policy.
An accidental death rider provides an additional benefit if the insured person dies due to a qualifying accident.
Your term life insurance policy already includes coverage for accidental death, subject to the policy terms. The accidental death rider provides extra coverage for qualifying accidental deaths.
Can I buy additional policies (laddering)?
No. We don’t currently offer the option to buy multiple policies.
Can I cancel my policy and buy a new one?
No. If your policy is canceled, you won’t be able to purchase a second policy at this time.
Can my policy be converted to whole life insurance?
If you purchased your term life policy before September 2022, it may be eligible for conversion to a whole life policy. To learn more or get started, please contact us at support@meetfabric.com.
If you purchased your policy in September 2022 or later, conversion to whole life is not available. Fabric by Gerber Life does not currently offer whole life insurance policies.