A term life insurance policy from Fabric covers death not only from accidents, but also from illnesses.

With term life insurance, if you pass away for a covered reason while your policy is active and in force, a person of your choosing (your “life insurance beneficiary”) will receive a lump sum payment. Your policy will be in force for a predetermined time period, or the “term" length, so long as all premium payments are made.

The term life insurance policy Fabric offers has some common exclusions. For example, your claim could be denied if you commit suicide within two years of your policy’s issue date, or if you misrepresent yourself on your application. The policy does not include any other specific exclusions.

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