What happens when my term ends?
During your term, your premium is guaranteed to stay the same.
When your term ends, your policy will automatically continue, but your premium will increase—typically on an annual basis—up to the maximum age outlined in your policy.
What to expect after your term
Your coverage continues automatically (no action required)
Your premium will increase each year
Updated rates are based on your policy and outlined in your Schedule of Benefits
You can access your policy documents at any time from your Fabric account.
Your options
When your term is approaching its end, we’ll notify you in advance.
At that point, you can:
Keep your coverage (with the updated premium), or
Cancel your policy if you no longer need coverage