What happens when my term ends?

Find out what happens to your coverage after the end of your term

Glenda Bean avatar
Written by Glenda Bean
Updated over a week ago

First, it's important to know that your rates are guaranteed to stay the same during the entire term. After the term ends, the coverage is set to continue automatically, with premium amounts increasing on an annual basis.

These rates are outlined in the policy on the Schedule of Benefits page, which you can download from your Fabric account at any time.

If you do not wish to continue the coverage, you would simply reach out to us and request to cancel the coverage. You will be notified when the term is approaching the end along with the new premium amount.

Did this answer your question?