Bestow Life vs Fabric Life Insurance
Bestow Life vs. Fabric Life Insurance: Which Online Policy Is Best for You?
If you’re looking for simple, affordable life insurance that you can apply for online without a medical exam, Bestow and Fabric are two of the most popular choices. Both are designed for busy individuals who want fast approvals, digital convenience, and term coverage they can trust. But depending on your age, family needs, and coverage preferences, one provider may stand out.
Let’s compare these two leading insurtechs.
Life Insurance Calculator
Share This
Customer Reviews
Company Overviews
Bestow Life Insurance
Founded in 2016, Bestow is a fully online life insurance platform that offers term life policies with no medical exams required—backed by North American Company for Life and Health Insurance®, a highly rated insurer in business since 1886.
Fabric Life Insurance (by Gerber Life)
Launched in 2015, Fabric also specializes in digital life insurance and is now part of Gerber Life Insurance Company. It targets families and offers tools like will creation, savings tracking, and joint coverage options—all under one mobile-friendly platform.
Financial Strength & Ratings
| Rating Agency | Bestow (via North American Co.) | Fabric (via Gerber Life) |
|---|---|---|
| AM Best | A+ (Superior) | A (Excellent) |
| Moody’s | Not Rated | Not Rated |
| Standard & Poor’s | A+ | N/A |
| BBB Rating | A+ | A+ |
Verdict: Bestow’s backing through North American Company gives it a slight edge in financial strength, though both are highly reputable and stable.
Policy Types Offered
| Policy Type | Bestow Life | Fabric Life |
|---|---|---|
| Term Life Insurance | ✅ 10–30 year terms | ✅ 10–30 year terms |
| Whole Life Insurance | ❌ Not offered | ❌ Not offered |
| Final Expense | ❌ Not offered | ❌ Not offered |
| No Medical Exam | ✅ Always no-exam | ✅ Always no-exam |
Coverage Options & Flexibility
Bestow:
- Coverage amounts range from $50,000 to $1.5 million.
- Fixed-term policies with no riders or modifications.
- Designed for simplicity and speed—no complex add-ons.
Fabric:
- Offers term coverage from $100,000 to $5 million.
- Includes free tools like will creation and budgeting.
- Policies can be set up jointly for spouses or partners.
Verdict: Bestow is more straightforward; Fabric offers more family-centered features and higher coverage potential.
Underwriting & Application Process
Bestow:
- Entirely online with instant decisions.
- No medical exams ever.
- Uses data like prescription history and motor vehicle records.
Fabric:
- Also 100% online, no medical exam required.
- Application can be completed in under 10 minutes.
- Offers more flexibility for families and joint coverage.
Verdict: Both provide instant approval without exams, but Fabric adds more family-friendly flexibility in the process.
Pricing & Affordability
| Age/Gender | Coverage & Term | Bestow (Monthly) | Fabric (Monthly) |
|---|---|---|---|
| 30-year-old female | $500k / 20 years | $18–$21 | $19–$23 |
| 40-year-old male | $250k / 20 years | $25–$30 | $26–$32 |
| 50-year-old female | $100k / 10 years | $30–$38 | $34–$42 |
Verdict: Bestow tends to offer lower premiums, especially for younger, healthy applicants. Fabric is competitively priced with added features geared toward families.
Alternatives to Consider
- Haven Life – Backed by MassMutual; offers no-exam and medically underwritten term life.
- Ladder Life – Allows you to adjust coverage amounts over time.
- Ethos Life – Offers a mix of term and whole life with no-exam options.
- Sproutt – Uses wellness scoring to recommend life insurance products.
Riders & Customization
| Rider Type | Bestow Life | Fabric Life |
|---|---|---|
| Accelerated Death Benefit | ✅ Included | ✅ Included |
| Child Term Rider | ❌ Not offered | ✅ Optional |
| Waiver of Premium | ❌ Not offered | ❌ Not offered |
| Accidental Death | ❌ Not offered | ❌ Not offered |
| Will Creation Tools | ❌ No | ✅ Yes (free tool) |
Verdict: Fabric provides more features and family-centric options. Bestow keeps it minimal for speed and simplicity.
Best For…
Bestow Life
- ✔️ Young, healthy applicants
- ✔️ People who want pure term life, fast
- ✔️ Individuals who want instant approval with no extras
Fabric Life
- ✔️ Families with children
- ✔️ Couples needing joint policy setups
- ✔️ Applicants who want digital tools beyond insurance
Pros and Cons
Bestow Life Insurance
- ✅ Super-fast application with no medical exam
- ✅ Affordable for healthy applicants
- ✅ Clean, minimal interface
- ❌ No riders or customization
- ❌ Lower maximum coverage than Fabric
Fabric Life Insurance
- ✅ Family-friendly platform with will creation
- ✅ Higher coverage limits
- ✅ Option for spousal coverage
- ❌ Slightly more expensive
- ❌ No permanent life options
Customer Experience & Support
- Bestow: Reviews highlight fast approvals, great user experience, and minimal friction. Less personalized service due to automation.
- Fabric: Well-rated for ease of use, family tools, and joint coverage. Strong mobile app support and helpful educational content.
Final Verdict: Which Life Insurance Company Should You Choose?
If you're looking for a no-frills, low-cost term life policy and want to get covered fast with no medical exam, Bestow is hard to beat—especially if you’re in good health and want a clean digital experience.
If you’re a parent, a couple, or need additional tools like a will or budget planner, Fabric provides a more robust, family-focused platform—even if it comes at a slightly higher premium.
💬 Frequently Asked Questions (FAQs): Life Insurance Comparison – Bestow Life vs. Fabric Life
What types of life insurance do Bestow and Fabric offer?
Do these companies require medical exams?
Can I convert my policy to permanent life insurance?
Are these companies legitimate?
How do their premiums compare?
What factors affect pricing?
How long does it take to get approved?
What information is required during the application process?
What is the maximum coverage amount offered?
Can I customize my policy with riders?
How can I contact customer service?
Do these companies have good customer reviews?
Are there exclusions in their policies?
Can I apply if I have health issues?
Blake Insurance Group
Phone: (888) 387-3687
Email: [email protected]
Hours: Mon-Fri 9:00 am to 5:00 pm
Sat-Sun: Closed
Blake Nwosu
Owner & Principal Agent