About
Fabric by Gerber (a Western & Southern Financial Group brand) is a comprehensive financial wellness platform designed specifically for parents and families. It brings together three essential financial tools under one roof: affordable term life insurance, custodial kids investment accounts, and legally valid last will & testament creation — all accessible online or via mobile app. For life insurance, families can get a quote in seconds and apply in about 10 minutes. Term premiums are locked in for the life of the policy with no hidden fees and the ability to cancel at any time. Coverage can reach up to $300,000 or more, with example monthly premiums starting around $20/month. The kids investment account leverages the power of compound growth, allowing parents to invest on behalf of children under 15. Contributions as small as $1/day can grow significantly over 18 years, and funds can be used for education, a home purchase, a wedding, and more once the child reaches adulthood. Fabric's free will tool lets any adult legally document their wishes for assets and name guardians for minor children — a critical but often-overlooked step in family financial planning. The process takes about 5 minutes. With bank-level security, live chat support, and a clean mobile experience, Fabric by Gerber is ideal for young families, new parents, or anyone looking to get their financial house in order without the complexity of traditional financial advisors.
Key Features
- Term Life Insurance: Get an affordable term life insurance quote in seconds and apply in about 10 minutes. Premiums are locked in with no hidden fees and coverage can protect your family against major expenses like mortgage, college, and more.
- Kids Investment Account: Open a custodial investment account for children under 15 and harness the power of compounding. Contributions as small as $1/day can grow substantially over 18 years, usable for education, a home, or other milestones.
- Free Will Creation: Create a legally valid last will & testament in about 5 minutes at no cost. Document asset wishes and name guardians for minor children, providing peace of mind for the whole family.
- All-in-One Family Dashboard: Manage life insurance, investment accounts, and estate planning in a single platform with bank-level security, mobile app access, and live human support via phone, email, or chat.
- Affordable Entry Point: Start protecting your family's financial future for as little as $1/day across insurance and investment products, making it accessible for families at any income level.
Use Cases
- A new parent wanting to quickly secure affordable term life insurance to protect their family if something unexpected happens
- Parents looking to start investing early for their child's future education, home purchase, or other major life events
- Families who have been putting off writing a will and want a fast, free, legally valid solution
- Households seeking to consolidate family financial planning — insurance, investing, and estate planning — into a single platform
- Parents who want to name legal guardians for their minor children and document asset distribution wishes without hiring an attorney
Pros
- Truly Free Wills: Unlike most competitors, Fabric offers a fully free, legally valid will creation tool — no subscription or upsell required.
- Everything in One Place: Combining life insurance, kids investing, and estate planning eliminates the need to juggle multiple financial service providers.
- Trusted Brand Backing: Partnered with Gerber Life and Western & Southern Financial Group, Fabric carries the credibility of over 135 years of heritage and 6.5 million customers.
- Fast and Simple Onboarding: Life insurance applications take ~10 minutes, investment accounts ~5 minutes, and wills ~5 minutes — all without needing a financial advisor.
Cons
- Narrow Target Audience: Fabric is designed specifically for parents and families with dependents, making it less relevant for individuals without children or estate planning needs.
- Limited Investment Options: The kids investment account is a custodial account with limited customization compared to full brokerage platforms or robo-advisors.
- Not a Full Financial Advisory Service: Fabric provides tools for planning but does not offer personalized financial advice, tax planning, or comprehensive wealth management services.
Frequently Asked Questions
What is Fabric by Gerber?
Fabric by Gerber is a family financial planning platform that offers term life insurance, custodial kids investment accounts, and free will creation — all in one app, backed by Gerber Life and Western & Southern Financial Group.
Is the will creation really free?
Yes. Fabric's last will & testament tool is completely free with no hidden fees. It takes approximately 5 minutes to complete and produces a legally valid document.
How much does term life insurance cost through Fabric?
Costs vary based on age, health, and coverage amount, but example plans start around $20/month for $300,000 in coverage over a 30-year term. You can get a free quote in seconds on the website.
Who can open a kids investment account?
Parents or guardians can open a custodial investment account for children under 15 years old. The account belongs to the child but is managed by the adult until the child reaches adulthood.
Is my data and money safe with Fabric?
Fabric uses bank-level security to protect your personal and financial information. As part of Western & Southern Financial Group, it operates under established regulatory oversight with over 135 years of financial heritage.
