diff --git a/pkg/features/kube_features.go b/pkg/features/kube_features.go
index 25eb7fedb8c..22d008b214b 100644
--- a/pkg/features/kube_features.go
+++ b/pkg/features/kube_features.go
@@ -427,7 +427,7 @@ const (
 	deprecatedGCERegionalPersistentDisk featuregate.Feature = "GCERegionalPersistentDisk"
 
 	// owner: @MrHohn
-	// alpha: v1.15
+	// beta: v1.16
 	//
 	// Enables Finalizer Protection for Service LoadBalancers.
 	ServiceLoadBalancerFinalizer featuregate.Feature = "ServiceLoadBalancerFinalizer"
@@ -539,7 +539,7 @@ var defaultKubernetesFeatureGates = map[featuregate.Feature]featuregate.FeatureS
 	KubeletPodResources:                 {Default: true, PreRelease: featuregate.Beta},
 	WindowsGMSA:                         {Default: false, PreRelease: featuregate.Alpha},
 	WindowsRunAsUserName:                {Default: false, PreRelease: featuregate.Alpha},
-	ServiceLoadBalancerFinalizer:        {Default: false, PreRelease: featuregate.Alpha},
+	ServiceLoadBalancerFinalizer:        {Default: true, PreRelease: featuregate.Beta},
 	LocalStorageCapacityIsolationFSQuotaMonitoring: {Default: false, PreRelease: featuregate.Alpha},
 	NonPreemptingPriority:                          {Default: false, PreRelease: featuregate.Alpha},
 	VolumePVCDataSource:                            {Default: false, PreRelease: featuregate.Alpha},