Life Insurance policy overview
Gerber Life offers five different products which provide a wide range of protection. The descriptions below will help you decide which life insurance policy is the best choice for you or your loved ones.
The GROW-UP® Plan
At Gerber Life, we understand you want to give your child every advantage possible. The GROW-UP Plan is a simple and budget minded way to start. For less than $1 a week, you can give your child a lifetime of life insurance protection worth at least $5,000. Your thoughtfulness today will help your child be better equipped for adult responsibilities tomorrow.
Term Life Plan
The Gerber Life Term Life Plan provides a reliable, affordable way to help you protect your family’s financial future. You choose the coverage and term that meets your needs—$25,000, $50,000, $75,000 or $100,000—for 10, 15, 20 or 30 years. You choose the plan that works for you and your budget.
Whole Life
If you’re looking for insurance coverage that builds cash value, consider Whole Life. Available to adults age 18-65, Whole Life builds cash value that will grow with time. You’ll be protecting your family, plus getting the added benefits of a whole life insurance policy.
Guaranteed Life Burial Expense
No one wants to be a financial burden on those they love. But, unless you make preparations, your family could be faced with an unexpected funeral bill of more than $7,000.* That’s why Gerber Life developed the Guaranteed Life Burial Expense plan. It makes it easy for you to obtain life insurance to help cover your burial expenses—and more.
*Federal Trade Commission. "Funerals: A Consumer Guide." June 2000, Adjusted using the Bureau of Labor Statistics CPI for 2005.
Accident Protection
The Gerber Life Accident Protection Plan gives immediate cash benefits of $20,000, $35,000, $50,000, $75,000 or $100,000 in the event of accidental death or disabling injury. Once you apply, your rate is guaranteed never to increase—no matter what your age or health. This plan is for an individual or spouse, and is available to anyone ages 19 to 65. Accident Protection is guaranteed issue.
