To find the answers you are looking for quickly and easily, click on one of the topics below. If you do not find the information you need, email your question to Gerber Life and one of our representatives would be happy to assist you.
The Grow-Up® Plan is whole life insurance for a child that builds cash value. You are the policyowner until your child reaches age 21. At that time, he or she becomes the policyowner.
No. As long as premiums are paid, your child’s whole life insurance coverage will continue. As an adult, your child is guaranteed the option to buy additional life insurance protection at our standard age-based rates, if desired.
Once coverage begins, and as long as the premiums are paid, Gerber Life cannot cancel the insurance for any reason. Only you (or your child at age 21) can cancel the Grow-Up® Plan.
The Grow-Up® Plan accumulates cash value over time. This money is available if ever there is a need for ready cash. As an adult, your child will have the option to turn in the policy and receive the available cash value.
Yes. You can borrow from the cash value, as long as premiums are paid, or turn in the policy and receive the cash value. The interest on any policy loan will accrue daily at the rate of 8% per year as specified in the policy.
The cost of a Grow-Up® Plan varies based on the amount of coverage you choose, your child’s age at the time of your application, and the state where you live. Request a quote to receive the applicable rates for your state. Premiums quoted are our standard premiums.
No! With the Grow-Up® Plan, your premium is guaranteed to stay the same for your child’s lifetime. So, the cost-per-$1,000 of insurance actually decreases when the coverage doubles!
To apply for a Grow-Up® Plan policy for another child, a new application must be completed and submitted. You can do this by filling out the form at the bottom of this page and following the easy instructions.
Yes. A child’s parent, grandparent or permanent legal guardian may apply for the Grow-Up® Plan – a parent’s signature needed only where required by law. He or she will be the policy owner until the child reaches age 21.
You should select the state that you live in when filling out the application.
If the Insured dies by suicide within two years from the Issue Date (one year in ND), the only amount payable by Gerber Life will be the premiums paid for the policy less any debt against the policy.
Term life insurance is one of the most popular types of insurance because it provides protection – and peace of mind – for a specified period of time, also known as a “term.” The rates for a term life insurance policy can be more affordable than many other types of insurance. The Gerber Life Term Life Insurance Plan is available for 10, 15, 20 and 30 year terms.
Absolutely not. With Gerber Life, the amount you agree to pay when your coverage starts is the same amount that you’ll pay throughout the duration of your term life insurance policy.
At the end of the term, there are two options: You can either choose to end the policy agreement or, if you decide your family is still in need of coverage, you can renew your policy agreement at the premium rate for your age at that time – with no physical exam. This is a large benefit for those whose health may have deteriorated during the policy term.
People regularly choose term life insurance because it is often one of the most affordable ways to protect a family from the unexpected death of a parent (the “insured”). Family left behind as “beneficiaries” would have money available to pay bills, final expenses or to plan for future expenses, such as a child’s education.
No medical exam is necessary for a term life insurance policy, in most cases. Coverage is dependent on answers to health questions. A physical may be necessary for cause and for term life insurance applicants age 51 and older who apply for more than $100,000 of coverage. In almost all other circumstances, Gerber Life’s customers will not need a medical exam for a Term Life Insurance Plan.
The financial stability of a company is a critical consideration when choosing insurance providers. You want to know that the company you choose will be there when you need the benefits of the policy. Gerber Life has a long history of being there when our customers need us most. In May 2015, A.M. Best, the impartial reporting firm that rates insurance companies on financial stability, management skill, and integrity awarded Gerber Life an “A” (Excellent) rating. This rating is the third highest awarded out of 13 possible categories. The rating refers only to the overall financial status of the company and is not a recommendation of the specific policy provisions, rates or practices of the company.
A whole life insurance plan offers protection to your family for the length of time you need it, at a rate that is affordable for you. Unlike term life insurance, there is no specific time period associated with the policy. With whole life insurance, you could own the policy for a few years or the rest of your life, as long as you pay the premiums. Another big difference between whole life and term life insurance is that whole life insurance builds “cash value.”
Gerber Life offers a wide range of coverage amounts to protect your family’s financial needs from $25,000 to $150,000. Get a quote today to find out how much coverage you need.
As an option, you can purchase a Waiver of Premium Rider. It's an extra safeguard for you. For example, if you should become totally disabled and that disability continues for at least six months, this rider would offer you additional protection on your policy. Gerber Life would pay your policy premiums and would continue your whole life insurance coverage until you recover.
There are two key reasons that people choose the protection of a whole life insurance plan. One is the ability to hold the policy for as long as desired (as long as you pay the premiums) and the other is the “cash value” that the policy builds.
Absolutely not. With Gerber Life, the amount you pay when your coverage starts is the same amount that you‘ll pay throughout the life of your policy (unless you decide to increase your coverage or the frequency of your payments). The sooner you apply, the lower your starting premium rate, since premiums are based on your age when you apply.
Cash value is money that is set aside by Gerber Life for your future. The longer you hold the whole life policy, the more cash value your policy builds. If a need arises, you can borrow against this money to help cover lost income, mortgage payments, education costs or other expenses, or you can simply leave it as a nest-egg for your children or grandchildren.
Yes. You can borrow money from the cash value that has built up in the policy, as long as all premiums are paid. Interest will accrue on all policy loans.
Policy loan interest rate is 8%.
That's your choice. You can pay back the money plus accrued interest or, if you choose to not pay back the money borrowed, it will simply be deducted when the policy's death benefit is paid, or else deducted from the cash value when the policy is cashed in.
No medical exam is necessary, in most cases. Coverage is dependent on answers to health questions. A physical may be necessary for cause and for applicants ages 51 and older who apply for more than $100,000 of coverage. In almost all other circumstances, Gerber Life's customers will not need a medical exam.
No. Once coverage begins, and for as long as premiums are paid, Gerber Life cannot cancel your whole life insurance policy. You are the only one who has the option to cancel the coverage.
This individual policy, available to you and your spouse, provides cash benefits in the event of accidental death or a covered disabling injury as the result of an accident — 24 hours a day, anywhere in the world.
You can choose your coverage amount – in a $20,000, $35,000, $50,000, $75,000 or $100,000 policy.
Your coverage starts as soon as we receive payment for your first premium.
You can pay by credit or debit card, check or money order. Premium payments that are automatically withdrawn from a bank account will receive an additional discount.
For $5.23 a month, you can have $50,000 worth of accidental death coverage. For $3.66 a month, you can get $35,000 worth of coverage, or for a $2.09 monthly premium, you get $20,000 protection.
No. Once you apply for accident protection insurance, your premium is guaranteed never to go up, due to age or health.
This policy is available to anyone ages 19 to 69. No medical exam is required and there are no health questions to answer. Acceptance is guaranteed.
Gerber Life Accident Protection insurance plan is not available in MA, OK, PA and WA. Not available in Canada.
Guaranteed Life Insurance from Gerber Life is whole life insurance for adults between 50 and 80 years old. Approval is guaranteed, regardless of your health.
Whole life insurance does not have a specified time period of coverage. You can own the policy for a few years or for the rest of your life, as long as you pay the premiums. Whole life insurance also builds "cash value." Cash value is money that is set aside by Gerber Life for your policy, which can be accessed if needed. The longer you own the whole life policy, the more cash value you have in your policy.
Gerber Life offers a wide range of Guaranteed Life coverage options from $5,000 to $25,0001. Coverage is available in $1,000 increments. Our friendly representatives can help you determine the coverage that best suits you and your family.
1 South Dakota residents, maximum coverage of $15,000.
If you qualify, Social Security will pay $225 toward your final expenses. That is just not enough – the average cost of a funeral can run as high as $10,0002. Guaranteed Life Insurance from Gerber Life can be a smart choice to help offset these high costs.
2 NFDA 2015 General Price List Survey. National Funeral Directors Association.
Absolutely not. With Gerber Life, the amount you pay when your Guaranteed Life coverage starts is the same amount that you'll pay throughout the life of your policy. The only time your premiums may change is if you decide to increase your coverage or the frequency of your payments.
The Gerber Life Guaranteed Life Insurance policy comes with a graded death benefit limitation. It applies to the first two years of coverage when the policy is issued. If death occurs within the first two policy years for any reason other than an accident, all premiums plus 10% interest shall be paid to the beneficiary. If death is due to accidental causes within the first two policy years, the full death benefit shall be paid to the beneficiary.
After the two-year Graded Period, if the insured dies for any reason, the full face amount of the policy shall be paid to the beneficiary. If the insured dies by suicide within two years from the Issue Date, the only amount payable will be the premiums paid for the policy plus 10%, less any debt against the policy.
Yes. Under current Federal law, the benefits are not subject to Federal tax if paid to a named beneficiary.
No medical exam is necessary for the Gerber Life Guaranteed Life Insurance policy. The only condition for becoming a Guaranteed Life policy owner is that you are between 50 and 80 years old. Your acceptance—regardless of your health—is guaranteed.
No. Once coverage begins, and for as long as premiums are paid, Gerber Life cannot cancel your Guaranteed Life Insurance. Only you have the option to cancel the coverage.
The Gerber Life "free look" feature gives you 30 days to examine and accept your Guaranteed Life Insurance whole life policy. If you decide that you no longer want the safety and coverage that your policy offers, simply return it for a full refund of all premiums that have been paid.
There are three main differences between the Gerber Life College Plan and a 529 plan.
The rate of return varies depending upon your specific policy, its duration, and your billing frequency. For further details about your specific policy's rate of return, please call us at 866-503-4487.
Unlike a standard bank savings account, the Gerber Life College Plan can guarantee how much money you'll have after 10 to 20 years (as long as premiums are paid) and can give you the added benefit of adult life insurance protection. So, should something happen to you — the full amount of your policy is paid as a death benefit to whomever you select as beneficiary.
The amount you'd get back depends on when you stop paying and surrender your policy. If you are past your policy's midway point (for a 10-year policy, the midpoint is about five years), you would get back all of the money you paid in.
The Gerber Life College Plan will generate some taxable income, Gerber Life Insurance will send you a statement (Form 1099) to file with your taxes.
Yes. Gerber Products, the baby food people, founded Gerber Life Insurance Company in 1967. Gerber Life is a financially separate affiliate of Gerber Products and has shared in their tradition of helping parents to raise happy, healthy children.
Gerber Life Insurance Company was founded in 1967.
Gerber Life, which does business in the U.S., Puerto Rico, and Canada, has more than $45 billion of life insurance in force and insures more than 3 million policies. Source: Gerber Life 2013 Annual Statement.
A.M. Best, the impartial reporting firm that rates insurance companies on financial stability, management skill and integrity, has awarded Gerber Life an "A" (Excellent) rating, most recently in May 2015. It refers only to the overall financial status of the company and is not a recommendation of the specific policy provisions, rates or practices of the company. This rating is the third highest awarded out of thirteen possible categories.
The home office of Gerber Life Insurance Company is located in White Plains, New York. The Operations Division, responsible for issuing all policies and processing benefit payments is in Fremont, Michigan…home of the Gerber Products Company.
Gerber Life is a licensed insurance company in all 50 states, Washington D.C., Canada and Puerto Rico. It is important to note, however, that some Gerber Life policies are not available in all areas. To find out more, refer to the specific policies descriptions elsewhere on the site, or email your specific question. A customer service representative will reply within 24 hours.
The answer will depend on many factors and only you can determine what is right for you or your family members. For help, click here to learn more about the available options.
Gerber Life eService allows policy owners to manage their policies wherever and whenever they choose (with an internet connection, of course).
When you enroll in eService, you can:
eService is available to policy owners with an active Gerber Life policy.
Once your policy is issued (or approved) by Gerber Life, you are eligible to enroll in eService.
Enrollment is simple and will take less time than addressing an envelope and finding a stamp! To expedite the process, please have your premium notice and banking information available.
Your User ID and password are active immediately following enrollment. We will send you a confirmation email when you've successfully enrolled in eService.
Please contact our Customer Service Center at 1-800-253-3074.
Once enrolled, you can start making payments as soon as you have a bill due.
You can pay your Gerber Life bill through eService using a checking/savings account or debit/credit card. Simplify future payments by storing your account information online!
You will continue to receive a paper bill to the address listed on the policy, unless you enroll in either Paperless Billing (eBill) or automatic payments. We will also send you email reminders if you are enrolled in eBill or automatic payments.
Automatic Payments enables you to have your premiums automatically deducted from your payment account. Setting up Automatic Payments using your checking or savings account can also save you up to 10% on your premium bills!
If enrolled in Paperless Billing (eBill), we will replace the hardcopy premium notices with email reminders when your premium is due. You can then log into your eService account to submit your payment. To ensure our email reminders reach you, we will ask that you validate your email address during the enrollment process.
Yes. Gerber Life offers you the flexibility to change the due date of your premium payments based on your individual needs. This puts you in control of your payment due date, allowing you to select a new day of the month.
Yes, you can schedule payments as well as edit a scheduled payment up to the day of your scheduled transaction.
No. You can save up to 5 payment accounts in your eService profile.
You can either add all of your policies when enrolling in eService or you can add them later within your account. To add more once enrolled, go to the "My Policies" tab and then click "Add Policies."
Any changes to your policy or payments submitted will be processed by the evening of the following business day.
To retrieve your User ID or reset your password, simply send us an email.
If you need to update your postal mailing address, email address or phone number, select "My Policies" and scroll down to the "Policyholder Details" section. This will update the contact information for ALL policies within your eService account.
To update your beneficiary, go to "My Policies" and select "Manage This Policy", followed by the "Update" button next to Beneficiary. Once the form is completed you will be prompted to download a PDF to print, sign and mail your Change of Beneficiary Form.
Go to "My Policies" and select "Manage This Policy". Scroll down to the "Loan Details" section to see if your policy is eligible for a loan. Depending on the type of policy you have and how long it has been active, you may or may not have this option.
Our eService site is available on desktop and mobile devices. We support most internet browsers.
Yes. Your information is password protected and all of your transactions are secure within eService.