The Gerber Life Parenting Blog

Insurance for Families

Things to consider when choosing life insurance

With the many options available for family life insurance you may need someone to help you understand the different choices and terminology. Gerber Life takes the guesswork out of family life insurance with articles that answer such questions as, "How does life insurance work?" and "How do I get life insurance?" Whether you're looking for a policy for an infant, child, adult or senior, we've got you covered when it comes to answering your questions about life insurance.

  1. How Does Gerber Life Determine the Premium Rate for my Life Insurance Policy?

    April 22, 2014

    Multi-Generational Family PortraitMany factors contribute to what kinds of life insurance a family purchases and how much is spent. Young families may peg life insurance protection as a budget must-have, to have some financial security should the primary breadwinner die prematurely. Families on a budget may want to pay their insurance premiums monthly, as the paycheck comes in. In the same vein, many factors contribute to how insurance companies establish insurance rates.

    How are premium rates determined for life insurance?

  2. The Pros and Cons of Term Life and Whole Life Insurance

    April 10, 2014

    Mother Giving Children Piggyback RideAs a parent or grandparent, choosing the right kind of insurance for your family’s needs is an important part of preparing for the future. There’s a feeling of security in knowing that you have enough coverage to provide your beneficiaries with adequate benefits.

    Two common kinds of life insurance – term life and whole life – have advantages and disadvantages. Read on to gain insight into how each kind works.

  3. Understanding Return of Premium Life Insurance

    March 13, 2014

    Family Researching InsuranceReturn of Premium Life Insurance is a combination of Term Life and Whole Life insurance. It’s similar to a Term Life policy in that you pay for coverage for a pre-selected number of years (referred to as a “term”). However, if you outlive the term of the policy, every cent you paid into the policy will be returned to you – guaranteed. The premiums are higher for life insurance with return of premium than for Term Life policies, and you can minimize your monthly premium by choosing a longer period of coverage.

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  4. Will a Down Economy Affect My Child’s Grow-Up® Plan?

    March 5, 2014

    Broken Piggy BankYou hear it in the news every day – the U.S. economy has yet to fully rebound from the “Great Recession” of 2008-2009. Although every family’s situation is different, many people are still dealing with the leaner and meaner economic realities of post-recession years.

    The employment market remains tight and families feel the pressure of keeping up with the expenses of day-to-dayliving. Yet family budgets need to address not only today’s demands, but also financial goals for the future.

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  5. Why Would I Choose the Grow-Up® Plan?

    February 19, 2014

    Toddler Taking First StepsAdults buy life insurance to protect loved ones who depend on them for support. But what about young children and babies? No one depends on their support, so do they need life insurance?

    Getting life insurance for your children while they are still infants can be a smart idea and a forward-thinking decision. With the Gerber Life Grow-Up® Plan1, the coverage you buy now can help ensure that your youngster has the opportunity to stay protected years into the future. You can start Grow-Up® coverage for children as young as 14 days old, and you can lock in a low childhood premium rate that your child could keep for life.

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