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. Should Seniors Consider Buying Life Insurance?

    Grandfather father and boy taking a picturePeople generally have fewer financial obligations as they get older. A home mortgage might be paid off or nearly paid off; the expense of raising children and putting them through college may no longer be a factor.

    In addition, you may have a substantial amount in your retirement savings.

    So, is life insurance for seniors necessary? Maybe yes, maybe no, although life insurance at any age can be important. You might not need the same level of life insurance as when you were younger, but the risk of not having life insurance may still be greater than the cost of having it. A lot depends on how many loved ones are dependent on you and how much of a safety net you already have.

    Here are a few questions to consider when thinking about buying life insurance for seniors:

    Comments are off for this post
  2. What Expectant Parents Need to Know about Life Insurance

    pregnant woman and man readingAdults usually begin thinking about life insurance once they’re ready to raise a family or after their first child is born, since they want to provide security for their families.

    Here are four typical questions that expectant mothers and fathers frequently ask about life insurance while pregnant:

  3. Lowering the Cost of a Life Insurance Policy

    Young family buying healthy groceriesIs life insurance too expensive? Some people who don’t have life insurance think so.

    However, according to a recent study conducted by Life Happens, a nonprofit organization dedicated to helping consumers make smart insurance decisions, and LIMRA, a worldwide association of insurance and financial service companies, that is actually a misconception.

    Although there are life insurance policies considered “affordable” for most people’s budgets in the United States, the study found that 80 percent of respondents misjudged the price, with millennials overestimating the cost by 213 percent and Gen Xers by 119 percent.

    Because September is Life Insurance Awareness month, we want to help clear up some of the misconceptions about life insurance as well as help you to save you money on your life insurance policy.

  4. 5 Reasons to Have Life Insurance (and Why It Can Cost More Not to Have It)

    top 5 reasons for having life insuranceAccording to the 2015 Insurance Barometer Study by Life Happens and the life insurance association LIMRA, more than 40 percent of Americans don’t have life insurance. That equates to more than 128 million people without coverage.

    Reasons that people give for not having life insurance vary, from “life insurance is too expensive” to “I still have time, I don’t need life insurance yet” to “I don’t know how to get coverage.” However, its purpose remains the same: Life insurance can provide loved ones with financial protection when they need it most, just like automobile insurance, health insurance and home insurance.

    If you don’t have life insurance, here are five reasons for life insurance that you may have not yet fully considered:
    Reasons to have life insurance infographic

  5. How to Benefit from Accident Protection Insurance

    ambulanceAccidents happen every day. They can happen anytime, anywhere, and to anyone. Although it’s virtually impossible to predict when an accident will occur, you can take steps to make sure that your loved ones will be protected should an accident happen to you.

    For example, Gerber Life Accident Protection insurance¹ can financially protect your family in the event of a covered disabling injury or accidental death.

    Comments are off for this post
WB-TPT-F (1015)