1. The Gerber Life College Plan vs. 529 Plans: Which one makes the most sense for your family?

    Mortarboard and checkbook with pen

    Preparing for a child’s future is usually a top parental priority. With the price of a college education continuing to rise, many parents are looking for ways to help pay for their children’s college tuition. What are the options?

    Several are available. Finding the option that best suits your family’s needs may seem daunting, as some people find. The early years of your child’s life offer a great opportunity to begin some basic financial planning to help tackle the future cost burden of education.

    Two popular vehicles for putting aside money for college are 529 Plans and the Gerber Life College Plan1. To help you decide which one might make the most sense for your family, here’s a summary of their advantages and how they work:

  2. Benefits of Whole Life Insurance

    Family playing togetherWe know how important life insurance is, and yet more than 40 percent of Americans have no life insurance coverage of any kind, according to the 2015 Insurance Barometer Study by Life Happens and LIMRA.

    Why is life insurance so important? Why might you need it? Could you face greater risk NOT buying life insurance than budgeting for it?

    Here’s a list of the top five benefits of whole life insurance:

  3. Video: Who is Gerber Life?

    Screenshot from video of the Gerber plantSince our launch in 1967 by the Gerber Products Company, “the baby food people,” Gerber Life Insurance has stayed true to the Gerber mission – helping parents to care for their children. Throughout the years, our company and our insurance policies have met the evolving needs of families all over the country.

    It all started with the Grow-Up® Plan1, an affordable whole life insurance policy designed to give kids a powerful head start in life, and has grown to include various coverage options for adults, as well as the Gerber Life College Plan2 – an endowment policy with an adult life insurance benefit that provides a safe and reliable solution for paying for college expenses.

    Our insurance evolves with the generations, but one thing remains constant: We continue to honor the legacy of Dan and Dorothy Gerber through our commitment to help parents care for their children, by providing the peace of mind of knowing that their children can have greater financial security no matter what life has in store.

  4. Do You Need Accident Protection Insurance?

    Ambulance lightsAccidents by their very nature are unexpected and unintentional. When incidents result in injury or worse, the costs associated can often exceed a family’s income. That’s why it’s so important to have some kind of protection in case the unexpected should occur. Accident protection insurance can provide a financial safety net against accidental death or a disabling injury, helping you and your loved ones to pay for out-of-pocket medical expenses, lost wages, and other costs.

    Do you need accident protection insurance? What’s the difference between accident protection insurance and life insurance? Here are some considerations:

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  5. When Should I Consider Increasing My Insurance Coverage?

    Family playing togetherAt some point in your life, you may decide that the coverage amount of your life insurance policy is no longer enough. Things have changed, and you need more coverage for greater peace of mind. That’s normal. People often need to increase their coverage.

    As part of our ongoing blog posting efforts in answering typical questions about life insurance, here are some ways for determining if you should increase life insurance coverage:

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