Skip to main content

How to Start a Gerber Life Insurance College Plan in Three Easy Steps

2 min read
Mom and son wearing striped shirts smiling while doing homework assignment in cozy room at home.

The Gerber Life Insurance College Plan is an endowment life insurance policy that provides a guaranteed payout* at maturity that can be used for college expenses or for anything else, without penalty. You choose the time frame and the payment amount, so you’ll know exactly how much money will be available upon maturity.

How it works

The Gerber Life Insurance College Plan provides stable growth for your money, culminating your pre-determined payout* that can range from $10,000 to $150,000. To reach your goal, you'll pay the same monthly premium over a set period of years. Should you die before the Gerber Life Insurance College Plan reaches maturity, your child (as beneficiary) will receive a payout* equal to the full amount you had intended.

How easy is it to start a Gerber Life Insurance College Plan for your child or grandchild? Its a snap, really. You can apply online at gerberlife.com, or call a Customer Service representative at 866-503-4487 and apply over the phone, or ask the representative to mail you an application, for you to fill out and return.

The steps to apply

Whether you apply for a Gerber Life Insurance College Plan electronically, by phone or by mail, here are the three easy steps to start the process:

  1. Choose a fixed monthly payment amount (your premium) that suits your budget.
  2. Determine when you will need the money, between 10 and 20 years from now, depending on when your child will be ready for college.
  3. Decide how much money you would like to have in the Gerber Life Insurance College Plan upon maturity, for a payout* between $10,000 and $150,000.

The Gerber Life Insurance Company offers the Gerber Life Insurance College Plan as a secure and affordable way to plan for college that will never lose value due to economic downturns.

Another benefit is that if your child or grandchild decides not to pursue a college education, that’s not a problem. The money can be used for any purpose at all, not just college, and without penalty or strings attached.

Its as easy as one, two, three to help launch your child’s future. Ready to get started?

Was this article helpful?
100%
0%
View All Child Life Insurance Articles

Swipe to see our products & get a free quote

Term Life
Term Icon

Term Life Insurance

Adults 18-70

Flexible coverage at a price that’s right for you.

Whole Life
Whole Icon

Whole Life Insurance

Adults 18-70

Keep it for life and build cash value.

Guaranteed Life
Guaranteed Icon

Guaranteed Life Insurance

Adults 50-80

Coverage for adults between 50 and 80 years old.

Accident Protection
Accident Icon

Accident Protection

Adults 18-69

Help protect loved ones without busting your budget.

Grow-Up
Grow-Up Icon

Grow-Up® Plan

Children 14 and under

Valuable protection that grows with your little one.

College Plan
College Icon

Gerber Life Insurance College Plan

Children 18 and under

Safe, secure and easy way to help pay for college.

Term Icon

Term Life Insurance

Get a free instant quote

Your quote

spinner sprite icon

Get a Free Quote

Have you used tobacco? *

* Indicates required field
** Currently not available in Delaware, District of Columbia, New York, or North Dakota

Still want to learn more, view our product page for more information.

Whole Icon

Whole Life Insurance

Get a free instant quote

Your quote

spinner sprite icon

Get a Free Quote

Have you used tobacco? *

* Indicates required field
** Currently not available in Delaware, District of Columbia, New York, or North Dakota

Still want to learn more, view our product page for more information.

Guaranteed Icon

Guaranteed Life Insurance

Get a free instant quote

Your quote

spinner sprite icon

Start here. It's easy!

Let us customize a Guaranteed Life Insurance quote just for you.

* Indicates required field

Still want to learn more, view our product page for more information.

Accident Icon

Accident Protection

Get a free instant quote

Your quote

spinner sprite icon

Get a Free Quote

Just enter the state you live in to get an instant quote.

* Indicates required field

Still want to learn more, view our product page for more information.

Grow-Up Icon

Grow-Up® Plan

Get a free instant quote

Your quote

spinner sprite icon

Get Your Free Quote Now

See how little it costs to help protect your child

* Indicates required field

Still want to learn more, view our product page for more information.

College Icon

Gerber Life Insurance College Plan

Get a free instant quote

Your quote

spinner sprite icon

Start here. It's easy!

Tell us about yourself, and we'll customize a plan just for you:

Child's Age *
Relationship to Child *
Your Age *

* Indicates required field

Still want to learn more, view our product page for more information.

We’d like to notify you about updates, videos, new products and more.

Notifications can be turned off at any time in your browser settings.