Paying for college + adult life insurance protection in one easy plan.
The Gerber Life College Plan provides a safe, secure and easy way to help pay for college, with both guaranteed growth and the additional benefit of adult life insurance.
Call 866-503-4487866-503-4487 for more information
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Gerber Life College Plan Benefits
Secure Growth
The Gerber Life College Plan grows in value over time and isn't impacted by the ups and downs of the stock market to help pay for college when your child is ready.
Receive a guaranteed payment of $10,000 to $150,000 when your policy reaches maturity, as long as premiums are paid.
Flexible Use of Money - for College or Anything Else
Unlike 529 plans or educational IRAs, you can use the payout money from your Gerber Life College Plan for college expenses or anything else.
You're giving your child a head start in life — no matter what your child's future brings.
Adult Life Insurance Protection
If something happens to you prior to maturity, the full benefit amount will be paid to your beneficiary.
Life insurance benefit provides greater peace of mind
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.
What happens if I stop paying? How much would I get?
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.
What about taxes?
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.