Choose a coverage amount that works best for you. The Gerber Family Products Company is a separate affiliate from its life insurance division.
The longer you hold the policy the more money accumulates in your policy.
Gerber whole life insurance for seniors. Gerbers Young Adult Plan is a whole life insurance policy for teens ages 15 through 17 that offers lifelong protection for the child as long as premiums are paid. Keep in mind that the Gerber Life Guaranteed Life Plan is a whole life insurance policy that builds cash value. Our top pick for life insurance for seniors Mutual of Omaha offers term whole and universal life insurance with flexible policy provisions.
Coverage ranges from 5000 to 300000 depending on the policy type. Our Whole Life Policy offers affordable coverage with locked-in premium rates that never ever increase and protection that lasts for your entire life. Term life insurance is available through age 80 although.
The Guaranteed Life Insurance Plan is a whole life insurance that provides guaranteed coverageas long as premiums are paid. Coverage amounts from 50000 to 300000 Simple application process no medical exam needed in most cases 3 Most applicants can have a decision within minutes. For over 90 years this company has been a staple in the family care business.
Gerber Life Young Adult Plan. Guaranteed Issue life insurance is for seniors ages 50 to 80 looking for help with final expenses. Like the Grow-Up Plan Gerbers whole life insurance accrues a cash value that you can borrow against andor cash out if you no longer want the policy.
Gerber offers guaranteed issue whole life policies for lower coverage amounts of 5K-25K. These policies are commonly used to cover final expenses. Whole Life insurance can protect your family for a lifetime as long as premiums are paid.
Gerber Life offers quality and affordable life insurance for children and adults. 1 Plus our Guaranteed Life Insurance builds cash value that you can borrow from if you ever need help with unexpected expenses. Guaranteed Whole Life Insurance.
Should you ever want to turn in the policy youll receive the available cash value. Gerber life insurance Rated 3 stars out of 5 by NerdWallet. Gerber offers whole life insurance for children adults and seniors and adult-centric term life insurance that can last 10 20 or 30 years.
Seniors have access to the same types of life insurance as anyone else. The Grow-Up Plan is a simple budget-minded way to start for children ages 14 days to 14 years. Known for its Gerber Life Grow-Up plans which provide life insurance for children.
The Gerber Life Whole Life Policy offers coverage from 50000 to 300000 to fit various needs and budgets. Term life insurance policies are issued up to age 80. The Grow-Up Plan.
Your rate will never increase regardless of age or health changes. Benefits of Whole Life Insurance for Seniors Coverage that can last a lifetime Just keep paying the premiums and youll be covered for life. This includes term life whole life and universal life insurance.
It also accumulates Cash value that Gerber Life insurance sets aside for your future. For as little as 1 a week you can give your child a lifetime of life insurance protection with plans starting at 5000. It wasnt until 1967 that this American company set up shop to enter the life insurance world.
The longer you have the policy and keep paying the premiums the more cash value it accumulates over time. Gerber guaranteed issue whole life policies are available only to those 50 to 80 years old making these policies a form of senior life insurance. Offers whole life with no medical exam for seniors.
Rates are guaranteed to stay the same and coverage automatically doubles when the child turns 18 for no extra fee. The Gerber Lfe College Plan provides a safe secure and easy way to help pay for college with both guaranteed growth and the additonal benefit of adult life insurance. Thats even more reason to apply today.
Gerber Life has a wide variety of life insurance products and its whole life insurance policies for adults and seniors provide good rates for coverage with limited underwriting. If youre looking for a large-sized policy. Paying for college adult life insurance protection in one easy plan.
Guaranteed Life Insurance from Gerber Life is a whole life insurance policy for adults between 50 and 80 years old that does not require a medical exam or ask health questions your acceptance is guaranteed. Gerber Life Whole Life insurance provides permanent life insurance protection and financial security for your family. However Gerber Lifes Grow-Up Plans and College Plans are not recommended as investments as they both grow in value very slowly and provide limited death benefits.
The Gerber Life Insurance Company has a mission to help families achieve financial protection and security. We understand you want to give your child every advantage. Find out how affordable your premium can be with a free quote.