Gerber Life


Founded in 1967, Gerber Life has been providing life insurance to young families on a budget. They have served over 3.5 million policy holders today. They offer different types of insurance products.

Gerber Life Grow-Up Plan

This is a whole life insurance policy for children between the ages of 14 days and 14 years old. This plan has level premiums and builds a cash value. Here are a few things you need to know about this policy:

  • Until your child or grandchild turns 21, you are the policy owner. Once they turn 21, the children become the policy owners and have the option of purchasing more coverage without any health exam.
  • This plan offers a death benefit between $5,000 and $50,000; once your child turns 18, the death benefit doubles, so a policy of $25,000 turns into $50,000.

Though this policy accumulates cash value, it isn’t much as the policy is inexpensive. The table shows the cash value accumulated for a male baby born recently.



Monthly premiums

Cash value 25 years into the policy



















Gerber Life Young Adult Plan

This plan is similar to the Grow-Up Plan, except the age limit is 15 to 17 years. This plan is more expensive than the Grow-Up Plan.

Gerber Life College Plan

 This plan, unlike traditional college savings funds, is an endowment policy. This means it builds cash value at a guaranteed rate and has level premiums but lasts for a certain period of time. If you pass away during the term of the policy, your beneficiaries receive the death benefit, if you outlive the policy, you get the cash value.  

This policy offers a death benefit of between $10,000 and $150,000. It is called the college plan because it assumes you will use the proceeds from the policy to pay for your child’s college, but you can use the proceeds however you like.

This insurance plan is a great option if you are unable to save for college consistently. With this policy, you have access to money any time; you can surrender the policy or take a loan from the cash value. Loans come with an 8% interest, but you can keep the money for as long as you like.

Gerber Whole Life Insurance

Gerber’s whole life policy offers a death benefit between $25,000 and $150,000. It offers level premiums and has a cash value component. You don’t even need to take a medical exam if you are under 51 and need coverage worth less than $100,000. This is a huge advantage as most life insurance providers require a medical exam for even $50,000 worth of coverage.

Gerber Term Life Insurance

Gerber offers term life policies for 10, 15, 20, and 30 years. You can opt for a death benefit between $25,000 and $150,000. You won’t need to take a medical exam if you are under 50 or want a death benefit of less than $100,000.

You can renew your term life policy for five years at the same health rating until the age of 65. Gerber’s term life policy costs a lot more than term life policies from other insurance providers.

Gerber Guaranteed Life Insurance

Gerber offers guaranteed life insurance for clients between the ages of 50 and 80. The death benefit of the policy ranges between $5,000 and $25,000. This policy comes with a waiting period of two years, and if you pass away during that time, your beneficiaries receive all the premiums you paid and a 10% interest. They only receive the full death benefit if you pass away after the waiting period. If the cause of death is an accident, your beneficiaries will receive the full death benefit from the first day.

Gerber Accidental Death & Dismemberment Insurance

Gerber’s Accidental Death & Dismemberment Insurance requires no medical exams or health questions, is available to clients between the ages of 19 and 69, and offers a maximum death benefit of $100,000. The premiums for this policy are not determined based on your age. The table below shows the monthly premiums for their Gerber Accidental Death & Dismemberment Insurance.

Death Benefit

Monthly Premiums











Gerber Review

Though Gerber has a very low complaint ratio, 0.68, the median being 1, customers have given negative feedback for receiving payments from Gerber, whether it be when surrendering their policy, filing a claim, or taking out a loan. There have been several complaints about marketing and communication as well. Often when customers thought they were paying for more coverage, they were purchasing a new policy. There have also been confusions between the College Plan and the Grow-Up Plan. To avoid all this, it is necessary that you do your research and understand the policy you are buying.

Though these complaints mean Gerber may not be the best insurance provider out there, it should be kept in mind that they have been praised for their simple process for applying for a policy and qualifying for coverage.

What factors determine my premium rates with Gerber Life Insurance?

The underwriting process determines this. After the risk associated with you is evaluated, and their underwriting declares high risk, you may be denied coverage, receive less coverage, or pay higher premiums. The following factors are taken into consideration during the underwriting process:

  • Tobacco and alcohol use
  • Occupation and hobbies
  • Insurance already in force
  • Height and weight
  • Health and medical history
  • Gender
  • Current age

How do I apply for a life insurance policy with Gerber?

Their application process is very simple. Go to their website and choose the plan you want to purchase. Fill out the required details and sign the application with an electronic signature. The premium price quote is only an estimate; you will know your actual premiums after the underwriting process.

How do I file a claim with Gerber?

When filing a claim call them at 1-800-628-0560 and request a claim form. They will inform you of what other documents you need to submit. Mail the required documents to Gerber and then wait for them to process your claim.