Gerber Life Insurance Reviews - What Is It?
WARNING: DO NOT USE Gerber Life Insurance Until You Read This Review!
Is it a Scam? Does It Really Work?
Gerber is a reputable company in the USA that offers life insurance policies for children, as well as whole life and small term insurance policies for adults. It is actually one of the largest American insurers that sells life insurance directly to consumers without the use of agents' services. The team behind the company believes that your family is unique and your life insurance should be unique, too. Gerber is not scored by NerdWallet for its life insurance company rankings since customer satisfaction ratings are not available. The company is not included in the annual J.D. Power U.S. Life Insurance Study, that deals with measuring customer satisfaction. The most popular Gerber insurance plan is Life Grow-Up Plan. It offers a whole life insurance policy for kids and accumulates cash value over time, providing your kid with financial opportunities in the future. Gerber Life Insurance has a high customer reputation online with over four stars out of five. If you would you like to get more information about Gerber Life insurance you can do it by calling at 800-704-3331 from Monday to Thursday 8am-9pm, Friday 8am-7pm, Saturday 9am-5pm. You can also send your question by filling a special form provided on the official site. You'll need to provide your state, your child's age, your child's gender, and your email. Doing so, you will be able to get a Free Quote. So, if you are considering purchasing life insurance on a your child, you are recommended to look past the sales pitches and pay attention to the pros and cons. To find out these data about Gerber Life Insurance, let's see what actual customers are saying in their reviews below.
Customer Reviews - Does Gerber Life Insurance Really Work?
Gerber Life Insurance and Gerber Life Grow-Up Plan are associated with a great number of positive customer reviews. In fact, 90% of reviewers recommend this plan to their family and friends. Overall rating is 4.4 stars out of 5. the customer service has got 4.3/5. Other products of the company include life insurance for children, whole life insurance for adults, term life insurance for adults and accidental death and dismemberment insurance. Let us take a closer look at Gerber's offerings for adults and children. Whole life insurance for children is the Gerber Life Grow-Up Plan. It offers a whole life policy for kids with coverage from $5,000 to $50,000. the plan can be applied for by grandparents, parents, and legal guardians when a child is between 14 days and 14 years old. The amount of coverage doubles at the age of 18, and at age 21 the child starts owning the policy. In addition, the company offers a whole life policy for teenagers. Grandparents or parents can buy this policy for teenagers aged from 15 to 17.
Gerber also offer endowment life insurance policy, which pays out a big sum of money when the insured dies or on a certain date. Usually a policy would insure a parent. The maturity date coincides with a child's graduation from high school. Coverage ranges from $10,000 to $150,000. The rate of return may depend on the policy. Term life insurance policy is also available. Terms of ten, twenty or thirty years are available for $100,000 to $300,000 of coverage for adults. There is no need to take a medical exam. Most customers get a decision on the application in just a few minutes. Medical exam is required for people aged over 51 who apply for more than $100,000 of coverage. Gerber Life Insurance may be purchased to insure whole life. It involves coverage of $50,000 to $300,000. Medical history is taken into consideration but, as a rule, a medical exam is not. An exam is needed for people who are over 51 years old and who apply for more than $100,000 of coverage. People between 50 and 80 years of age can apply for $5,000 to $25,000. No medical exam is needed, and acceptance is guaranteed. Gerber Accidental death and dismemberment insurance pays out if the insured person passes away or suffers a disabling injury, such as the loss of a hand, foot, or eyesight because of an accident. This kind of insurance does not pay out if the insured dies from natural causes or illness. Let us take a look at the experience of actual customers of Gerber Life Insurance.
One woman writes in her testimonial that her grandmother had all of her grandchildren on an insurance policy. She waited for them to graduate out of high school to give them the money for education after graduation. The woman who wrote the review started to apply with Gerber Life a couple of months after she had her daughter. She signed up and received the paperwork informing her what was available and what she qualified for. She received the Grow-Up Plan and picked the $5000. It was done through mail and she didn't even talk to the company's reps. After a year, she upped it to the $10,000 value policy, continued paying on it. She wants to make sure her daughter has money when she is ready to go to college. The customer also got an Accidental Plan for herself. She was told how to set up the beneficiaries because her daughter was under 18 and they were aware of that. The woman claims she loves the company. Every time she has any issues, if she can't get it on the internet, the company gets everything done right away. The customer often tells her friends and her brothers to purchase Gerber Life Insurance. She says that $3 a month is a miserable sum of money for an insurance policy. By the time her daughter graduates out of high school she will have a big amount of money for college. Isn't that great? Here are some more customer reviews about Gerber Life Insurance.
"I was going to become a grandmother and they said that Gerber Life Insurance was good to get, so I purchased the Grow-Up plan for my future grandson. Recently he has turned seven, which means that I have had that policy for seven years already. I applied for the insurance plan online and received it within a few weeks. The cost of the premium was not so high, so I am satisfied. I recommend Gerber Life Insurance to every grandparent I know."
"I like Gerber Life Insurance. I have had Gerber Life's Grow-Up plan for my daughter and a life insurance for myself. My daughter is 21 years old now. I should confess that the value of the insurance is great considering its price. We'd gone from $10,000 to $20,000 after my daughter reached 18. everything is like they advertised it on TV. I appreciate the fact that they send me any news to my mail."
"I have always had positive experience with Gerber Life insurance. I have two Grow-Up plans for my granddaughters. I think it is a good investment for both of them. Once they turn 18, it will be beneficial to them. Applying for it online was very fast and easy. The Gerber reps have been quick to solve any problem of mine and to keep my policy active whenever I had financial issues. I do recommend them to anyone who is looking for a good life insurance company. Gerber is truly a reliable company."
My Final Summary
Gerber is a reliable insurance company known for its Gerber Life Grow-Up plans providing life insurance for children. It also offers whole life and small term policies for adults. Whole life insurance does not require any medical exam for people from 50 to 80 years of age. The majority of Gerber customers are happy to have Gerber Life Insurance. The Grow-Up Plan is a whole life insurance policy for that helps to protect your child and provide them with good financial future for pennies a day! You can get a free quote for this plan on the official Gerber site www.gerberlife.com. Guaranteed Life Insurance offers the benefits of whole life insurance to 50 to 80 year-old people. It doesn't require a medical exam. Term Life Insurance is an affordable life insurance for adults. It helps you to provide your loved ones with better financial security and comes with flexible coverage options. Gerber Life Insurance is easy to apply online. So, if you want to protect your close people, Gerber offer the most affordable life insurance plans for adults and children, so as to cover your loved ones at every stage of their life. Whether you are single, married, a parent or a grandparent, you will certainly find a plan that meets your needs and pocket capabilities. Taking into account all advantages and disadvantages, we would recommend Gerber Life Insurance.
Gerber Life Insurance Pricing and Rates
The cost of a Grow-Up Plan depends on your child's age at the time when you apply, the amount of coverage you choose, and the state you live in. You can also get a free quote instantly on the company's site. You can cancel your child's policy at any time if you decide to. You will get the cash value that has accumulated over time. The same will happen after your child starts owning the policy at the age of 18. Unlike a standard savings account at the bank, the Gerber Life College Plan guarantees the sum of money you will have after 10 to 20 years and can give you more protection benefits of adult life insurance. There are different payment methods available for Gerber Life Insurance Plans. You can pay your monthly premium by phone, by mail, or online using a savings/checking account or a debit/credit card. Setting up automatic payments from your savings or checking account will allow you to save 10% on your Grow Up premium plan. Setting up automatic payments will also help you to manage your policy easier through the company's eService platform.