Gerber Life Insurance
The Gerber life insurance program offers many different options for those who are planning to save for their young one’s future. College plans, grow up plans, term life insurance, whole life insurance and guaranteed whole life insurance plans are made available by Gerber. The Gerber term life insurance plan covers individuals from ages 18 to 60. Coverage can be purchased anywhere from $25,000 to $150,000 per individual. Those who are looking to secure their families future can purchase many different levels of term life insurance from Gerber. Plans can also be customized for a certain period of time. Plan terms are typically 10 years, 15, years, 20 years and up to 30 years of duration.
Gerber life insurance plans offer affordable rates without any increase during the duration of the life insurance policy. Rates are fixed so customers will not see any type of increase with their existing Gerber life insurance policy. Many other types of life insurance policies will impose an increase during the period of the life insurance policy. Families that are on a fixed budget or families that simply want to avoid any chances of their premium increasing will purchase Gerber life insurance policies. Gerber life insurance premiums will be dictated by the individuals health and tobacco use.
People with poor health or pre-existing illnesses will pay more for their life insurance than those who are healthy without any illnesses. The term life insurance made available by Gerber is easy to apply for. As a matter of fact, people can get an initial quote on life insurance polices without a medical examination. However, those who have an existing illness will be required to take a medical examination in order to apply for Gerber life insurance. Those who are 51 years of age or older will also be required to take a medical examination in order to apply for Gerber life insurance.
Another factor that will cause an individual to undergo a medical examination when applying for Gerber life insurance will be the amount of coverage the individual is requesting. Those who choose a plan that covers them for $100,000 or more will also be required to take a medical examination. Free quotes are given out to those applying for Gerber life insurance regardless if they are required to take a medical examination. Whole life insurance is a life insurance plan that Gerber provides for those that want lifetime life insurance.
Whole life insurance also deals with polices from $25,000 to $150,000 of coverage. Whole life insurance doesn’t expire until the insured passes away. Anyone can purchase whole life insurance at any age. Rates are fixed so recipients of the Gerber whole life insurance policy will never see an increase with their whole life insurance premium. This plan is vital for family members wanting security with their loved ones. Unlike other types of whole life insurance, the insured is guaranteed that rates will never rise regardless of the state of the economy. This plan is typically used for retirees that are living on a fixed income.
Whole life insurance is also made easy for people to apply for. Applying takes answer a few questions about health with the online application process that Gerber provides. People ages 18 to 50 will not be required to take a medical examination when applying for Gerber whole life insurance. Those who are ages 51 or older and are requesting more than $100,000 in coverage will be required to take a medical examination. Coverage approval will depend on the health of the individual applying. Gerber life insurance makes many options available for life insurance that people take advantage to secure their future.