Gerber Life Insurance Review: Is It Good for Adults & Seniors?
Written by Daniel Ray, Life Insurance Expert |
✅
Fact Checked by
Lisamarie Monaco |
Editorial Disclosure
Are you considering Gerber Life Insurance and wondering if it’s a good fit for adults or seniors?
While many associate Gerber with children’s life insurance, the company also offers whole life and burial insurance options for adults aged 50–80.
But how does Gerber stack up when it comes to payouts, costs, waiting periods, and customer service?
In this review, we’ll cover everything you need to know about Gerber Life Insurance for adults, including policy details, monthly costs, and whether it’s the right choice for your family’s needs.
What Is Gerber Life Insurance?
Founded in 1967, Gerber Life Insurance Company is known for offering life insurance for children and families, but it also provides whole life insurance and guaranteed issue policies for adults and seniors.
Policy Types for Adults
✅ Whole Life Insurance – Offers permanent coverage, builds cash value, and allows policy loans.
✅ Guaranteed Issue Life Insurance – Designed for adults aged 50–80 with no health questions or medical exam.
✅ Accidental Death Insurance – Pays a benefit if death occurs due to an accident.
*Ballpark Quote
Does Gerber Life Insurance Pay Out?
✅ Yes, Gerber Life Insurance pays valid claims within 7–10 business days. Beneficiaries receive a lump-sum payout for funeral costs, debts, or other final expenses.
Waiting Period
- Guaranteed Issue Policy – 2-year waiting period for natural causes of death.
- Accidental Death – Full benefits paid immediately.
Gerber Burial Insurance for Adults
✅ Gerber offers burial insurance through its Guaranteed Life Insurance policy. It’s designed to cover funeral costs, medical bills, and small debts.
Policy Highlights
- Coverage Amount: $5,000 to $25,000.
- No Medical Exam – Guaranteed acceptance for applicants aged 50–80.
- Fixed Premiums – Never increase with age.
- Cash Value – Builds over time.
| Feature | Details |
|---|---|
| Plan Type | Whole Life Insurance (Guaranteed Issue Final Expense) |
| Issue Ages | 50 to 80 years old |
| Face Amounts | $5,000 to $25,000 (maximum total coverage with Gerber GI policies) |
| Medical Exam | None required. No health questions. |
| Benefit Type |
– **First 2 Years**: Premiums paid + 10% interest (if death is non-accidental) – **After 2 Years**: Full face amount paid for any cause of death – **Accidental Death**: Full benefit paid at any time |
| Premiums | Guaranteed never to increase. Level premiums for life. |
| Tax Benefits | Death benefits are **generally tax-free** when paid to a named beneficiary. |
| Company Information |
– **Underwritten by:** Gerber Life Insurance Company – **Rating:** A (Excellent) by A.M. Best – **Website:** Gerber Life – **Customer Service:** Contact your licensed agent |
Key Features of Gerber Life Guaranteed Issue
✔ Guaranteed Acceptance: No health questions or exams. Coverage available for ages 50-80.
✔ Graded Benefit: Return of premiums + 10% in first 2 years, full benefit thereafter.
✔ No Premium Increases: Premiums stay the same for life.
✔ Tax-Free Death Benefit: Proceeds are generally not taxable.
✔ Trusted Since 1967: Gerber Life holds an A rating from A.M. Best.
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Gerber Life Insurance Monthly Rates
Sample Monthly Premiums for a $5,000, $10,000, and $25,000 Guaranteed Issue Policy
Female
Male
- Premiums increase with age.
- Smokers and those with pre-existing conditions pay more.
*Ballpark Quote
Can You Borrow from a Gerber Life Insurance Policy?
✅ Yes, with Gerber’s Whole Life Insurance, you can borrow against the cash value after a few years of premium payments.
- Loans accrue interest.
- Unpaid loans reduce the death benefit.
Gerber Life Insurance Reviews & Complaints
Gerber Life has a BBB rating of A+, showing strong customer service.
Positive Feedback
✅ Simple application with no medical exam.
✅ Reliable payouts for valid claims.
Complaints
❌ Some confusion about the 2-year waiting period.
❌ Occasional delays in claim processing.
Is Gerber Life Insurance Good for Adults?
✅ Pros: Easy approval, no medical exam, cash value, fixed premiums.
❌ Cons: 2-year waiting period, higher premiums for guaranteed issue, limited coverage amounts.
*Ballpark Quote
Related Articles
FAQ Section
Yes, valid claims are typically paid within 7–10 business days.
Yes, through its Guaranteed Life Insurance policy for adults aged 50–80.
Costs vary; expect $28 to $66 per month based on age and gender.
2 years for natural causes under the Guaranteed Issue plan.
Yes, but only with a Whole Life Insurance policy.
Conclusion
Gerber Life Insurance offers legitimate and straightforward coverage options for adults, especially those aged 50–80 seeking burial insurance. The guaranteed acceptance and no medical exam make it ideal for seniors, but higher premiums and the 2-year waiting period are downsides.
If you’re seeking quick approval and fixed premiums, Gerber is a solid choice. However, comparing other providers may reveal more affordable options with stronger financial ratings.
Are you ready to secure peace of mind with Gerber Life or explore better final expense options?
Get Your Free Quote Today!
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