Gerber Life Insurance Company

Gerber Life Insurance provides term and whole life insurance for children and adults, a guaranteed burial expense policy that is offered only to adults from the ages of 50-75, and accident protection plans. Known most often as the "baby food people," Gerber states their expanded mission is to "be the brand parents trust to help them achieve financial security and protection for their families."

The Grow-Up Plan, a unique Gerber product, is a whole life insurance policy designed for healthy children ages 14 days through 12 years of age; it automatically doubles its value when the insured child reaches age 21. The premiums are low and are guaranteed to never increase.

Gerber also offers a policy for children ages 13-17 which guarantees that the premium will not increase for the life of the policy. When the insured reaches age 21 until age 26, they can purchase additional coverage at the standard premium rate for people their age.

Gerber Life insures over two million families in the United States, Canada and Puerto Rico, which equates to over $25 billion life insurance policies in effect.

History of Gerber Life Insurance Company

Gerber Life Insurance Company began in 1967 providing affordable life insurance to families on limited budgets. To ensure the longevity of their company, Gerber Life invests conservatively for long-term growth. They state that 100 percent of the $1.2 billion portfolio is in "safe, high quality investments."

Gerber Life Insurance Company Ratings

Based on January 2008 rating data from the A.M. Best and Standard & Poor's rating organizations, Gerber Life is rated very high amongst their competitors, with ratings either in the highest or second highest category among the rating categories.

Contacting Gerber Life Insurance Company