Gerber Children’s Whole Life
The Gerber Life Children’s Grow-Up® Plan is a whole life insurance policy designed to give children a head start on lifelong financial protection. Available for children 14 days to 14 years old, this plan provides affordable coverage now, builds cash value over time, and guarantees the ability to buy additional coverage later—regardless of health or occupation.
Apply Now for the Gerber Life Children’s Grow-Up Plan
Start your child’s lifelong financial protection today with affordable whole life coverage and guaranteed future insurability.
Who Qualifies?
Children from 14 days old to 14 years old are eligible for the Grow-Up Plan. Parents, grandparents, and legal guardians can apply. The application process is quick and requires only a few basic health questions—no lengthy exams or complicated underwriting.
Key Benefits
- Affordable Lifetime Coverage: Choose coverage amounts from $5,000 to $50,000 now—at child rates locked in for life.
- Guaranteed Future Insurability: When the child becomes an adult, coverage automatically doubles at no extra cost, and they can purchase more—up to 10 times the original amount—regardless of future health.
- Cash Value Growth: The policy builds guaranteed cash value over time, which your child can borrow against in the future if needed.
- Permanent Protection: Unlike term policies, the Grow-Up Plan never expires as long as premiums are paid.
- Transferable Ownership: When the child turns 21, ownership transfers to them, giving them control of their policy and any accumulated cash value.
Why Get Life Insurance for a Child?
While no one wants to think about the loss of a child, the Grow-Up Plan’s primary value is not just in covering final expenses—it’s in locking in low premiums for life and guaranteeing future coverage. Health issues can arise unexpectedly, making life insurance harder or more expensive to obtain later. With the Grow-Up Plan, your child is covered from the start, and their insurability is protected for the future.
Why Choose Gerber Life?
Gerber Life Insurance has been trusted by millions of families for over 50 years, offering financial security products designed for affordability and dependability. Backed by an “A” (Excellent) rating from A.M. Best, Gerber Life provides parents with peace of mind knowing their child’s coverage is in strong financial hands.
Common Use Cases
- Parents wanting to lock in permanent life insurance at a young age
- Grandparents looking for a lasting, meaningful gift
- Families wanting to build financial security and cash value for a child’s future
Application Process
- Apply Online: Fill out the simple application with basic health information—no medical exam required.
- Select Coverage Amount: Choose from $5,000 to $50,000 in protection.
- Start Building Cash Value: Coverage begins upon approval, and cash value growth starts immediately.
Give the Gift of Lifelong Protection
Secure affordable whole life coverage for your child today, with guaranteed future insurability and cash value growth.
FAQs: Gerber Children’s Whole Life
What is Gerber Children’s Whole Life?
A permanent life insurance policy for children that provides lifelong coverage, level premiums, and cash value accumulation owned by the parent/guardian until transfer.
What ages are eligible and how much coverage can I choose?
Policies are typically available for children from infancy through the teen years, with coverage amounts designed for affordable, long-term protection (availability varies by state and policy form).
Does the death benefit ever increase?
Many designs include an automatic increase at a milestone age and allow optional future purchase opportunities. Exact terms depend on the policy issued in your state.
Does the policy build cash value?
Yes. Whole life policies build guaranteed cash value over time. You can access it via policy loans or withdrawals (which reduce cash value and the death benefit if not repaid).
Who owns the policy and when does ownership transfer?
The parent/guardian is typically the owner and premium payer. Ownership can transfer to the insured child at a specified age per policy rules.
Are medical exams required?
Juvenile policies commonly use simplified underwriting (no exam in many cases). Eligibility and limits vary by age, state, and policy form.
Will premiums ever increase?
No—premiums are level for life as long as they are paid as scheduled.
What riders or options are available?
Common options include guaranteed purchase opportunities and waiver-of-premium provisions (availability varies by state and policy).
How are taxes handled?
Cash value grows tax-deferred. Loans/withdrawals may have tax implications and reduce policy values. Consult a tax advisor for your situation.
Can I cancel or surrender the policy?
Yes. You may surrender the policy for its cash value (less any loans/fees). Keep in mind this ends coverage.
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