The Gerber Life College Plan is a unique combination of adult life insurance and an endowment savings plan designed to help families prepare for the cost of higher education or other major life expenses. With guaranteed growth and a set payout amount, this plan provides a predictable way to save while also offering life insurance protection for the policyholder.

Who Qualifies?

Parents, grandparents, or legal guardians can purchase the Gerber Life College Plan for themselves as the insured. The plan is available to adults ages 18–75, and in most cases requires only a simple health questionnaire—no medical exam. This makes it an accessible option for many families who want a guaranteed payout for future needs.

Key Benefits

• Guaranteed Payout: Select a maturity amount between $10,000 and $150,000, which is paid in full at the end of the policy term—no market risk involved.
• Life Insurance Protection: Provides coverage for the policyholder during the term, ensuring your family receives the full payout even if something happens to you before the policy matures.
• Cash Value Growth: The policy builds cash value over time, giving you access to funds through policy loans if needed before maturity.
• Flexible Use: While designed to help pay for college, the maturity benefit can be used for any purpose, such as buying a home, starting a business, or supplementing retirement savings.
• Affordable Premiums: Fixed monthly rates that never increase, making budgeting simple.

Why Choose the Gerber Life College Plan?

With the cost of higher education continuing to rise, families are looking for reliable ways to prepare. Unlike 529 plans or market-based investments, the Gerber Life College Plan offers guaranteed growth, so you’ll know exactly how much money will be available at maturity. Plus, it combines that saving strategy with life insurance protection, ensuring your loved ones are financially secure no matter what happens.

How It Works

1. Choose Your Maturity Amount: Decide how much you want the policy to pay at the end of its term.
2. Select Your Term Length: Common term options are 10, 15, or 20 years—timed to match your child’s college start date or other financial goals.
3. Make Fixed Monthly Payments: Premiums remain the same for the entire term, making budgeting predictable.
4. Receive Guaranteed Payout: At maturity, you receive the full payout tax-free, which can be used for any purpose.

Common Uses

• Paying for college tuition and expenses
• Funding a down payment on a first home
• Starting a business
• Paying off debt
• Creating a safety net for future needs

Financial Security You Can Count On

Gerber Life Insurance has been a trusted name for more than 50 years, with an “A” (Excellent) rating from A.M. Best. This financial strength ensures your guaranteed payout will be there when you need it most—providing peace of mind for you and your family.