Gerber Guaranteed Life Insurance Review & Rates

Written by Jeff Root

As with all of our company and guaranteed issue policy reviews, we cover the strengths and weaknesses of the company and the high-risk product they offer.

The goal of this Gerber guaranteed life insurance review is to help you decide if Gerber is the right fit for you.

Below we will cover Gerber’s guaranteed issue product, including pros, cons, and alternative choices. You’ll also see rates for the Gerber guaranteed issue policy to help cover final expenses.

What You’ll Learn

About Gerber Life Insurance
Gerber Life Insurance Company Ratings
Pros of Gerber Guaranteed Life Insurance
Gerber Final Expense Policy Rates
Cons of Gerber Guaranteed Issue Life Insurance
Is Gerber Guaranteed Life Insurance is Right for You?


Gerber Guaranteed Life Insurance ReviewWhen shopping for life insurance, always keep in mind that the best policy is one that fits your individual needs. No matter what, there is no one-size-fits-all policy on the market, even for high-risk candidates.

Policies can and are very similar to one another, but there’s more to it than just the policy facts. This is why we include information about the carriers, their ratings, application process, customer service and more in our reviews.

So let’s dive in and learn about the Gerber Life guaranteed issue product.

About Gerber Life Insurance

If you’ve already read our article about the 3 best guaranteed life insurance companies, you’ll know that we love Gerber.

Gerber Life found its start more than 45 years ago when it became a separate affiliate company to Gerber Products Company, the same trusted household brand responsible for baby food and products. Today, Gerber Life has more than $33 billion in life insurance in force and over 2.9 million policies throughout the United States, Puerto Rico and Canada.

Over the years, Gerber has become a household name offering plans for every family member, including children. When a family is interested in streamlining the insurance process for every member, Gerber Life Insurance is a strong choice.

Gerber Life Insurance Company Ratings

Gerber has carried a strong rating of “A” or Excellent with A.M. Best Rating since May 2016. This is the 3rd best rating available and far superior to many carriers that also feature guaranteed issue products.

Currently, Gerber has assets under management of more than $2 billion with the majority of the company’s portfolio in high-quality investments. This means that Gerber is financially strong and able to meet the needs of its customers when claims are filed.

Gerber Guaranteed Life Insurance Policy Overview

Face Amounts Range: $5,000 up to $25,000

Insurable Ages: 50 – 80

State Unavailability: Not for sale in MT

Graded Period: 24 months

Riders: None

Premium Percentage Returned: 10%

Application Process: Using an independent agency or directly through the carrier

Pros of Gerber Guaranteed Life InsuranceGerber Life Insurance Logo

There are many advantages to choosing Gerber for guaranteed acceptance life insurance. Below we will list each pro and explain why it might benefit you.

Guaranteed Issue Policy

The Gerber Guaranteed Life Plan is guaranteed issue meaning there are no medical exam hoops to jump through, no underwriting or health questions on the application. Everyone can qualify for this product as long as you fall within the age range and enter into a legally binding contract. Since there are no health questions on the application, you are under no obligation to tell your insurance agent or the carrier anything about your current or past health standing. Even your past reports will go unchecked.

Whole Life Policy

The plan is also a whole life insurance plan meaning that the coverage will last for your entire life. As long as you continue to make premium payments, your policy will be in-force.

Since it is a whole life policy, the plan also builds cash value. A portion of the funds from your premium payment will go into a cash account that can be borrowed against and used to pay premiums for a period of time. This might come in handy if hard financial times hit one month and you cannot pay your premium.

Gerber is a Reputable & Financially Stable Company

When it comes to the plan itself, the Gerber Guaranteed Life Plan is a fairly typical policy in terms of features and benefits. What really sets it apart is that it’s backed by an excellent life insurance carrier with a strong balance sheet and reputable brand name. This is a company that you can put your faith into and trust that your beneficiary will receive the necessary funds to cover your burial and final expenses.

Graded Death Benefit

This plan features a two-year graded death benefit with 10% interest if death occurs from natural causes within the period. If the insured dies due to an accidental death, the full face amount will be paid no matter when death occurs. Once the 2 years is over, there is no longer this limitation and the full face amount will be paid no matter the cause of death, including suicide.

Product Availability

Gerber Guaranteed Life is available for people between the ages of 50 and 80 in quantities that range from $5,000 all the way up to $25,000. With Gerber, you are able to take out multiple policies, but the cumulative total cannot surpass $25,000. You may be delighted to know that this amount is currently not subject to federal income tax when paid to your beneficiary.

To compare guaranteed acceptance life insurance rates for your exact age and requested policy amount, use the complimentary quoting tool on the side of this page. 

Competitive Premiums & Payment Options

When selecting a guaranteed acceptance policy, the cost will always be one of the key determining factors.

Generally speaking, there isn’t a huge variety of policy features across carriers, which is why it always comes down to price.

We also understand that most people qualified for a no questions policy are on a fixed income and unable to pay exorbitant monthly premiums.

Gerber Life is known for their competitive pricing, although they are little more expensive than other guaranteed acceptance plans. These premiums, however, are fixed and will never increase on you.

Be Aware: Unfortunately, there are some plans on the market where premiums increase every 5 years. This is definitely not the case with Gerber.

Payment of premiums is notably flexible with Gerber and there are discounts for certain methods. You can pay by direct billing, debit, credit, or ACH (preauthorized checking). As of today, when you pay by ACH, you can get a discount up to 8%. This level of savings can definitely add up over time.

Easy Application Process

One of Gerber’s strengths as a company is their streamlined, digital application process. The entire application takes place over the phone with an independent agent who is appointed with Gerber and licensed in your state.

The information needed is very basic and relates to the insured, the owner and the beneficiary. The policy can be electronically signed in a matter of minutes and delivered directly to your inbox.

During the application process, one of the unique features of Gerber is that the owner of the policy can be different from the insured. For example, an adult child can own the policy on their father, but the father is the insured.

Gerber Final Expense Policy Rates

Below are sample premiums from Gerber across several age and price brackets.

Pro Tip: Since this is just a sampling and is subject to change, the most affordable plan for you can be discovered by comparing guaranteed issue life insurance rates using the free quoter on this page.

Gerber Guaranteed Issue – Male


Gerber Guaranteed Issue – Female


All rates shown include a $1.00 policy fee and a discount for ACH payment.

Cons of Gerber Guaranteed Issue Life Insurance

Gerber is a great option for life insurance so there are very few drawbacks when choosing Gerber Life Insurance. However not every policy is perfect, and we do have one potential setback.

No Riders & Accelerated Death Benefits

Unfortunately, Gerber Life does not offer any accelerated death benefits or riders. So if you or a loved one feels strongly towards critical illness or terminal illness protection, AIG would be the stronger choice.

Is Gerber Guaranteed Life Insurance is Right for You?

There are millions of people who have trusted their family’s financial planning to Gerber and we strongly feel that you cannot go wrong. Without talking to you, though, we are unable to say if Gerber Guaranteed Life is the right carrier and product for you.

Gerber is one of 15 high-risk final expense companies that we review on this site. There is an opportunity for you to save money by going with someone else. We would love to earn your business by helping you make this decision and comparing rates from the top insurance carriers in the country.

Working with Guaranteed Issue Life

Our #1 goal is to help you secure the coverage necessary so you can get on with your life and really feel a strong peace of mind when it comes to your family and advanced planning.

If you’re ready to buy Gerber guaranteed life insurance or another life insurance product to help with final expenses, let us help you by calling today or using the instant quote tool on this page.

You may also visit our instant life insurance quotes page to see what and our experienced team of agents can do for your family and peace of mind.

About Jeff Root & Guaranteed Issue Life
About Jeff Root & Guaranteed Issue Life

Jeff Root is the author of The Digital Life Insurance Agent and host of the Modern Life Insurance Selling Podcast.

Guaranteed Issue Life is a nationally licensed agency, that has helped over 1500 consumers purchase guaranteed issue life insurance. We represent over 30 life insurance companies & transact business in every state.

All content on this site has been written by life insurance experts & licensed life insurance agents.

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