The Gerber Life Insurance Company was formed in 1967 in Fremont, Michigan. Gerber Life provides juvenile and family life insurance products to middle-income families along with medical insurance to small- and medium-sized businesses. It is currently owned by Western & Southern Financial Group, who licenses the Gerber trademark from the Gerber Products Company unit of Nestlé. Continue reading for everything you need to know about Gerber life insurance, Gerber Life Policy Number, and other frequently asked questions.
Gerber Life is headquartered in White Plains, New York, and has an operation center in Fremont, Michigan. The company has $52 billion of life insurance in force with 3.6 million policies for individuals throughout the United States, Puerto Rico, and Canada.
In 2007, Nestlé acquired the company with Gerber Products. Nestlé announced on September 17, 2018, that it would be selling the Gerber Life Insurance Company to Western & Southern Financial Group for $1.55 billion.
- Whole Life Plan
- Family Life Insurance Plan
- Accident Protection Insurance
- Gerber Life College Plan
Where Do I Find My Gerber Life Policy Number?
Your Policy Application number is in the approval email and/or approval letter you received. Need help finding your number? Just call 800-704-2180
Gerber Life Insurance Frequently asked Questions
1: How Do I Pay My Gerber Life Insurance Online?
By logging into your eService account, you’ll be able to pay your bills online or manage your policy. It’s just another way that Gerber Life strives to keep insurance simple, so you can spend time on more important things – like your loved ones. With eService, you can: Pay premiums and view your payment history.
2: Can you cash out your Gerber Life Insurance?
Yes. You can borrow from the cash value, as long as premiums are paid, by taking a policy loan. Policy loans are subject to 8% interest rate and may impact cash value and death benefit. You can also surrender the policy and receive the available cash value
3: How Do I Cancel My Gerber Policy?
To cancel your Gerber Life Insurance policy:
- Call customer service on 800-704-3331.
- Ask to speak with a representative.
- Provide them with your policy number and customer details.
- Request cancellation of your life insurance policy.
- You will receive a confirmation letter or email.
4: How does the Gerber Life Insurance Plan Work?
The Gerber Life College Plan is an individual endowment policy that provides adult life insurance coverage for parents for a specified period of time chosen by you – between 10 and 20 years. At the end of that term, you’ll receive a guaranteed payout for your child.
5: What is the cash value of a 10000 Gerber Life Insurance Policy?
Gerber Life Grow-Up Plan
|Initial Death Benefit||Monthly Premium||Guaranteed Cash Value After 25 Years|
6: What is the cash value of a Gerber Life Insurance Policy?
The cash value of your policy is the accumulated amount of money that Gerber Life sets aside each time you pay your premium. That means that the longer you hold your policy, the longer the cash value builds.
7: How do I claim Gerber Life Insurance?
Call their dedicated life claim phone line at 1-800-628-0560 for information and to request a life insurance claim form.