Insurance for Families

Things to consider when choosing life insurance

The many options available for family life insurance can create a need for someone to help you understand the different choices and terminology. Gerber Life takes the guesswork out of family life insurance with articles that answer such questions as, "How does life insurance work?" and "How do I get life insurance?" Whether you're looking for a policy for an infant, child, adult or senior, we've got you covered when it comes to comprehensive information about life insurance.

  1. Benefits of Endowment Insurance

    College Student StudyingChoosing the best life insurance policy for your needs represents an essential step toward safeguarding your family’s future. While you’ve likely heard of term life and permanent (whole) life insurance policies, you might not have considered an endowment life insurance policy. This form of permanent life insurance offers a range of benefits.

  2. College 529 Plans: Can I Invest in Any State’s Plan?

    Mother Reviewing 529 Plans With SonsA 529 college savings plan is an investment vehicle you can use to plan for your child’s future educational expenses. Though each state has its own college 529 plan, you are not restricted from purchasing a plan outside your state of residence.

  3. Life Insurance for Your Spouse

    Newlywed Couple Discussing Life InsuranceWhether you’ve been married for a while or have just gotten married, it’s never too early to start thinking about the future. Getting life insurance for yourself can help you rest easy, knowing that your spouse will be protected if something should happen to you. Likewise, getting life insurance for your spouse will provide you with enough money to get by if something should happen to your loved one.

  4. How is my term life insurance rate determined?

    Couple Researching Term Life InsuranceMany factors play a role in the calculation of term life insurance premium rates. In general, rates are based on the amount of coverage selected and the probability of the policyholder living until the policy expires. The more likely you are to be alive at the policy’s expiration, the lower your term life insurance rate can be. However, if you have certain health or lifestyle characteristics that the insurance company views as risky, your rate may be higher.

  5. Can I get Life Insurance Coverage Without a Physical?

    Woman Getting A PhysicalYour current physical condition is one of the most important factors that life insurance companies consider when determining whether to approve you for a policy. For example, if you are a smoker or have been diagnosed with heart disease or have a chronic illness, you may have a more challenging time getting life insurance coverage than someone who has a better bill of health. Most life insurance companies require applicants to pass a medical exam before they will approve a policy, but not necessarily for all types of policies.