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. Social Media Impacting Life Insurance Awareness

    Young Couple Searching the InternetThe increasing number of life insurance companies that are making themselves known to potential customers through social media channels is speaking volumes about the creativity and adaptability of the industry. But what’s even more telling is the far higher number of shoppers showing interest when given the chance to price out a life insurance company via social media, as opposed to contacting them directly or via their websites.

  2. Tips to Keeping Your Family Safe from Unnecessary Health Risks

    Healthy Family Eating at a ParkFamily life insurance coverage is something that a lot of people don’t like to think about. Can you blame them? It’s probably not something you like to ponder yourself. But as unpleasant a thought as it is, there are some positive things that can come about from calmly facing the practical need for family life insurance coverage. One of those things is the decision to take action to ensure the long term health and well-being of yourself and your family. Avoiding risk caused by bad habits and lifestyle choices should be your chief concern.

  3. The Difference Between an Endowment Insurance Policy and Whole Life

    Endowment vs Whole Life InsuranceEndowment life insurance is often put under fire by financial experts because the Tax Reform Act of 1984 took away many of the tax advantages of this type of life insurance plan. However, in many cases, an endowment insurance policy is a wise financial choice for saving for the future—especially if it offers life insurance coverage at full endowment value even before its maturity date, like the Gerber Life College Plan.

    An endowment insurance policy differs from a whole life insurance policy in one very significant way—it matures and reaches endowment value faster than a whole life insurance policy. That’s why an endowment insurance policy is a good choice for saving for college. And you can get guaranteed coverage for as little as a dollar a day.

    With the Gerber Life College Plan, you can set the maturity date to coincide with your child’s first year of college. You may also consider four separate policies, so you can cash in one per year and spread out the costs.

    With college costs rising at an average rate of 4-6% per year, isn’t it time you started saving for your child’s future?

  4. Term Life vs. Whole Life: Comparing the Basic Differences

    Compare Term and Whole Life InsuranceBefore you set your sights on a life insurance carrier, you have to to determine if the policies they’re offering align with your needs. When it comes to shopping for a life insurance policy, there are two all-important terms that you have to familiarize yourself with: term life insurance and whole life insurance.

    So, what the heck is the difference between the two?

  5. Who Needs a Life Insurance Policy?

    Who Needs a Life Insurance PolicyWhen you were younger, you may have not considered a life insurance policy. But now that you have dependents, it’s important to consider who will take care of them if you die. Answer the following questions to determine if a life insurance policy is a wise investment for your future.

    • If you are in a relationship where you and your partner both work, if something happens to one of you, can your family survive on one salary?
    • If your spouse doesn’t work and would need to find a job, would she or he be able to afford childcare costs? Is there a way you can make sure your spouse won’t need to join the workforce?
    • Families and couples can live much more frugally than a single person or a single parent with children. Could your spouse afford your home?
    • Would your spouse be able to afford funeral costs of $6,500 (the national average, according to the National Funeral Directors Association), up to $10,000 or more?

    These are all compelling questions to consider, and the answers can show you exactly why you need a life insurance policy.