Acceptance – regardless of health – is guaranteed!

The only requirement for obtaining a Gerber Life Guaranteed Life Whole Life Policy with $5,000 to $25,000 in guaranteed coverage is the person is between 50 and 80 years old. That’s it! There are no medical exams, no health questions, no waiting for test results. The Guaranteed Life Insurance Plan is whole life insurance that provides guaranteed coverage, as long as premiums are paid. It also has cash value.

Issue Ages: 50-80
Face Amounts: $5,000 -> $25,000
* Maximum face amount is $15,000 in South Dakota.

Replacements are not accepted in following states: CA, DE, FL, ID, IL, KY, MA, NY, PA, PR, TN, WA

Graded Death Benefit: If death occurs within the first two policy years for any reason other than an accident, all premiums shall be paid to the beneficiary, plus an additional 10% of earned premium. Earned premium refers to the portion of paid premium that has been applied to the policy. After the two-year Graded Death Benefit period, if the insured dies for any reason the full face amount of the policy shall be paid to the beneficiary.

Commission Chargebacks: If the insured dies within the first policy year, 100% of the commission paid shall be returned to the company. If the insured dies within the second policy year, 50% of the commission shall be returned to the company.