Whole Life Insurance by Gerber Life is a permanent life insurance policy that offers valuable versatility. For starters, it can provide income to surviving family members or the policy can transfer wealth. Additional advantages include accumulation of cash value that can be withdrawn before death, plus an accelerated death benefit rider.

Issue Ages: 18-80 (Age last birthday)

Minimum Face Amount: $50,000

Maximum Face Amount: $1,000,000 ($500,000 for ages 56-80)

Underwriting Note: 

Simplified or full underwriting is required to obtain coverage: Applicants ages 18-55 seeking coverage up to $1,000,000, and applicants ages 56-80 seeking coverage up to $100,000 will receive simplified underwriting and have to answer only a few health questions. No medical exam is required in these instances. 
For applicants aged 56-80 seeking coverage of $101,000 to $500,000, full underwriting is required including a brief medical exam. Substandard and Preferred Rates available for all applicants seeking more than $100,000 in coverage.

Available Riders: Accelerated Death Benefit