Traditional universal life and indexed universal life coverage are available. The company offers universal life insurance that ranges from $100,000 to $1 million in coverage. The minimum value of the policy is $100,000 and is available for those between 18 and 80 years of age. Mutual of Omaha offers term life insurance in 10, 15, 20, and 30-year terms. This type of policy helps a policyholder pay for final expenses before their death. A medical exam is not required and acceptance is guaranteed. Available for those between 50 and 80 years of age, the value of the policy ranges between $5,000 and $25,000. The senior policy provided by Gerber Life is used as final expense insurance. Similar to the term life policies, only those 51 years and older require a medical exam. A policyholder with the child or teenage plan can convert it into the adult plan if they wish to increase their coverage. Coverage for these policies range from $50,000 to $300,000. Gerber Life insurance for adults is available for those 18 years and older. The policies double in value when the insured person turns 18 years of age. The teenage plan is similar to the child plan but is only available for those between the ages of 15 and 17 years of age. The plan can be purchased by a parent, grandparent, or legal guardian and the child can become the policyholder at 21 years of age. Available for those between the ages of 14 days and 14 years, coverage ranges from $5,000 to $50,000. The child-based whole life plan is called the Gerber Life Grow-Up Plan. These policies are separated by age, offering whole life coverage for children, teenagers, adults, and seniors. The provider also offers four different types of whole life insurance. Customers under 51 years of age don’t require a medical exam for approval so most policyholders won’t have to fulfill this requirement. Coverage for this type of insurance is available between $100,000 and $300,000. Gerber Life offers term life insurance in 10-, 20-, and 30-year terms. Examining the details of the policies offered will help you determine the right fit for your needs.

The primary difference between the two providers is that Mutual of Omaha also offers universal life insurance. Gerber Life and Mutual of Omaha offer term life and whole life insurance options. Mutual of Omaha: What policies are offered?

#3 – Do Gerber Life and Mutual of Omaha life insurance policies pay dividends?.#2 – Can I borrow from a Gerber Life or Mutual of Omaha life insurance policy?.#1 – How can I buy Gerber Life insurance or buy Mutual of Omaha life insurance?.Mutual of Omaha: Frequently Asked Questions Mutual of Omaha: Do they have any complaints? Mutual of Omaha: What are their financial ratings?

Mutual of Omaha: What riders are available?

Grow up plan gerber life