![]() ![]() Now the surviving spouse has to pay for the house, car, food, clothing, and other necessities on their own, and find a way to continue saving for their children's education. The children’s whole life policy has cash value, which will build up slowly over time. ![]() Coverage starts at 5,000 and you can buy up to 50,000 per policy. Parents and grandparents can buy coverage for a child a few weeks old up to age 17. The spouse dies in a car accident during a severe thunderstorm, and the family income is cut in half. The Gerber Grow-Up plan is children’s whole life insurance. For example, two partners each earn $50,000 per year and have two young children they hope to send to college. The primary purpose of life insurance is to protect the insured's family and dependents from financial calamity if they die prematurely and their income is cut off. Average annual costs (300,000, 20-year policy): 35-year-old non-smoking male: 1,014, and 35-year-old non-smoking female: 726. Gerber's death benefit's maximum amount is $100,000. Grow-Up Plan Children Under 14 Accident Protection Adults 18-69 Whole Life Adults 18-70 Guaranteed Life Seniors 50+ A whole life insurance policy for children that helps protect and provide for the future of your child.Children ages 14 days to 14 years Coverage from 10K to 50K Gerber Life Insurance College Plan. The Grow-Up ® Plan is a simple, budget-minded way to start for children ages 14 days to 14 years. The purchase of mutual funds may be a better choice than whole life insurance for saving towards a child's future financial needs. Use the Gerber Life Agent Login page to access your agency account. We understand you want to give your child every advantage.It’s important to note that the coverage doubles when the child turns 18. This life insurance for children provides coverage between 5,000 and 50,000. Designed for children under 15 years old, the Gerber Grow-Up Plan is a kid’s life insurance policy. Learn More Term Life Insurance Plan Term Life Insurance is designed to be an affordable way to protect your family's future. (ET) Grow-Up Plan The Grow-Up Plan is a whole life insurance policy for kids. Because children are so young, premiums on these policies tend to be quite affordable. The Gerber Grow-Up Plan stands apart from other types of insurance for many reasons. To manage your policy 24/7 over the phone, call our toll-free number: 18778773295 Open Monday - Friday, 8 a.m.In most situations, children do not need life insurance but can benefit from the policy once they are older. ![]() The Gerber Grow-Up Plan is a whole life insurance policy marketed to new parents for their children. ![]()
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