AARP vs Gerber Life Insurance

  • YEAR FOUNDED
    1967
  • CURRENT CEO
    Keith O’Reilly
  • AVAILABLE
    All 50 States
  • ADDRESS
    Gerber Life Insurance Co. 445 State Street Fremont, MI 49412
  • TOP AWARDS

    Top 50 Performing Life and Health Companies (2009) by The Ward Group

  • PROS
    • Many policies to choose from.
    • Medical exams not required.
  • CONS
    • Not your best savings option.
    • A child rider might provide the same protection.
    • Only one rider mentioned on its website.
  • YEAR FOUNDED
    1958
  • CURRENT CEO
    Jo Ann Jenkins
  • AVAILABLE
    48 States
  • ADDRESS
    5505 W. Cypress Street Tampa, FL 33607
  • TOP AWARDS

    2018 Top Workplaces Award From Washington Post

  • PROS
    • Benefits Won’t Decrease
    • Guaranteed Rates Will Never Increase
    • No Waiting Period
  • CONS
    • Expensive Premiums
    • Low Death Benefit Amounts
    • Membership Fee
SOURCEGerberAARP
JD PowerN/AN/A
BBBA+N/A
AM BestAA++
Moody'sN/AAaa
FitchN/AAAA
Standard & PoorN/AAA+
Comdex Score80N/A
SOURCEGerberAARP
Total Assets$33 billion$4.3 billion
Life Insurance in Force$52 billion N/A
GerberAARP
Term Life InsuranceTerm Life Insurance
Whole Life InsurancePermanent Life Insurance
Accident Protection
GerberAARP
Grow-Up® PlanTerm Life Insurance
Gerber Term Life InsurancePermanent Life Insurance
Gerber Life Whole Life insurance
Gerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
GerberAARP
Waiver of premiumWaiver of Premium
Accelerated Death Benefit
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
Disclaimer: We make every attempt to make sure our information is up to date, but since things change often it is best to double check the data. This review is an opinion. Clicking on links may result in NoExam.com being compensated.