AIG vs Gerber Life Insurance

  • YEAR FOUNDED
    1919
  • CURRENT CEO
    Brian Duperreault
  • AVAILABLE
    36 States
  • ADDRESS
    American International Group, Inc. 175 Water Street New York, NY 10038
  • TOP AWARDS

    Top 50 Companies for Diversity

    Insurance Industry Innovator

    Top 100 Companies for Internship Program

  • PROS
    • Strong financial stability.
    • Strong product lineup.
    • Flexibility.
  • CONS
    • Service many not be personal.
    • Lengthy claims process.
    • Strict underwriting.
  • 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.
SOURCEAIGGerber
JD Power2/5N/A
BBBA-A+
AM BestAA
Moody'sA2N/A
FitchA+N/A
Standard & PoorA+N/A
Comdex Score8180
SOURCEAIGGerber
Total Assets$ 498.30 billion (2017) $33 billion
Life Insurance in Force$224 Billion$52 billion
AIGGerber
Term Life InsuranceGrow-Up® Plan
Guaranteed Issue Whole Life InsuranceGerber Term Life Insurance
Quality of Life InsuranceGerber Life Whole Life insurance
Universal LifeGerber Life Guaranteed
Variable Universal LifeAccident Protection Insurance
Accidental Death & DismembermentGerber Life College Plan
AIGGerber
Select-a-Term®Grow-Up® Plan
QoL Flex TermGerber Term Life Insurance
QoL Flex TermGerber Life Whole Life insurance
QoL Guarantee Plus GUL IIGerber Life Guaranteed
QoL Value+ ProtectorAccident Protection Insurance
QoL Max Accumulator+Gerber Life College Plan
Secure Lifetime GUL 3®
AG Secure Survivor GUL II®
Value+ Protector
Max Accumulator+
AIGGerber
Accelerated access.Waiver of premium
Lifestyle income.
Accidental death benefit.
Children’s protection.
Waiver of premium.
Terminal illness.
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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