Allstate 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
    1931
  • CURRENT CEO
    Tom Wilson
  • AVAILABLE
    43 States
  • ADDRESS
    "Allstate Insurance Company P.O. Box 660598 Dallas, TX 75266-0598"
  • TOP AWARDS

    N/A

  • PROS
    • Nationwide network of agents
    • Great website
    • Option for no exam
  • CONS
    • Claims process.
    • No app for easily managing your policy.
    • High premiums.
SOURCEGerberAllstate
JD PowerN/AN/A
BBBA+N/A
AM BestAA+
Moody'sN/AA1
FitchN/AN/A
Standard & PoorN/AA+
Comdex Score8086
SOURCEGerberAllstate
Total Assets$33 billion$104.7 billion
Life Insurance in Force$52 billion N/A
GerberAllstate
Term Life InsuranceBridge UL
Whole Life InsuranceLifetime UL
Accident ProtectionFuture Builder UL
Future Growth IUL
FutureVest VUL
Whole Life Tribute
Whole Life Advantage
Basic Term Life
TrueFit Term Life
GerberAllstate
Grow-Up® PlanBridge UL
Gerber Term Life InsuranceLifetime UL
Gerber Life Whole Life insuranceFuture Builder UL
Gerber Life Guaranteed Future Growth IUL
Accident Protection InsuranceFutureVest VUL
Gerber Life College PlanWhole Life Tribute
Whole Life Advantage
Basic Term Life
TrueFit Term Life
GerberAllstate
Waiver of premiumAccelerated death benefit.
Accidental death benefit.
Children term insurance.
Waiver of premium.
Overloan protection.
Estate liquidity.
Additional insured.
Liquidity guarantee.
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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