Assurity vs Gerber Life Insurance

  • YEAR FOUNDED
    1890
  • CURRENT CEO
    Thomas E. Henning
  • AVAILABLE
    All 50 States
  • ADDRESS
    Assurity Life Insurance Company 2000 Q Street Lincoln, NE 68503
  • TOP AWARDS

    Best Places to Work Award

    Tabitha’s Courageous Vision Award

    Top 10 United Way/Community Health Charities Campaign Supporters

  • PROS
    • Assurity is a mutual company, meaning the company answers to the policyholders and not to investors or stockholders.
    • Ranks highly among the top 10 “No Medical Exam Life Insurance” companies
    • Wide array of products to choose from
  • CONS
    • The policies are relatively expensive
  • 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.
SOURCEAssurityGerber
JD PowerN/AN/A
BBBA+A+
AM BestA-A
Moody'sN/AN/A
FitchN/AN/A
Standard & PoorN/AN/A
Comdex ScoreN/A80
SOURCEAssurityGerber
Total Assets$2.6 Billion$33 billion
Life Insurance in Force$17.2 Billion$52 billion
AssurityGerber
Whole LifeGrow-Up® Plan
Term LifeGerber Term Life Insurance
Universal LifeGerber Life Whole Life insurance
Accidental Death Benefit InsuranceGerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
AssurityGerber
Assurity Whole Life Insurance (Whole Life Insurance, Joint Whole Life Insurance, Single Premium Whole Life Insurance, Simplified Whole Life Insurance)Grow-Up® Plan
Assurity LifeScape NonMed Term 350Gerber Term Life Insurance
Assurity LifeScape Whole Life InsuranceGerber Life Whole Life insurance
Assurity LifeScape Term 350 PlusGerber Life Guaranteed
Assurity LifeScape Acci-Flex Accidental Death Benefit InsuranceAccident Protection Insurance
Assurity Universal LifeGerber Life College Plan
AssurityGerber
Other Insured RiderWaiver of premium
Waiver of Premium Rider
Monthly Disability Income Rider
Accident-Only Disability Income Rider
Critical Illness Rider
Children’s Term Insurance Rider
Return of Premium Rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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