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Gerber vs New York Life Life Insurance

Gerber and New York Life are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to Gerber and New York Life. See our side by side comparison below to see how these two companies stack up. We have included financial ratings, current leadership, assets, and premium in force for both Gerber and New York Life.
  • 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
    1845
  • CURRENT CEO
    Theodore Alexander Mathas
  • AVAILABLE
    49 States
  • ADDRESS
    51 Madison Avenue New York, NY 10010 United States
  • TOP AWARDS

    Fortune Magazine’s List of World’s Most Admired Companies For 2017

    Forbes America’s Best Large Employers 2017

    BEQ Pride LGBTQ Business Equality Excellence Award

  • PROS
    • Great option for Seniors
    • Flexible Terms
    • High Death Benefits
  • CONS
    • Lackluster website
    • Poor customer resources
    • No Online Quoting

Compare Other Options

1st place trophy
1st

Health IQ is a unique life insurance brokerage that gets you special rates if you live an active lifestyle. If you exercise a few times per week, you can qualify for lower rates. Click below to get an accurate quote.

2nd place trophy
2nd

AIG, also know as American International Group, has been in business since 1919. AIG's strong financial rating, product selection and competitive pricing earns it the #2 spot.

3rd place trophy
3rd

Banner is a subsidiary of Legal & General, and have been in business since 1836. They hold an A+ financial rating and have some of the most competitive rates. This earns them the #3 spot.

SOURCE Gerber New York Life
JD Power N/A 4/5
BBB A+ A+
AM Best A A++
Moody's N/A Aaa
Fitch N/A AAA
Standard & Poor N/A AA+
Comdex Score 80 100
SOURCE Gerber New York Life
Total Assets $33 billion $303.182 billion
Life Insurance in Force $52 billion $992.8 billion
Gerber New York Life
Term Life InsuranceYearly Convertible Term
Whole Life InsuranceLevel Premium Convertible Term
Accident ProtectionWhole Life Insurance
Universal Life Insurance
Variable Universal Life Insurance
Gerber New York Life
Grow-Up® PlanYearly Convertible Term
Gerber Term Life InsuranceLevel Premium Convertible Term
Gerber Life Whole Life insuranceWhole Life Insurance
Gerber Life Guaranteed Universal Life Insurance
Accident Protection InsuranceVariable Universal Life Insurance
Gerber Life College Plan
Gerber New York Life
Waiver of premiumAccidental Death Benefit Rider
Children’s Insurance Rider
Chronic Care Rider
Disability Waiver of Premium Rider
Living Benefits Rider
Spouse’s Paid-Up Insurance Purchase Option
Policy Purchase Option Rider
Jonathan Holloway
January 1, 1970
Jonathan is a licensed life insurance agent at NoExam.com that writes about insurance, personal finance, lifestyle, and sports. See our pages on term life insurance, life insurance rates and life insurance companies for more.
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.