Gerber vs North American Life Insurance

  • YEAR FOUNDED
    1886
  • CURRENT CEO
    Esfandyar Dinshaw
  • AVAILABLE
    All 50 States
  • ADDRESS
    North American Company One Sammons Plaza Sioux Falls, SD 57193
  • TOP AWARDS
  • PROS
    • Over 100 Years in Business
    • Approvals for People with Health Consideration
    • Financial Strength and Ratings
  • CONS
    • Don't currently allow for electronically signed policies
  • 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.
SOURCENorth AmericanGerber
JD PowerN/AN/A
BBBA+A+
AM BestA+A
Moody'sN/AN/A
FitchA+N/A
Standard & PoorA+N/A
Comdex Score9380
SOURCENorth AmericanGerber
Total Assets$25.6 billion$33 billion
Life Insurance in Force$120 billion$52 billion
North AmericanGerber
Term Life InsuranceGrow-Up® Plan
Universal Life insuranceGerber Term Life Insurance
Indexed Universal Life InsuranceGerber Life Whole Life insurance
Gerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
North AmericanGerber
Addvantage TermGrow-Up® Plan
Universal Life Insurance (Custom Accumulator, Custom GrowthCV, Custom Guarantee, Custom Term GUL)Gerber Term Life Insurance
Indexed Universal Life (Builder Plus IUL, Builder IUL, Guarantee Builder IUL, Rapid Builder IUL, Survivorship GIUL)Gerber Life Whole Life insurance
Gerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
North AmericanGerber
Waiver of monthly deductionWaiver of premium
Children's Life Insurance Rider
Waiver of Term Premium for Disability Rider
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.