Gerber vs Primerica 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
    1977
  • CURRENT CEO
    Glenn J. Williams
  • AVAILABLE
    All 50 States
  • ADDRESS
    1 Primerica Parkway Duluth, GA 30099
  • TOP AWARDS

    2016 DALBAR Mutual Fund Service Award

    2015 Forbes list of America’s 50 Most Trustworthy Financial Companies

  • PROS
    • Strong financial stability.
    • Simple.
    • Quick claims.
  • CONS
    • Appears to operate under a multilevel marketing structure.
    • Strict underwriting.
    • No permanent policies.
SOURCEGerberPrimerica
JD PowerN/A2/5
BBBA+A+
AM BestAA+
Moody'sN/AN/A
FitchN/AN/A
Standard & PoorN/AN/A
Comdex Score80N/A
SOURCEGerberPrimerica
Total Assets$33 billion$12.46 billion
Life Insurance in Force$52 billion $728 billion
GerberPrimerica
Term Life InsurancePrimerica Term Life Insurance
Whole Life Insurance
Accident Protection
GerberPrimerica
Grow-Up® PlanPrimerica Term Life Insurance
Gerber Term Life Insurance
Gerber Life Whole Life insurance
Gerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
GerberPrimerica
Waiver of premiumIncreasing benefit.
Terminal illness.
Waiver 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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