Gerber vs Protective Life Insurance

  • YEAR FOUNDED
    1907
  • CURRENT CEO
    John D. Johns
  • AVAILABLE
    All 50 States
  • ADDRESS
    111 Congresional Blvd., Suite 500 Carmel, IN 46032
  • TOP AWARDS

    2010 Optimas Award from Workforce Management Magazine

  • PROS
    • Financially sound.
    • Competitive, comprehensive rates.
    • Flexible health guidelines.
  • CONS
    • Approval can take awhile.
    • Low tolerance for smoking.
  • 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.
SOURCEProtectiveGerber
JD Power774N/A
BBBA+A+
AM BestA+A
Moody'sA1N/A
FitchA+N/A
Standard & PoorAA-N/A
Comdex Score9280
SOURCEProtectiveGerber
Total Assets$75 Billion USD (2016)$33 billion
Life Insurance in Force$767.3 Billion$52 billion
ProtectiveGerber
Term Life InsuranceGrow-Up® Plan
Whole Life InsuranceGerber Term Life Insurance
Universal Life InsuranceGerber Life Whole Life insurance
Variable Universal Life InsuranceGerber Life Guaranteed
Indexed Universal Life InsuranceAccident Protection Insurance
Survivorship Universal Life InsuranceGerber Life College Plan
Life Insurance for Children
ProtectiveGerber
Protective Custom Choice UL Grow-Up® Plan
Protective Advantage Choice ULGerber Term Life Insurance
Protective Classic Choice TermGerber Life Whole Life insurance
Protective One Year Term Gerber Life Guaranteed
ProClassic II Accident Protection Insurance
ProClassic LegacyGerber Life College Plan
Protective Classic Choice Term
Investors Choice VUL
Strategic Objective VUL
Survivorship Term
Survior UL
Protective Whole Life
ProtectiveGerber
Accidental death benefit riderWaiver of premium
Accelerated death benefit rider
Waiver of premium rider
Disability income rider
Guaranteed insurability rider
Term insurance rider
Children’s term rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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