Gerber vs Sagicor Life Insurance

  • YEAR FOUNDED
    1954
  • CURRENT CEO
    Richard Owen Byles
  • AVAILABLE
    45 States
  • ADDRESS
    4343 North Scottsdale Road Suite 300 Scottsdale, AZ 85251
  • TOP AWARDS

    2016 Celent Model Insurer Winner (Digital and OmniChannel Technologies)

  • PROS
    • Easy to use application platform.
    • You can purchase life insurance in about 30 minutes without talking to an agent.
    • Provides high-value 10 / 15 / 20 year term life insurance & whole life insurance.
  • CONS
    • Not eligible if you are age 65 or older.
    • A medical exam may still be required.
    • 30 year term life insurance and guaranteed universal life are NOT available.
  • 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.
SOURCESagicorGerber
JD PowerN/AN/A
BBBA+A+
AM BestA-A
Moody'sN/AN/A
FitchN/AN/A
Standard & PoorN/AN/A
Comdex ScoreN/A80
SOURCESagicorGerber
Total Assets$6.8 billion$33 billion
Life Insurance in Force$238.695 billion$52 billion
SagicorGerber
Permanent Life InsuranceGrow-Up® Plan
Term Life InsuranceGerber Term Life Insurance
Gerber Life Whole Life insurance
Gerber Life Guaranteed
Accident Protection Insurance
Gerber Life College Plan
SagicorGerber
Sage Term Life InsuranceGrow-Up® Plan
Sage No Lapse Universal Life (NLUL)Gerber Term Life Insurance
Sagicor’s Fixed Indexed Universal Life (FIUL) Gerber Life Whole Life insurance
Fixed Indexed Single Premium Whole Life (FISPWL)Gerber Life Guaranteed
Sage Whole Life (SWL)Accident Protection Insurance
Interest Sensitive Single Premium Whole Life (ISSPWL)Gerber Life College Plan
SagicorGerber
Accelerated Benefit Insurance RiderWaiver of premium
Children’s Term Rider
Accidental Death Benefit Rider
Waiver of Premium 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.