Gerber Simplified Issue Highlights
Simplified Senior Life is designed to give buyers a simple way to provide an inheritance, help ensure a financially dependent loved one is cared for, or make certain no one inherits their debt.
Product Highlights:
Product Highlights:
- Ages 50-70 determined by age last birthday. Can issue ages 70-80 but with Medical U/W.
- Death Benefit amounts from $25,000 to $100,000
- Full Death Benefit from day one
- Two ways to submit business - use a paper application or the agent portal.
- E-signature, face to face, or email.
- Gerber Life Insurance Company has provided Life Insurance for 40 years and is rated A by A.M. Best.
- Accelerated Death Benefit (ADB) Rider is offered at no additional cost.*
- No required medical exams for applicants age 70 and under**
- Decisions are made quickly and generally within a minute from the time a digital or telephone application is submitted.***
*The ADB Rider is subject to a minimum of $10,000 and is offered with the issued policy. There is no additional cost. The Rider benefits allow for the insured, if diagnosed with a terminal illness with a life expectancy of 12 months or less, to request a portion of the death benefit while still living.
**A medical exam and full underwriting are required for individuals age 71 to 80 who apply for coverage.
***In order to provide a decision within a minute, Gerber Life will search databases for prescription history, motor vehicle records and medical information.
**A medical exam and full underwriting are required for individuals age 71 to 80 who apply for coverage.
***In order to provide a decision within a minute, Gerber Life will search databases for prescription history, motor vehicle records and medical information.
You must be Pre-appointed in AL, LA, OK, PA, and TX in order to submit an application for Gerber products.