Get Gerber Life Insurance Surrender Form

Yes. You can borrow from the cash value, as long as premiums are paid, by taking a policy loan. Policy loans are subject to 8% interest rate. You can also surrender the policy and receive the available cash value.

Here's how cash value works: Each time you make a premium payment for a Grow-Up® Plan, Gerber Life sets aside a small portion, which grows into the policy's cash value. The longer you have the policy, the larger the cash value. ... In some instances, you might be able to apply the cash value toward making premium payments.

Yes. You can borrow from the cash value, as long as premiums are paid, by taking a policy loan. Policy loans are subject to 8% interest rate. You can also surrender the policy and receive the available cash value.

Call our dedicated life claim phone line at 1-800-628-0560 for information and to request a life insurance claim form.

If you need immediate cash, you can borrow against your policy's cash value by taking a policy loan. ... When your child automatically becomes the policy owner at age 21, your child will gain the valuable whole life insurance protection as well as the accumulated cash value.

The cash value of your policy is the accumulated amount of money that Gerber Life sets aside each time you pay your premium. That means that the longer you hold your policy, the longer the cash value builds.

Your insurance company will invest the money and whenever you pass, your beneficiary will receive the full amount of the policy. You may also receive dividends from your investment in a whole life insurance policy. Gerber Life has a variety of life insurance plans to fit your family's needs.

If you bought a whole life insurance policy you didn't really need, don't keep paying into it because you assume that's the only option. Instead, price out term policies. ... But if you're paying for an expensive policy you don't really need, cashing out may be the best option, even if you have to pay fees and taxes.

The Gerber Life College Plan is an individual endowment policy that provides adult life insurance coverage for parents for a specified period of time chosen by you between 10 and 20 years. At the end of that term, you'll receive a guaranteed payout for your child.

When your child automatically becomes the policy owner at age 21, your child will gain the valuable whole life insurance protection as well as the accumulated cash value. ... If you're temporarily unable to pay your monthly premiums, Gerber Life may be able to pay them for you by using your policy's available cash value.