Gerber Life Insurance College Plan
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Tell us about yourself, and we'll customize a plan just for you:
Gerber Life Insurance College Plan Benefits
Secure Growth
- The Gerber Life Insurance College Plan grows in value over time and isn't impacted by the ups and downs of the stock market to help pay for college when your child is ready.
- Receive a guaranteed* payment of $10,000 to $150,000 when your policy reaches maturity, as long as premiums are paid.
Flexible Use of Money - for College or Anything Else
- You can use the payout money from your Gerber Life Insurance College Plan for college expenses or anything else.
- You're giving your child a head start in life — no matter what your child's future brings.
Adult Life Insurance Protection
- If something happens to you prior to maturity, the full benefit amount will be paid to your beneficiary.
- Life insurance benefit provides greater peace of mind.
*Once approved, coverage is guaranteed.
Gerber Life Insurance College Plan FAQs
What is the rate of return?
The rate of return varies depending upon your specific policy, its duration, and your billing frequency. For further details about your specific policy's rate of return, please call us at 866-503-4487.
What happens if I stop paying? How much would I get?
The amount you'd get back depends on when you stop paying and surrender your policy. If you are past your policy's midway point (for a 10-year policy, the midpoint is about five years), you would get back all of the money you paid in.
What about taxes?
The Gerber Life Insurance College Plan will generate some taxable income, Gerber Life Insurance will send you a statement (Form 1099) to file with your taxes.
Gerber Life Insurance College Plan Reviews
Read College Plan reviews and learn what parents and grandparents have to say. Discover more about how the College Plan provides a reliable way to prepare for your child’s future.
Highly Recommended by Customers
Already have a Gerber Life Insurance College Plan? We'd love to hear your feedback!
Gerber Life Insurance College Plan Reviews
Read College Plan reviews and learn what parents and grandparents have to say. Discover more about how the College Plan provides a reliable way to prepare for your child’s future.
Highly Recommended by Customers
Start Now!
1. Choose Your Payment Amount
Your fixed monthly payment will never increase.
2. Decide When You Want Your Money
You can choose to receive your money in 10 to 20 years.
3. Submit your application
Provide a few details about yourself and your application is complete.
The Gerber Life Insurance College Plan is an individual endowment adult life insurance policy.
Continuing the long Gerber Life tradition of protecting families since 1967.
Policy Form ICC09-PIE
Policy Form PIE-19-NY
Policy Form Series PIE-09