1. Peggy MacePRO
    President and Senior Agent, Outlook Life, Most of the U.S.
    I find Gerber's prices to be a good deal for children. Gerber also has a guaranteed issue policy that can come in handy for those who do not qualify for other policies.

    To compare rates of any of the Gerber plans or policies with other life insurance companies, you can go to a website that offers a variety of companies and input your state, date of birth, height, weight, tobacco status, and some medical information. While price isn't everything, it is nice to compare before making a decision.
    Answered on August 31, 2013
  2. Jose S Sanchez JrPRO
    President, The Insurance Advisor, Burr Ridge, IL
    It depends on what you call a good deal. If you are looking at starting a life insurance policy on your child to protect them incase of premature death or to guarantee options to buy more life insurance in the future, then Gerber is a nice policy. But with that being said I have to say that I strongly disagree with their latest run of TV commercials that promote buying their life insurance policy as a way to fund your child college. Again in my opinion when you look at the premium that you are paying, how long it will be paid and the cash value that is available when your child is ready to go to college, that statement borders on the line of lying. Funding college no, funding some college books is more like it.
    Everything really comes down to what are you buying the insurance policy for.
    Answered on April 7, 2015
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