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Gerber Final Expense Life Insurance Review [Top Guaranteed Issue Policy]

The short review is this: Gerber Life Insurance is a great company and is one of our top 10 final expense insurance picks. Just know, sometimes it pays to shop around with an agency like IBUSA that can shop multiple final expense companies so you know you are getting the best plan available.

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About Gerber Life Insurance

Gerber is a name you’ve heard before: yep, the baby food. And just like you trust them to nourish your most beloveds, you can trust them to offer top notch life insurance. They have been in business for over 80 years and have around $2 billion in assets.

Gerber Life Insurance Ratings

As of April 2020, Gerber maintains an “A” rating with A.M Best Company, the premier third party ratings agency in the U.S.

Although not one of the top rated life insurance companies, an A rating is very respectable.

Pros of Gerber Life Insurance

Although our Gerber Adult Life Insurance review is unbiased, we do have a lot of good stuff to say about them.

That’s just because they are one of the best final expense insurance companies, and especially good for anyone who need guaranteed issue whole life insurance to cover burial costs or final expenses.

Final Expense Insurance

Gerber Guaranteed Issue Life Insurance is adult life insurance designed to cover all your final expenses. Gerber offers one of the only guaranteed issue life insurance policies in the marketplace.

If you are looking for a life insurance policy that can help you ensure your death will not cause your loved ones financial hardship, then this policy may be for you.

With face amounts of up to $20,000, Guaranteed Issue Life Insurance will offer your loved ones enough money to pay for your final days and/or your funeral and burial expenses.

Whole Life Insurance

Gerber Life Insurance’s whole life insurance policy has no expiration and will last as long as you make the premium payments. The benefits of Gerber is that it:

  • Builds cash value; you can also use this cash value towards your payment in the future if you hit a cash crunch.
  • The death benefit is guaranteed. Failing health won’t impact your policy; as you get older and your health declines, Gerber still cannot cancel your policy: only you can.
  • Premiums are FIXED for the life of the policy.

Guaranteed Issue

There are many different types of life insurance policies. Gerber’s guaranteed issue policy requires no medical exam, and as the name suggests, the policy is guaranteed to be issued as long as you are a resident of the U.S. and fall into the required age categories.

You don’t have to stress or worry about whether or not you will be approved for the policy: you will!

With Gerber’s guaranteed issue whole life insurance policy you:

  • Do not have to answer any health questions
  • Do not have to take an exam
  • Can apply between 50-80 years old
  • Affordable burial insurance starting at $5,000
  • Get up to $25,000 final expense insurance
  • (Not available in MT)

Gerber Guaranteed Issue Life Insurance Quotes

The following sample rates are for informational purposes only and are in now way indicative of what you will pay. Sample guaranteed issue life insurance quotes are based on a male. Rates for females are less.

50 Year Old$38$57$75$94
60 Year Old$56$84$112$140
70 Year Old$87$131$174$218
80 Year Old$220$330$440$550

Gerber Life Insurance: Cons

Any accurate review of Gerber Life Insurance or any other life insurance company should have a negative section.

After all, nobody and no company is perfect. So what are the drawbacks of Gerber Life Insurance?

As you can imagine, since we like them so much, it’s hard for us to find too many negatives for Gerber Life, but here are a few things that you should be aware of: Guaranteed Issue Life Insurance comes with a graded death benefit limitation.

What is a Graded Death Benefit?

Some companies offer burial insurance with no waiting period. Other companies offer final expense insurance with a waiting period, known as a graded death benefit.

A graded death benefit limitation means that for the first two years after issue, should you die of natural causes, your beneficiary will only receive the premiums paid along with an additional 10%.

This is not a lot, but if you were going to just leave the same money in a bank account, then you definitely wouldn’t get 10%. Most bank accounts give less than 1% interest, so 10% is a pretty good deal.

If you death is due to an accident, the policy pays 100% of the full death benefit. Your death benefit for natural causes will be 100% after 2 years.

If you have relatively decent health and do not have a terminal illness with a life expectancy of less than 2 years, then this is a good option. Even if you do have a terminal disease and the doctor has given you only 6 months to live, we all know that doctors are often wrong.

Many people who are given only 6 months to live wind up living for 1, 2, or even five years. If you do outlive your diagnosis, then your guaranteed issue policy will reach its full amount after 2 years. If you don’t make it the full 2 years, your beneficiaries will still do better than if you put the money in the bank.

Gerber Life is just one life insurance company

It may be an obvious thing to say, but each and every life insurance company excels at something different. Whenever you pick a life insurance company – be it Gerber Life, or someone else – you are saying “no” to all other options. This means you may be missing out on some valuable feature of another life insurance policy offered by someone else.

If you want to know if Gerber Life is your best bet, then the best way to do it is to call an expert.


Insurance Brokers USA is an independent insurance broker. Our goal is to help you get the best life insurance coverage at the best price based on your unique needs, lifestyle, health and circumstances.

We do this by customizing our life insurance recommendations. We have absolutely no interest in or motive to push one life insurance company above another.

If Gerber Life is right for you, then we’ll recommend them. If we think another life insurance company is right in your situation, then we’ll tell you that too! The number one thing to keep in mind is that we want what’s best for you!

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