Gerber Life Insurance for Kids?

Question

I was just wondering if anyone knew exactly what this covered? I can't seem to find a whole lot of information on their website.

Do you think it would be worth it?

Answer 1

Everything I have read seems like it is worth it and I am planning to go ahead with the paperwork myself to see whether or not I will buy it.

Answer 2

The Gerber Life Insurance Plan seems like a great idea but it's not worth it.  My aunt had gotten it for her daughter and when she turned 25 all she got was $1600 and the policy was for $10,000.  I looked into when my daughter was born and realized that it was not worth it.  I would suggest just start a savings account or buy a savings bond.  At least that way when you pay into it you know your child will get all of it and some of the interest it has gained.

Answer 3

I have it with both of my children and personally i think its great!   you can get more information by filling out the paperwork and you are not commited to paying for the policy if you are not happy.