Is Gerber Life Insurance Worth It? 
We carry Gerber , and find that it is very competitive for children and for older adults who are unable to qualify for other policies . Their guaranteed issue life insurance is especially reasonable for that type of coverage if you choose to pay it monthly by automatic withdrawal from your checking account . As with other guaranteed issue policies , there is a graded period where the policy only pays for accidental death , then after two years it will pay the full death benefit for death by any reason . If death occurs in the first two years , it pays back all premiums plus 10 % , which is a better sure return than you can get anywhere else . Where the guaranteed issue Gerber policy might not be worth it is if the insured person lives so long that the policy pays less than the premiums paid in . However , this type of policy is usually purchased by those for whom life expectancy may be shortened due to illness or weight . In my opinion , the risk of not having any coverage would be worse than the choice to purchase a Gerber policy and not need it until many years later . 