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  • Gerber life insurance FAQ


    Just get a rider on YOUR policy. You only need enough for burial costs. If you look at the amount the policy would be worth at age 21 versus how much you've paid in.....you definitely wouldn't buy it. If you want to earn them some money, take $15 a month


    yes, life insurance is always a bad idea for dependents. it's practically a scam. save the money, send the kid to school.


    If you want life insurance then just put her on as a rider on your plan. Children do die in untimely manners, unfortunately, and their funerals aren't free.

    If you want her to get a lump sum when she turns 18 then stick money in a savings


    This is my honest opinion on the matter...

    Mind you, my opinion is based on our current economy and the fact that several major companies have become extinct in the past several years.

    I'm wondering if the Gerber company


    Basically its a whole life policy where your premiums are paid for two things: The insurance and the cash value. While premiums may seem very low (about $216/year for $25,000 coverage), a 35 year old man that is healthy can purchase a 20 year term policy


    Basically its a whole life policy where your premiums are paid for two things: The insurance and the cash value. While premiums may seem very low (about $216/year for $25,000 coverage), a 35 year old man that is healthy can purchase a 20 year term policy

    Gerber life insurance news

    Your comments: What we need is a creative solution to this dilemma

    19.05.12 "All towns and villages with a local police force are facing, or will face, the same problem. Police officers are entitled to full retirement after 20 years of service, which is not a local problem, but one for the state retirement system. The local problem is that many localities are providing benefits to their people after retirement, such as paid family health insurance for the life of the officer. That means that a town can be paying health insurance premiums for a person for up to 50 years in "retirement". With the ever escalating cost of health insurance and people living longer lives, these payments can be a real burden on taxpayers.

    If you consider that the officers replacement is also getting health insurance benefits and can retire after 40 years, it is easy to see where it is possible to have 3 or 4 retirees from one officer position, all with taxpayer supported health benefits. Multiply these costs by the number of officers in the force, and you can see why governments everywhere are coming to the conclusion that what we have is not sustainable.


    Source: Syracuse.com

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