One great way to jump-start your child's financial security is with a Gerber Life Insurance Grow-Up® Plan. The Grow-Up® Plan is a whole life insurance policy for your child. In addition to providing a life insurance benefit of up to $50,000, the policy builds cash value over time.

The Grow-Up® Plan is a whole life insurance policy for a child that builds cash value. You're the policy owner until your child reaches age 21. At that time, your child becomes the policy owner and is guaranteed lifelong insurance protection, as long as premiums are paid.

Gerber Life Grow-Up Plan

The Gerber Life Insurance College Plan differs from a 529 Plan or an educational IRA in that there are no restrictions regarding how to use the payout money. Your child could use it to pay for tuition, or to start a business, or for a down payment on a home – the possibilities are endless.

(February 24, 2021) - A Kentucky federal judge has tossed a proposed class-action lawsuit alleging Gerber Life Insurance Co. deceptively marketed its "Grow-Up Plan" and "College Plan" life insurance policies as savings vehicles for consumers.

The Gerber Life Insurance College Plan is an individual endowment life insurance policy with an adult life insurance benefit that provides a guaranteed* payout of $10,000 up to $150,000 when it matures in 10 to 20 years.

The Gerber Grow-Up ® Plan is a children's whole life policy from $5,000-$50,000 in coverage. The premiums are fixed for life, and the coverage is guaranteed never to expire or decrease in value.

lifelong The Grow-Up® Plan is a children's whole life insurance policy that offers lifelong coverage for the insured child as long as premiums are paid.

How long does Gerber Life take to pay out? On average, life insurance takes about 30 days to pay out. 19 For the Gerber Life Insurance College Plan, you would receive the benefit in 10-20 years, once it's matured and your child needs it to continue their education.

The Grow-Up® Plan is a whole life insurance policy for a child that builds cash value. You're the policy owner until your child reaches age 21. At that time, your child becomes the policy owner and is guaranteed lifelong insurance protection, as long as premiums are paid.

The Subcommittee Report revealing the contamination levels of Gerber and Earth's Best baby food brands led to an immediate round of product liability lawsuits. So far, around 20 separate heavy metal autism lawsuits have been filed across the country against Geber, Hain Celestial, and other manufacturers.

The lawsuit claims Gerber misled consumers by advertising its “College Plan” as a savings product for a child's education while the product is actually a life insurance product rather than a tax-advantaged 529 education savings plan as determined by IRS code.