Waiver of premium rider:This feature is available for Gerber Life Whole Life policies and waives premium payments if the policyholder becomes totally disabled before age 60. This rider ensures that the insurance coverage remains active without requiring payments during the disability period, providing fi...
Loan Repayment:When you borrow from your Gerber Life Insurance policy, you are essentially taking out a loan against the cash value. The loan amount must be repaid, either through regular payments or by deducting the outstanding amount from the death benefit payable to your beneficiaries. The spe...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first ...
What does life insurance cover? Your family can use the money for anything, like tuition, final expenses and paying off debt. For example, could they keep up with mortgage payments without you? Apply now. How much coverage do I need? Experts generally recommend at least 5x your salary. Con...