Pros and cons of Gerber Life life insurance When considering Gerber Life for your life insurance needs, weighing the benefits and drawbacks can be helpful. Here are some key points to help you make an informed decision: Pros Term life does not require a medical exam for those under 51 years...
you have the option to surrender the policy. Surrendering a policy means terminating it before reaching maturity and receiving the surrender value, which is the amount of cash that Gerber Life Insurance will pay you in return.
After you have submitted the required documentation to Gerber Life Insurance, they will review and process your cash-out request. Once approved, you will receive the cash value of your policy. The method through which you receive the cash value may vary based on your preferences and the options...