The Grow-Up Plan
from Gerber Life Insurance
Gerber Life Insurance offers the GROW-UP Plan which is a life insurance policy designed for healthy children ages 14 days through 14 years to whom parents can provide the little ones with Adult-size coverage with child-size premiums such as a $5,000, $10,000, $15,000, $25,000, $35,000 or $50,000 whole life policy and lock in a low childhood premium that will never increase. Coverage automatically doubles during age 18. A $10,000 plan doubles to $20,000, a $15,000 plan doubles to $30,000 and so on-with no increase in monthly premium. The Builds cash value plan accumulates cash value as long as premiums are paid. After 25 years, the cash value is equal to or greater than 100% of premiums paid.
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