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Gerber Life Sales Contract

Gerber Life has made their guaranteed issue life contract available to brokers.  This plan sold by an internal agent and mail only in the past.   Policies cover people ages 50 to 80.   Face amounts of $5,000 to $25,000 are available.  They run in increments of $5,000 only.  These offer lower rates than other guaranteed issue plans.  Gerber has the best rates for people in their 50’s and 60’s.  For people in their mid 60’s and 70’s, Vantis Life will have a lower rate on a guaranteed issue basis.   Crowe and Associates can offer a Gerber Life Sales Contract to licensed agents.

Gerber Guaranteed Issue Life Insurance

Gerber is a guaranteed issue life insurance plan so clients can not be denied due to health conditions.  No health questions asked!   Approved in almost all states.   It is not approved in  AR and MT.  Product is in NY.  Additionally, a 2 year graded benefit applies.  Death in the first 2 years results in a return of premium +10% interest.   A full death benefit pays out in the first two years if death occurred due to accidental death.

What is the commission for the Gerber Life sales contract?

Geber pays initial commissions and renewals directly to brokers.  (Gerber does not advance commissions to agents.  Commissions are paid as earned.  Hierarchy payment structures are available for agencies.   Individual producer commission is 50% and agency commissions are 60%.

Overall, Gerber is a great contract to have.   The policy has very strong rates and also has some other advantages over their main competitor, Vantis Life.  We recommend having both contracts if you are in the final expense business.

All contracting can be faxed to Crowe and Associates at 203-567-6235 or sent by email to Edward@Croweandassociates.com  Include a copy of your life Insurance License, E and O certificate and a Void check (for direct deposit) with all paperwork.  Please email or call (office -203-796-5403) with any questions.  Alternately, email us Lisa@CroweAnd Associates.com.

Gerber Life Sales Contract Changes

Life products change often.   Gerber Life Sales contracts change.   Learn how to select the best plan for your clients with our underwriting tool.   Best Plan Pro selects only plans that meet your client’s needs.  Click here to learn more. 

Click here for low-cost E&O Insurance.

Gerber Life has now made their guaranteed issue life insurance plan available to brokers.  The policy is issued to people ages 50 to 80 in face amounts of $5,000, $10,000, $15,000, $20,000 and $25,000.   This is a 100% guaranteed issue life insurance plan so there are no questions for the client to answer.   The policy is approved to be sold in all states except AR and MT.   As with all guaranteed issue plans, this is a graded benefit.  Death in the first 2 years results in a return of premium +10% interest.   A full death benefit is paid out in the first two years if death occurred due to an accident.

Please Note:  Agents need to submit an application in order to get a writing number.

GERBER GUARANTEED LIFE PRODUCT GUIDE       GERBER LIFE PRODUCT PRESENTATION

Rates:  CLICK HERE FOR GERBER SALES KIT AND RATES

Initial commissions and renewals are paid directly to brokers from Gerber.  (Gerber does not advance commissions)

CLICK HERE FOR CONTRACTING

Please email or call (office -203-567-6235) with any questions.