Tuesday, November 24, 2009

Gerber Life Burial Expense Life Insurance Policy


Gerber Life Guaranteed Life Burial Expense Life Insurance Policy is especially for those in the age groups of  50 to 75 years. A sudden demise in a family may result in a funeral expenses of over and above $7000 for burial. A death in a family is not only a huge loss to the loved family members but also fetches them into a financial burden towards funeral.


So, Gerber Life brings in Guaranteed Life Burial Expenses plan for those in the age groups of 50 to 75 years and wishing to secure their family from financial burden after death. The coverage amount is from $3000,$5000, $7000 and $10000. It is guaranteed because the acceptance to this Life Burial Expense plan is considered regardless of your health.

During the life time you can borrow on the cash value of this Insurance Policy bearing a very less interest rate of 8%.

Graded Death benefit limitation is for the first two years of inception of this Insurance policy.

  • Death due to illness within the first two years fetches a full refund of all premiums paid plus 10%.
  • Death due to accident within the first two years fetches a full face amount.
  • Death due to suicide within the first two years only a refund of all paid premiums.
Remember, it costs nothing to apply and you have 30 days to review the policy before the first premium is due!

*Federal Trade Commission. "Funerals: A Consumer Guide." June 2000, Adjusted using the Bureau of Labor Statistics CPI for 2005.

In the following states, FL, LA, MD, MO, MT, NH, NJ, OR, SC, WV, our Guaranteed Life policy is only available by phone at 1-800-704-2180. This policy is not available in AR, MA, MN, PA, WA, Northwest Territories, Nunavut, Quebec and Yukon.


1 comment:

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