Gerber Life Insurance has an A (Excellent) financial strength rating from AM Best, an independent rating agency focused on the insurance industry. The Gerber Life complaint index is low, in line with most of the top life insurance companies we review who maintain a complaint index of well under 1.0 each year. That means that Gerber Life had fewer complaints than expected over a three-year period given the company’s size. We also measured its NAIC complaint indexes over three years, resulting in Gerber receiving an average NAIC complaint index of 0.47. Gerber Life had a complaint index of 0.33 in 2023. The lower the complaint index, the better.

A complaint index lower than 1.0 means the company received fewer complaints than expected, while an index greater than 1.0, means it received more than expected. An index of 1.0 indicates the company received the number of complaints expected for a company its size. The National Association of Insurance Commissioners (NAIC) collects data on complaints against insurance companies and creates a “complaint index” so consumers can get a quick idea of how many complaints an insurance company receives. Many other companies offer coverage well into the millions, even without requiring a medical exam. Low coverage limits: You will need to call Gerber Life to be approved for a death benefit greater than $300,000, and the highest death benefit you can get is $1 million.Of the 32 companies we collected term life insurance quotes for, Gerber’s was the second most expensive across all age groups. Very expensive term coverage: Gerber charges more than double what many other insurance providers charge healthy applicants, and almost triple what the most affordable insurers charge-which could undo any discounts the company offers.Automatic payment discount: You can save up to 10% on your monthly premiums by enrolling in automatic deductions from your account.Child life coverage doubles at 18: Gerber Life automatically doubles the death benefit on its policies for kids and young adults when the child reaches age 18 without a rise in premiums.Quick decision: It’s possible to get a decision instantly if you qualify for coverage without a medical exam or if you’re applying for a guaranteed issue policy.Many customers will qualify for no-medical-exam life insurance for up to $300,000 in coverage. Easy to apply for coverage: Gerber Life makes it easy to submit your application for most policy types online.

Gerber baby life insurance