Important Update: Renewals Added to Guaranteed Life

Coming Soon — Important Changes to the Guaranteed Life Insurance Plan

GREAT NEWS, 4 YEARS OF RENEWALS ADDED!

Gerber Life Guaranteed Life Insurance provides peace of mind by planning ahead to ease the burden of final expenses. This whole life insurance policy provides up to $25,000* to help pay medical bills, leftover debts and funeral costs. Regardless of your health, you can’t be turned down and the premiums are guaranteed to never increase.

Product Changes Effective January 1, 2018, Renewals in years 2-5:

  • First year commission remains the same, renewals added years 2-5
    • Writing agent(s) receive 4 renewal points for four years

Transition Rules:

  • All applications received on or after January 1, 2018, with the revised (1117) application and paying the new premium rates, will be paid at the new rate. Ensure you are using the latest application with the new premiums to receive enhanced compensation. No exceptions
  • Policy must remain in force to receive renewals. Normal chargeback rules apply for nonaccidental deaths in the first two years.

Marketing Material:

  • Updated marketing and training materials are available by logging onto the Gerber Life Agent Portal: www.gerberlifeagency.com

* Available in all states except MT. SD limits the face amount to $15,000. Requirements may vary, depending on the state where you live. Please refer to the policy for limitations and exclusions that may apply. Policy Form ICC12-GWLP and Policy Form Series GWLP-12.
 

Important Update: Renewals Added to Guaranteed Life
 
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