With 21st Century technology in place, most people can purchase affordable life insurance without leaving their homes or even talking to an agent. In fact, most healthy individuals can buy life insurance using their mobile device, tablet, or computer, and never have to bother with a medical exam.

There is, however, a large group of individuals who cannot medically qualify for traditional life insurance because of severe or multiple health issues and their age.

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There is good news, however, a handful of life insurance companies are available that will issue life insurance to virtually any living person with no medical questions asked and no medical exam required.

Gerber Life Insurance Company is one of the few insurers who are willing to take that risk and offer a guaranteed issue life insurance policy to anyone between the ages of 50 and 80.

About Gerber Life Insurance Company

Gerber Life Insurance Company was founded in 1967 with the goal of providing quality life insurance products to families across America. Today, Gerber Life is a leading provider of life insurance for children and adults and offers a wide range of insurance products to meet the needs of policyholders.

Gerber continually demonstrates the financial ability to meet the needs of its policyholders by earning an A ) Excellent rating from A.M. Best which represents the third highest rating out of thirteen possible categories.

The Gerber Life blog is a great resource for information about the company, its products, and the life insurance industry in general. The blog features articles on a variety of topics, including choosing the right life insurance policy, understanding life insurance terms and coverage, and maximizing the benefits of your policy. You can also find helpful tips on how to save money on your premiums and get the most out of your coverage.

Whether you’re looking for information on Gerber Life products or want to learn more about life insurance in general, the Gerber Life blog is a great place to start.



What is Guaranteed Issue Life Insurance?

Gerber offers a type of life insurance called guaranteed issue life insurance. This means that regardless of your health, you will be approved for coverage. There are no medical exams or questions required.

This makes it a good option for people with pre-existing medical conditions who may not be able to get coverage elsewhere. Coverage amounts are usually lower with this type of policy, but it can be a good option for people who cannot get coverage elsewhere.

Guaranteed issue life insurance policies are generally available to individuals between ages 50 and 80 and are designed using whole life insurance. This means that the benefits provided by traditional whole life insurance are also found in guaranteed issue life insurance.

  • Your policy can never be canceled by the company as long as the premiums are paid
  • The insurance company cannot increase your premium for any reason. Even if you are diagnosed with a terminal illness and forced to live in a nursing home or hospice facility.
  • Life traditional whole life insurance, your cash value will earn guaranteed tax-deferred interest which can be accessed for any reason without regard to your credit history.



Is a Medical Exam Required?

You don’t have to take a medical exam to qualify for Gerber life insurance. This makes it a good option if you have a health condition that might make it difficult to get approved for other types of life insurance. However, because there’s no medical exam, the coverage is more limited than it would be because the company is accepting an unknown medical risk.

Moreover, there are no lengthy medical questions to deal with since your health is not considered a part of the underwriting process. Virtually, any living person who is alive can purchase guaranteed issue life insurance and have a policy issued in a matter of days rather than weeks or months which makes Gerber’s policy a great choice for seniors looking to buy final expense life insurance.



How can Gerber afford to Sell Life Insurance to People with Severe Medical Conditions?

To offset the risk of issuing life insurance policies to people who cannot qualify for traditional life insurance, Gerber reduces its risk in two significant ways:

  1. Your policy will have a graded death benefit during the first two years of your policy. If you die during the first two years from natural causes, the death benefit will be reduced to the sum of all premiums paid to the company plus an additional 10%. For example, if your monthly premiums are $50 and you die from natural causes in the 16th month of the policy, your beneficiary would receive $880 ($50 x 16 x 1.10). However if your death was the result of an accident, your beneficiary would receive the full death benefit which is paid in a lump sum and generally tax-free.
  2. Your monthly rates for the life insurance coverage will be considerably higher than if you were able to purchase a traditional life insurance policy.


Gerber Life Insurance infographic

How Much Does Gerber Guaranteed Issue Life Insurance Cost?

Male Applicant


Female Applicant


What Questions Are on the Guaranteed Issue Application?

Since there are no medical questions on Gerber’s guaranteed issue life application about the applicant’s health, occupation, high-risk hobbies, or foreign travel, the application is very quick and easy. Here’s what the company will want to know:

  • Full name of the applicant
  • Date of birth and gender
  • Social Security Number
  • Legal residence address
  • Email address (if any)
  • Primary phone number and secondary phone number (if any)
  • Citizenship status
  • Amount of life insurance ($5,000 to $25,000)
  • Name, address, and contact information of the policy owner (if not the same as the applicant)
  • Beneficiary and relationship
  • Contingent beneficiary (if any) and relationship
  • Amount of life insurance with other companies
  • Will the Gerber policy replace any existing life insurance policy?


Frequently Asked Questions

Will my beneficiary be taxed on the insurance proceeds when I die?

In most cases, your beneficiary will not have any tax liability when they receive your death benefit.

Can I buy guaranteed issue life insurance with a terminal medical condition?

Yes, you can. Guaranteed issue life insurance is not medically underwritten so your terminal medical condition is irrelevant to the underwriter.

What’s the difference between guaranteed issue and guaranteed acceptance life insurance?

Guaranteed issue and guaranteed acceptance are used interchangeably and are referring to the same type of insurance policy.

Can I get a loan against the cash value in my Gerber guaranteed issue life insurance?

Once your policy’s cash value has grown to a sufficient amount, you can borrow money from the insurance company and your cash value is used as collateral. If you die before paying the loan back, the insurance company will deduct the outstanding loan from the death benefit.

For more information about Gerber guaranteed Issue life insurance, please call us at 631-291-2993 during normal business hours on the east coast or contact us through our website 24/7.