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What do you think of Gerber Grow Up Life Insurance??

Lucy_Plus_One!Lucy_Plus_One! member
in Babies: 0 - 3 Months

Its the one that you pay a monthly premium and get life ins on LO and the rates never change. At age 18 the life ins coverage amount doubles and after age 25 they can take out all the money you put in... or they can choose to keep paying the same premium to keep their life ins.

It would be like $10/mos for $15k life ins which would double to $30k at age 18. 

Does this sound like a good deal? Anyone do it??

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Re: What do you think of Gerber Grow Up Life Insurance??

  • lildutchlildutch
    My DD doesn't provide an income for our family so I don't see the point.  I can put that money into a college fund for her that earns a higher interest rate.
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