We know how important it is for insurance companies to have a holistic view of their cross-channel advertising activity in the modern digital world. We’re proud to maintain a strong partnership with one of the top providers in the insurance industry Gerber Life Insurance Company (GLIC), who, for more than 50 years, has been providing quality budget-friendly life insurance products to middle-income families. Our collaboration started when GLIC realized it’s essential to understand their media mix better to drive more efficient customer acquisition. Also, they aimed to shift from last-click attribution to multi-touch attribution to discover the true value of programmatic display media within...
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Fabric by Gerber Life, a life insurance innovator helping parents protect their family’s financial future, announced a new term life product alongside a reimagined online application experience. Leveraging a quick and easy application experience and an industry-leading accelerated underwriting process, customers can apply for a term life insurance policy in less than 10 minutes and receive an instant offer and competitive final pricing – without medical exams or complex paperwork. This new product from Western & Southern Financial Group was developed exclusively on the Fabric by Gerber Life platform to maximize consumer value. Built by parents, for parents, Fabric by Gerber...
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Gerber Life Insurance Medicare Insurance Plans Although mainly known for policies insuring the lives of children and families, Gerber Life Insurance Company also provides Medicare plans. Specifically, Gerber Life underwrites Medicare Supplement and Medicare Select plans. Gerber Life Medicare Supplement Plans Gerber Life offers Medicare Supplement plans, also known as Medigap. These policies help pay costs not covered by Original Medicare. Benefits and costs vary according to the plan you choose. In addition, Gerber Life offers Medicare Select plans, which are a type of Medigap plan available in certain states. Enrollees must use the plan's network of providers to receive coverage of...
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Why Gerber Final Expense? Whether your clients have existing life insurance coverage or none at all, a Gerber Life Guaranteed Life policy can help fill the gaps in life insurance protection. Your clients can get up to $25,000 in life insurance coverage at an affordable rate, which can help pay funeral costs, unpaid medical expenses, loan balances, credit card bills, and other outstanding debt. Even if your clients already have life insurance, they may be underinsured. Inflation may have cut its value over the years, so the insurance they bought even a few years ago may not be sufficient for their needs. A Gerber Life Guaranteed Life policy is a great way to help counter the effects of...
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NCDOI fines Gerber Life Insurance Company $1.1 million for claims violations Gerber pays $2.5 million in consumer recoveries North Carolina Insurance Commissioner Mike Causey announced today the North Carolina Department of Insurance has entered into a voluntary settlement agreement with Gerber Life Insurance Company that includes a $1.1 million penalty for numerous violations related to its claims practices for accidental death and dismemberment policies. “No family should have to endure the frustration and struggle to get the death or dismemberments benefits to which they are entitled, especially while they are grieving the loss of a loved one or suffering from the loss of a limb,” said...
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Western & Southern Financial Group has reached an agreement with Nestlé S.A. to acquire Gerber Life Insurance Company, a wholly owned indirect subsidiary of Nestlé, for an aggregate purchase price of $1.55 billion, the two parent companies announced today. The purchase includes a long-term license to use Gerber Life intellectual property in connection with financial services. The deal brings a leading direct-to-consumer life insurer and renowned brand to Western & Southern’s diversified family of financial services businesses. Gerber Life, headquartered in White Plains, New York, brings its valuable product offerings and focus on protecting families to a...
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While Gerber is recognized in America as a trusted brand of baby food products, a proposed class action claims Gerber Life Insurance Company’s “savings” products are “the financial equivalent of junk food.” According to the lawsuit out of Kentucky, Gerber’s “Grow-Up Plan” and “College Plan,” despite being marketed as an easy way for parents and grandparents to save for a child’s future, actually provide “no meaningful savings benefits.” The case alleges that Gerber misrepresents the nature of both plans as savings vehicles when the products are really life insurance policies that will most likely end up leaving consumers with “a guaranteed loss at best and a total loss of their investment...
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Western & Financial Group announced today that has acquired Fabric Technologies, a company that sells protection-oriented insurance to families through the web and through a mobile app, from Bessemer Venture Partners. Western & Southern is a Cincinnati-based insurer that was founded in 1888 and owns or manages about $113 billion in assets. Fabric was founded in 2015 by Adam Erlebacher and Steven Surgnier. It has helped 60,000 people buy term life insurance and accidental death insurance from Penn Mutual’s Vantis Life Insurance Company subsidiary. Western & Southern said in 2018, when it acquired Gerber Life Insurance Company, a well-known life insurance for children through...
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(Reuters) - Nestlé dijo el lunes que vendería su unidad Gerber Life Insurance a Western and Southern Financial Group por 1.550 millones de dólares en efectivo, lo que ayudaría a la compañía a concentrarse en su negocio principal de alimentos, bebidas y productos de la salud. Nestlé, que ha visto una desaceleración de sus ventas debido a un giro de los consumidores hacia productos más saludables, había estado revisando su cartera para vender marcas de bajo desempeño, mientras compra y lanza nuevos productos para enfrentar sus desafíos. “Esta medida es parte de la evolución de nuestra cartera”, dijo el presidente ejecutivo de Nestlé, Mark Schneider, en un comunicado. Nestlé, con sede en Suiza...
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Gerber Life Insurance Review Life insurance is one of those things that everyone needs, but no one likes to talk about. When you’re young and have the luxury of thinking that you’ll live forever, life insurance doesn’t cross your mind. Marriage and kids often change that outlook, and you find yourself wondering “What will happen to my family if I die?” As we get older, “if” becomes “when,” and we want to be sure our families do not become saddled with financial burdens upon our passing. The Gerber brand has been around for nearly 100 years, and Gerber Life Insurance provides policies throughout the United States, Canada and Puerto Rico. They have over 3.3 million policies in force,...
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