Gerber Life Insurance?
I have Gerber Life Insurance for both my daughters. What happens when they turn 18, do they get any money from their policy, or is this insurance for them for if and when I pass?
Public Comments
- Neither. It is insurance for if and when they (not you) die. Since they are under 18 now and the typical age at death in the U.S. is over 70 and rising fast enough to be over 80 by the time they turn 70, there should be some money sometime between 2070 and 2100.
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