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Gerber Life Insurance?

Anyone have this insurance for their children? What's some thoughts on why to get it? Anyone with children old enough for college...did you use this as an investment for college funds? How did it work for you? What were your experiences? My boys are 5 and 2. I've got these ads in the mail since my oldest son was born. I can't bring myself to apply for life insurance for my kids because, to me, I just feel morbid about it. I realize it could be a good investment for the future, but what is the difference between using a life insurance policy versus investing?

Public Comments

1. I personally use Life insurance for my husband and for me and College prepaid for my sons.
2. Most people buy life insurance as a means to replace income lost if something happens to them. Providing money for survivors is important. Life insurance is the most cost effective way to do it. Investment is an asset usually purchased, or equivalently a deposit is made in a bank, in hopes of getting a future return or interest from it.
3. It's a rip-off. If you're interested in setting up a college fund, go and ask at a couple of banks. You're much better off putting that money aside elsewhere.
4. i have gerber insurance for my daughter i pay 35 dollers every 3 months.and at age 21 she will get 30,000 dollars.and shes gonna use it for school i make sure of that.