Thinking about purchasing…
A small burial life insurance policy? But not quite sure which life insurance company is going to be the right one for you?
Or maybe, you’ve narrowed down your search to just a few companies such as Gerber and Allianz and now just need to figure out if one might be a better fit than the other?
Well if so…
Then you may find the following comparison chart quite helpful in making your final decision.
|
|
|
|---|---|---|
| Comparing ⟶ | Gerber Life | Allianz Life |
Year Founded |
1967 |
1896 |
Company Structure |
Private |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✗ |
Universal Life |
✗ | ✓ |
Final Expense |
✓ | ✗ |
Ratings: |
||
A |
A+ |
|
| ✗ | AA |
|
| ✗ | ✗ | |
| ✗ | ✗ | |
| ✗ | 97 |
|
Not Accredited |
A+ |
|
0.51 |
0.14 |
|
IBUSA’s Overall Score |
||
Company Review |
Now as you can see…
Both Gerber and Allianz are both very reputable insurance companies, which is why you probably can’t go wrong choosing either assuming that you would be able to qualify for the same “rate” with each.
The only problem is…
That making this “assumption” can sometimes be quite costly. Which is why, you may want to give us a call here at I&E before you decide to apply for coverage, because while both Gerber and Allianz are both outstanding insurance companies, each of them are going to have their own unique underwriting guidelines which will determine who they will and won’t insure.
These guidelines are…
Also going to play a major role in determining what “price” you may pay for your insurance. So, while each of these companies may be the right choice for many, it’s quite possible based on your unique situation that one or both of these companies may not be the “right” for you!
The good news is…
That we here at I&E work with dozens of different life insurance companies so that when it comes time to determine which company is going to be the best for you, we don’t have to rely on just one or two different options.
Options such as traditional term life insurance policies as well as no medical exam life insurance policies as well.
