Gerber Life Operations
Announcement
November 18, 2019

Gerber Life Update

Important Changes to the Gerber Life Grow-Up® Plan, Young Adult and Guaranteed Life CSO Mortality Tables.

The National Association of Insurance Commissioners (NAIC) has adopted the 2017 Commissioners Standard Ordinary (2017 CSO) mortality tables. Life insurance policies are required to use the updated 2017 CSO Mortality Tables by January 1, 2020. Additionally Guaranteed Life Issue policies will continue to use the 2001 CSO Mortality Tables. As a result the following changes will be made:

1. Grow-Up® Plan and Young Adult Grow-Up® Plan Transitions to the 2017 CSO Mortality Tables

All Grow-Up® Plan and Young Adult Grow-Up® Plan policies issued and paid for on November 20, 2019 or thereafter, will be based on the 2017 CSO Mortality Tables in all states.

2. Guaranteed Life Transitions to the 2001 CSO Mortality Tables

All Gerber Life Guaranteed Life policies issues and paid for on November 20, 2019 or thereafter will be based on the 2001 CSO Mortality Tables in all available states.

Premiums for all products will stay the same.

Download the Gerber Life "Agent Zone" app for Quick Quotes

The Grow-Up® Plan is available in all states. In CA, CT, DE, DC, FL, NY, ND, SD, and WA, requirements vary somewhat. Additional information or a state-specific application is available If the insured dies by suicide during the first two years from the Issue Date (one year in ND), the only amount payable will be the premiums paid for the policy, less any debt against the policy. Coverage and benefits are subject to Gerber Life insurance limits. Policy Form: ICC12-GPP and Series GPP-12.

Guaranteed Life is issued in all states except MT. Policy Form ICC12-GWLP and Policy Form Series GWLP-12. Terms, conditions, exclusions and limitations can vary by state. Please refer to the policy for terms, conditions, exclusions and limitations that may apply. Coverage and benefits are subject to Gerber Life Insurance limits.

Gerber Life Insurance is a trademark. Used under license from Société des Produits Nestlé S.A. and Gerber Products Company.

FOR AGENT USE ONLY. NOT TO BE USED WITH CONSUMERS

AGT-EM164 (1119)