Lines of Insurance:
Life

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Type of Insurance Company: Will be Stock (parent)

Name of Parent Company:
Nestle (in progress)

Company Overview:

Company History: Founded 1967 as an affiliate of the Gerber (baby food) Products Company, Gerber Life, which is being acquired by the Nestle Company, now sells insurance throughout the U.S., Canada and Puerto Rico.

Principal Methods: Direct marketing...apply online.

Life Annuity Business: Gerber Life sells Individual Whole, Term, Burial Expense and AD&D insurance for adults, plus child and young adult policies.

Special Business: Gerber Life sells Child (to age 12) and Young Adult Whole Life insurance policies.

Company Rating:
Best Insurance Reports: A
Url of page rating was collected: http://www3.ambest.com/ratings/FullProfile.asp?BL=0&amb=7299&AltNum=14937299&AltSrc=4
Best Rating: A.M. Best rating: A (excellent)

Company Financial Status:
Assets & Premiums: 2006 Assets: $1.2 billion