The Gerber Life Insurance Company was formed in 1967 in

Fremont, Michigan Fremont is a city in Newaygo County, Michigan, United States. The population was 4,516 at the time of the 2020 census. History The first inhabitants of the Fremont area were Native Americans. A group of settlers led by Daniel Weaver first s ...

. Gerber Life provides juvenile and family life insurance products to middle-income families along with medical insurance to small- and medium-sized businesses. It is currently owned by

Western & Southern Financial Group Western & Southern Financial Group, also commonly referred to as Western & Southern, is a Cincinnati, Ohio-based diversified family of financial services companies with $111.6 billion in assets owned and managed as of December 2021. As of 2022, it ...

, who licenses the Gerber trademark from the

Gerber Products Company Gerber Products Company is an American purveyor of baby food and baby products headquartered in Florham Park, New Jersey, with plans to relocate to Arlington, Virginia. Gerber is a subsidiary of Nestlé. Other Gerber products currently produced ...

unit of

Nestlé Nestlé S.A. (; ; ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest publicly held food company in the world, measured by revenue and other metrics, since ...

History

Gerber Life is headquartered in

White Plains, New York (Always Faithful) , image_seal = WhitePlainsSeal.png , seal_link = , subdivision_type = List of sovereign states, Country , subdivision_name = , subdivision_type1 = U.S. state, State , su ...

, and has an operation center in

. The company has $52 billion of life insurance in force with 3.6 million policies for individuals throughout the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

Puerto Rico Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and unincorporated ...

, and

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

. In 2007, Nestlé acquired the company with Gerber Products. Nestlé announced on September 17, 2018, that it would be selling the Gerber Life Insurance Company to

for $1.55 billion.{{cite web, url=https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977, title=Nestlé to Sell Gerber Life Insurance to Western & Southern Financial, first1=Leslie, last1=Scism, first2=Robert, last2=Barba, date=17 September 2018, publisher=, via=www.wsj.com

Products

* Whole Life Plan * Family Life Insurance Plan * Accident Protection Insurance * Gerber Life College Plan

References

External links

Gerber life insurance Grow up plansGerber Life Insurance corporate Web site
Financial services companies established in 1967 Companies based in Michigan American companies established in 1967 Newaygo County, Michigan 1967 establishments in Michigan Companies based in White Plains, New York Life insurance companies of the United States 2018 mergers and acquisitions