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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Sep 14, 1976
Page
16
A town newspaper page promotes Gerber Life new 40 Plus policy for ages 40 to 70 with no medical exam or health questions. It promises permanent cash value life insurance that won’t decrease or have rising payments, and notes initial coverage for accidental death only in the first two years.
The policy pays death benefits if death occurs from any cause after two years. In the first two years, death by own action or war is excluded and premiums plus 5 percent interest go to the beneficiary. After two years full face amount is paid. The plan builds cash and loan values after two years and allows surrender for immediate cash.
The text explains policy features including cash value loan option at 5 percent interest and paid up insurance after stopping premiums. It emphasizes reading the policy, timing for first premium within ten days, and that you can choose cash value or paid up insurance, not both. It notes you control when to spend and that coverage starts after payment.
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