Gerber Life vs. Oxford: Top Life Insurance in 2024

Gerber Life and Oxford are life insurance providers with different areas of focus. Gerber Life offers permanent and term life insurance quotes from adolescence through death. Oxford is focused on elderly customers.

We’ll help you compare Gerber Life vs. Oxford so you can decide if either of these life insurance providers is a good fit for you.

Before comparing Gerber Life vs. Oxford, enter your ZIP code to discover the best life insurance quotes in your area.

Gerber Life vs. Oxford: What are their monthly rates?

Comparing the monthly rates between the two life insurance providers should be your first step. The following chart shows Gerber Life vs. Oxford life insurance rates for a $10,000 whole life policy for men of different ages.

Gerber Life vs. Oxford: Male Whole Life Average $10,000 Policy Monthly Rates by Age

The next chart shows the same information for women.

Gerber Life vs. Oxford: Female Whole Life Average $10,000 Policy Monthly Rates by Age

As you can see, Oxford has lower monthly rates than Gerber Life. This is primarily because of their limited options and coverage. You can also see that the rates for women are lower than the rates for men for the same coverage.

Gerber Life vs. Oxford: What policies do they offer?

Gerber Life and Oxford offer different types of policies. Gerber Life is focused on providing life insurance to young families, while Oxford focuses on insurance for the elderly. These different areas of focus are represented in the policies each company provides.

Gerber Life offers term life insurance in 10-, 20-, and 30-year terms. The coverage of these limited-time policies ranges from $100,000 to $300,000. Only those 51 and older require a medical examination.

The company offers a wide variety of permanent life insurance quotes, allowing a person to maintain life insurance from childhood through adulthood. The right policy for you will depend on your age, and you can convert to a different policy at a later date.

The Gerber Life Grow-Up Plan is a child policy that can be purchased by a parent, grandparent, or other legal guardian. Available for those between the ages of 14 days and 14 years, coverage ranges from $5,000 to $50,000. The policy doubles at age 18 and the child can become the policyholder at 21.

The company also offers a teenage plan for those that wait until the child has turned 15 to purchase life insurance. Available for those between the ages of 15 and 17, this policy links the Grow-Up Plan with the adult plans, which start at 18 years of age.

Gerber Life adult plans start at 18 years of age and offer coverage ranging between $50,000 and $300,000. A child plan can be converted into an adult plan when the child turns 18 and additional coverage can be purchased at 21. Similar to the term life policies, only those 51 and older require a medical exam.

The provider offers a senior life policy that is designed for final expenses. Available for those between 50 and 80 years of age, coverage ranges from $5,000 to $25,000. The purpose of this policy is to pay for funeral and burial expenses, taking the burden off of loved ones.

Oxford only offers three policies, all with a minimum age of 50. These elderly-focused policies are designed for final expenses and inheritance. The coverage of these policies won’t drop after the premium is paid and customers can receive immediate approval.

The Prosperity Select plan is an inheritance insurance option. This allows a policyholder to leave money for loved ones while minimizing tax liabilities. This policy is available for those between the ages of 50 and 85 and coverage ranges from $5,000 to $30,000.

Oxford’s Assurance and Assurance One plans are for final expenses. Available for customers between 50 and 85 years of age, they range from $5,000 to $30,000 in value. The primary difference is that Assurance One features only one payment while the Assurance plan requires ongoing premium payments.

Gerber Life vs. Oxford: What riders are available?

Life insurance providers commonly offer additional options that can be added to a policy. Known as riders, they allow the policyholder to customize their life insurance. Gerber Life and Oxford offer riders that can be added to a policy for an additional premium.

The only rider offered by Gerber Life is the guaranteed purchase option rider. Only available for the Gerber Life Grow-Up Plan, this allows the child to purchase additional life insurance when they become the policyholder at 21 years of age.

Oxford offers multiple optional riders that can be added to a policy. Optional riders offered by Oxford include:

• Terminal illness rider
• Chronic illness rider
• Nursing home rider
• Common carrier rider

While Oxford offers more optional riders than Gerber Life, both companies have a fairly limited selection compared to their competitors.

Gerber Life vs. Oxford: What are their financial ratings?

Credit rating agencies provide financial ratings on life insurance providers. These ratings determine the likelihood that a company will be able to provide a payout when a claim is filed. 

Gerber Life and Oxford have both received an “A” from A.M. Best. The second-highest rating possible informs customers that the companies should be able to provide a payout, even during difficult economic times.

Read more:

• Gerber Life vs. Prosperity Life: Top Life Insurance
• Gerber Life vs. Royal Neighbors: Top Life Insurance

Gerber Life vs. Oxford: Company Background

Gerber began selling life insurance in 1967. Headquartered in Fremont, MI, the company focused its efforts on young families, as it still does today. Gerber now offers final expense insurance as well.

The Oxford Life Insurance Company was founded in 1967 in Phoenix, AZ with to provide final expense insurance. A subsidiary of the North American Insurance Company and Christian Fidelity Life Insurance Company, Oxford continues to focus its efforts on final expense insurance and inheritance options.

Gerber Life vs. Oxford: The Bottom Line

The decision between Gerber Life and Oxford largely depends on the type of life insurance you want. Gerber Life offers insurance for younger people, while Oxford only offers final expense and inheritance insurance.

Comparing affordable Gerber Life vs. Oxford life insurance quotes will help you determine the right choice for your needs.

Now that you’ve finished this Gerber Life vs. Oxford life insurance review, enter your ZIP code to compare rates for the best life insurance companies in your area.

Gerber Life vs. Oxford: Frequently Asked Questions

Here are some frequently asked questions about Gerber Life and Oxford life insurance.

#1 – Are Oxford Life Insurance and Oxford Health Plans the same company?

The Oxford Life Insurance Company is not affiliated with UnitedHealthCare Oxford Health Plans.

#2 – Can I buy Gerber Life insurance online?

Gerber Life insurance can be purchased online or by phone. 

#3 – Can I buy Oxford life insurance online?

Oxford life insurance customers must call the company to purchase a policy.

#4 – What else can be purchased from Gerber Life and Oxford?

In addition to life insurance, Gerber Life offers a college savings plan. Oxford offers annuities and medicare supplements for customers.