We look forward to welcoming a new generation of customers to Canadian Premier and providing them excellent products and services. Gerber Life is one company that offers life policies. “Canadian Premier is committed to providing financial security to families throughout moments that matter. A Types of Policies Available Term, Whole When you’re faced with a myriad of insurance companies, choosing one can prove a difficult task. Canadian Premier is well positioned to support the diverse market need for both life and specialized protection. Gerber Grow-Up Plan & Life Insurance Review: Better for Seniors Than Saving for College. We are invested in Canada and in pursuing opportunities that expand our footprint beyond our core group creditor insurance business. Closing of the transaction remains subject to regulatory approval.Ĭhief Executive Officer (CEO) of Canadian Premier, Suzette Huovinen, said: “This is an exciting acquisition for Canadian Premier as we focus on growing in the Canadian marketplace. Login Sign Up while we have more than 1 lakh job postings for Canada. Purchased by parents, grandparents, and permanent legal guardians, Gerber Life’s Grow-Up Plan provides a child or grandchild with up to 50,000 of coverage that automatically doubles during age 18 with no increase in monthly premium. A whole life plan, you have the option of adding additional coverage at set stages. In this short time span the company has grown to become a. The Grow-Up Plan is whole life insurance designed for children ages 14 days to 14 years old. Insurance for children: They are best known for their Gerber Life Grow-Up Plan, which. Gerber Life’s Grow Up Plan is a life plan for your child that lets you ensure their financial future can be planned ahead of time, giving your child the wealth and security they need when transitioning to adulthood. The deal is expected to close in the second-quarter of 2020 and once completed, the Gerber Life Canadian policies will be fully assumed by Canadian Premier. The Grow-Up Plan gives your child ,000 in whole life insurance protection now. They currently sell policies throughout the U.S., Canada and Puerto Rico. The block of Canadian life insurance business is marketed under the Gerber Life brand and includes individual life insurance policies, primarily the Grow Up plan, which are whole life policies geared towards children 12 years and under. domiciled Western & Southern Financial Group. Top Global Insurance & Reinsurance BrokersĬanadian Premier Life Insurance Company has entered into an agreement to acquire a block of Canadian life insurance business from U.S.
Reinsurance mergers & acquisitions (M&A).
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