Gerber Life Insurance vs American General Life Insurance (Corebridge Financial)
Comprehensive side-by-side comparison of indexed universal life insurance companies
Gerber Life Insurance
Founded: 1967
White Plains, New York
Assets
$52 billion+ in force (Western & Southern)
IUL Experience
0+ years
Products
0
Avg Cap Rate
N/A
Key Strengths
Does NOT offer IUL
Specializes in children's/family insurance
American General Life Insurance (Corebridge Financial)
Founded: 1926
Houston, Texas
Assets
$393 billion (Corebridge consolidated)
IUL Experience
15+ years
Products
3
Avg Cap Rate
9.5%
Key Strengths
4.4 million policyholders, $393B assets
18 duration options (most flexible in industry)
AU+ accelerated underwriting (60%+ qualify, some approved in 24 hours)
Strong high-risk underwriting history
Multiple index crediting with safeguards
Detailed Feature Comparison
| Feature | Gerber Life Insurance | American General Life Insurance (Corebridge Financial) |
|---|---|---|
| Founded | 1967 | 1926 |
| Headquarters | White Plains, New York | Houston, Texas |
| Assets Under Management | $52 billion+ in force (Western & Southern) | $393 billion (Corebridge consolidated) |
| Years in IUL Business | 0+ years | 15+ years |
| Number of IUL Products | 0 | 3 |
| Typical Cap Rate Range | N/A - N/A | 8% - 11% |
| Participation Rates | N/A | 115% |
| Minimum Premium | N/A | $5,000 annual |
| Issue Ages | N/A | 0-85 years |
| Underwriting Speed | N/A | 24 hours to 4 weeks (60%+ qualify for accelerated) |