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Kids grow up. So should their life insurance. That’s how the Grow-Up® Plan works. | Gerber Life

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A class action lawsuit claims that Gerber Life Insurance Company’s savings plans such as the Gerber Life College Plan and the Grow Up Plan provide “no meaningful savings benefits.” The plaintiff says that she signed up for the Grow-Up Plan for all three of her grandchildren and made this decision based on Gerber’s advertisements that the plans would provide cash value when each child turns 18. Instead, she allegedly found out that the cash value accrued for one of her grandchildren’s plans would