<prompt> Human: Were expecting a new baby and my wife is hung up on Gerber Life Insurance. Can someone help explain to her how this is a borderline scam? From what Ive read youre essentially giving them money, interest free, which they will return once the child becomes college age. And of course while paying taxes on the money.  <response>: Also,if you compare rates and returns with policies elsewhere,Gerbers is really a poor deal.I found that out 40 years ago. 