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Edgar Arceo
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Gerber Life Insurance Blog

Is Gerber Life Insurance worth your time and money? Is Gerber Life a good idea?

I created this blog for anyone who is thinking about getting a Gerber Life Insurance policy. I spent several hours researching this strategy to save you some time.

When our baby was born, we immediately received literature in the mail from Gerber about issuing a life insurance policy for our baby.

So here are the marketing lines:

1) IT’S A GREAT WAY TO PROTECT YOUR CHILDREN. This sounds great, but - is it really? When you insure your children, who are you really protecting? You are protecting yourself in case the child dies. There is nothing wrong with that, but see my point.

2) LEVEL PREMIUMS THROUGHOUT THE LIFETIME OF THE INSURED. Meaning that premiums cannot go up, but what if, after 10 years, you don’t want to (or can’t) pay the premium? What if in 20 years you are not here to pay the premiums and your child doesn't want to continue paying premiums? What is going to happen? The policy will most likely lapse.

3) FACE AMOUNTS DOUBLE WHEN THE INSURED REACHES THE AGE OF 18, BUT PREMIUMS STAY THE SAME. So they are giving you double the death benefit for “free," right? But wait – is it really for free? Or were you really paying for the double death benefit the whole time, but Gerber is just giving it to you at the age of 18?

4) OVER TIME, CASH VALUE GROWS IN THE POLICY, WHICH CAN BE USED FOR ANY REASON. Now, this is something I am really interested in, because this could actually be something beneficial for my child – for example, to help him/her with college tuition.

So based on this last point, I applied online to see how this policy could help my baby in the future. I applied for a death benefit of $50k. I recieved an approval really fast, telling me to send Gerber a premium asap to start the policy. The premium was $34.89 per month.

This sounded fine and dandy: Level premiums, death benefit of $50k, and $100k when she turns 18… but what about the CASH VALUE? I asked Gerber about this, and they took a LONG time to reply. They finally told me that I would receive an illustration (showing cash values every year), AFTER sending the first premium. But after pushing them a little harder for an illustration, I received an estimated cash value for the first 10 years, showing zero cash value for the first 3 years, and a cash value of $1,419 in year 10.

Now the question is: CAN YOU DO BETTER THAN THIS?! And the answer is ABSOLUTELY! We all love Gerber – we all love their baby picture logo, and we all love their baby foods, but when it comes to life insurance, there are MUCH better options!

Now, I happen to be an expert in structuring policies for cash accumulation purposes. However, in order to do that, I need to minimize the death benefit as much as possible (in order to be within IRS guidelines), so my worry was that I was not going to be able to offer the same amount of death benefit as Gerber Life Insurance.

But I ran the numbers to compare – and here are the results:

Paying the same premium of $34.89 per month, I will have a death benefit of $200,000 – DAY 1! So who cares if Gerber doubles the death benefit from $50k to $100k?!

Also, I would have more than double Gerber's cash value that you can access tax-free (with no penalties).

What else? Well, I can actually stop paying premiums after 10 years, and the policy will keep growing strong – no policy lapse.

And did I mention that the cash value will grow tax-free? That is something that – according to my research, you won’t get with Gerber. Gerber’s policy will be a MEC, which means that you will have to pay taxes on the growth of your money.

Also, all the companies we work with are rated better than Gerber Life, and have been in business for longer.

So which company is better than Gerber? It is sad to say – but there are too many to mention here. If I could give you a recommendation, I would tell you to look for a MUTUAL life insurance company and get a quote from them. They will be able to give you an actual illustration (unlike Gerber), so you can see exactly how your policy will work throughout the years (cash value and death benefit).

But if you would like me to structure that policy for you, please give us a call or send us an email at, or you can contact me directly at

For more information, please visit our website at, and click on “how it works."

Thank you for reading.


Edgar I Arceo

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Senior’s 770 Account – Using a Single Premium (or a Lump-Sum) Contribution.
(A great alternative to CDs and Money Market accounts).

I have received hundreds of emails asking me about this “mysterious” Senior’s 770 Account. It is nothing more and nothing less than a “Single Premium Participant Life Insurance” policy, structured specifically for cash accumulation and maximum liquidity. And that is exactly what I will be showing you in this 5 minute video link. In actuality, anyone can open this account (not just seniors). So why is it called the “Senior’s Account”? You need to be 59.5 years of age in order to get all the benefits that I will describe in this video.

But after working so many years for multiple banks, I saw how many people (especially seniors) kept most of their money in CDs and money market accounts because they needed the liquidity and security that these accounts offer; they could not mess around with the stock market risk anymore, so they had to live with pitiful rate of returns. And every year they would come back to renew their CDs at the same extra-low rate of return, feeling defeated – not knowing what else they could do.

I wish I would have known then what I know now. This “Senior’s 770 account” was really the solution they were (and probably still are) looking for. It will give them the liquidity and security they are looking for, with some added benefits – all this while getting a much better rate of return tax-deferred.

Here’s the link to the episode:

Merry Christmas!

Edgar I Arceo

P.S. For more information about the “770 account”, visit our new website:, and click on “How it Works” to see illustrations and examples. 

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The 702j Account – Is it a Scam? Is it Real? 702 Truths and Half-Truths. 

A few years ago, I created some blogs and videos talking about the “770 account,” and I tried to be as straightforward as possible.  Since then, Tom Dyson and other publishers have called it by different names: The Invisible Account, The Babylonian Code, Manhattan’s Secret Vault, The Underground Account, and now, the 702 Account. It has also been called names such as the IBC and Bank on Yourself (to name a few).  

So why are there so many different names for the same account? One word – MARKETING!  Many people, including Tom Dyson, have come up with different names in order to catch people’s attention and sell a subscription for information that is public. I would recommend buying a book that will explain how the “702 account” works – it will cost less, and you will get a lot more information than you would from a subscription.  

But let’s examine what Tom Dyson wrote in his new teaser: “The 702 Account.” 

He has made several “good” points about the account, but are all of those points true? Or is this a big scam? 

I want to examine a few key points and explain what the “702 account” is. 

First of all, I want to mention that Tom Dyson is in the business of making money (who isn’t?), and as a business man, he wants to tease people with a lot of information in order to get more subscribers and possibly (I am not sure about this), get some type of compensation. 

Having said that, I have to say that all Tom Dyson’s points about this “mysterious” account are partially true, but he pitched all the benefits in such a way that can deceive people. 

For example, these are my responses to some of his key points: 

Imagine if you had an account that… 

1) Paid 40-60 times more than your bank. 

Doesn’t that sound amazing? Too good to be true? Well, it is actually true; let me explain. Your bank is probably paying you an interest rate of 0.01% for your savings account (and Tom Dyson mentions that in his article). So how much is 60 times more? If you do the math, that would be just 0.6%. That doesn’t sound that great anymore, right? A little deceitful, don’t you think? 

But, how about if a bank is paying a 0.08% interest rate (which is hard to find these days) for a regular savings account? Well, 60 times that is 4.8% - now that is not too bad, but it is still not what a normal person imagines when he or she hears “60 TIMES MORE THAN YOUR BANK!”   When a normal person reads this, he/she thinks he is going to become a millionaire soon!  

2) You could withdraw from at any time, without penalty. 

Sign me up! But wait – is that true? Again – it is, but Tom Dyson is not giving you all the information; he is just teasing you with the good news without telling you the restrictions. 

This is a long term strategy, so it doesn’t work as a savings account. For the first few years, you don’t have all your money liquid. The first year, you may have only 70% liquid, so if you close the account that year, you will lose 30% of your money. The second year, you may have 80% liquid, etc.  It will take from 4 to 10 years, and sometimes more (depending on how well your agent can structure this system for you), for you to “break even” or have full liquidity over your money. After that, you can withdraw from it at any time, without penalties. But there is a caveat: You cannot just close the account after 10-20 years and expect to get all the profits tax-free. You need to leave the account open at all times, otherwise you will have to pay income taxes on the profit.  

3) You didn’t have to report to the IRS.

True…. But it depends what type of “702 account” you get. If the system is not structured correctly, the company will have to report everything to the IRS, and there will be taxes to pay and maybe some penalties as well. 

4) Wouldn’t drop in value in a stock market crash. 

Where are we? Disneyland?   Well, actually, this is true … but not all “702 accounts” are like it. You have to be careful – there are some accounts where their growth depends on the stock market, and even though they say it won’t drop in value – it will!  Trust me.  So it all depends on the type of “702 account” you are getting. 

5) Could let you retire 100% tax free. 

Same thing – depends on the type of “702 account.” 

Some other teasers are:

They are a favorite of the 1% in Washington, Wall Street, and Corporate America. 

He is right – there is a book I strongly recommend titled: “The Pirates of Manhattan,” by James Dyke.  He talks about this in detail. 

This is a little hard to prove (which is why I recommend reading that book). After all, this is the “invisible account.” However, it is easier to prove that banks utilize this “702 account” because they have to report their balance sheet to the FDIC.  So you can go to FDIC.GOV and search for those balance sheets.  If you need help finding these, please send me an email, and I can tell you step by step how to find them. But just for example, Bank of America has $20 billion dollars in this “702 account,” which is more than they have in stocks and real estate combined. 

Government restricts the advertising of these 702 Accounts to the public. 

Wow, sounds like we need the secret service to get this information for us!  

This is just an exaggeration or manipulation of the information – this is not completely true.  This particular instrument is announced every day on TV, Radio, etc., but you just don’t know you can use it the way Tom Dyson is announcing it. So the way the government restricts the advertising of these accounts only applies if the accounts are announced AS investment accounts. And this leads me to disclose exactly what a “702 account” is:
A “702 account” is permanent life insurance with a twist (I will explain what kind of twist). 

Just like a “401K” was named after the 401k section of a chapter in the IRS code, Tom Dyson thought it would be cool to come up with a different name and use the Tax Code number that talks about Life Insurance – section 7702. So one number less and voila! He named it the 702 account, which he previously named the 770 account. 

So I know what you are thinking. “How does a life insurance policy give me all these benefits? I always heard that life insurance is the worst investment instrument.”

And you are right – for the most part. 99% or more of life insurance policies focus on the death benefit part. Everybody wants to get the most death benefit for the least premium amount.  If we reverse that approach, and concentrate on the least amount of death benefit you can get (within IRS limits) for the maximum premium amount you can pay, then you can have all the benefits Tom Dyson is talking about. 

Is it that simple? It is not, and most life insurance agents don’t even know how you can structure a policy in such a way. There are riders/options that you need to implement, and it can take hours to figure out the best way to structure a policy.

I have been doing this for many years, and by the grace of God, I have mastered “the art” of structuring policies for maximum cash accumulation.  

Now, I am not telling you that you have to use me as your agent in order to get one of these “702 accounts.” There are other agents out there that can help you, but you cannot use your average life insurance agent. I can say that less than 1% of agents have the knowledge and experience to properly set up this type of policy, so be careful, and don’t make a rushed decision. 

So how do you know if you are getting a good policy for maximum cash accumulation purposes? Let me tell you what I personally do for my clients: It will take my average client about 5 years to break even, which means that it will take 5 years for the cash value to have the same value (or more) than the total premium paid. After 5 years, you could say that the death benefit didn’t cost you anything. At that point, the policy should be able to give you a rate of return of 5-6% tax-free. My clients can decide to pay the premium for 10 years or less, and not have to pay premiums ever again. 

Also, the type of account that Tom Dyson is talking about, is “Whole Life Insurance,” NOT “Universal Life Insurance.” A Universal Life Insurance policy will rely on the stock market, it doesn’t have strong guarantees, and you could lose money if the stock market has a bad year. 

So if your agent can give you all those things, you found a good agent. But if you want to make sure you are getting a good policy, you can send me the actual illustration/proposal from your agent, and I will give you my unbiased opinion. I have been receiving a lot of proposals, and sometimes they are good proposals, but most of the time they are not. 

If you have any questions, please send me an email at

God bless you! 


Edgar I. Arceo
 The Arceo Financial Group
2002 Timberloch Place, Suite 200
The Woodlands, TX 77380
(855) 702-7702
So take the talent away from him and give it to the one who has the ten talents. For to everyone who has will more be given, and he will be furnished richly so that he will have an abundance; but from the one who does not have, even what he does have will be taken away. Matthew 25:28-29 (AMP) 

What is a 770 account? Where can I get more information about a 770 account? Can you explain more in detail how a 770 account works? Which companies can provide 770 accounts? What should I be looking for in a 770 account?  What is the Infinite Banking Concept? How can you apply the Infinite Banking Concept for Real Estate? Where can I put my money with no risk involved? What are the pros and cons of a 770 account?

I discussed these questions and more in the following website:

You can click on "How it works" to see real numbers and illustrations.
For specific questions, please send me an email at

God bless you!

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