Home Financial News Guardian Announces Annual Policyholder Dividend

Guardian Announces Annual Policyholder Dividend

0 0

The Guardian Life Insurance Company of America (Guardian), one of the nation’s largest mutual life insurers and a leading provider of employee benefits, today announced its Board of Directors approved the payment of $836 million in dividends1 to the company’s individual life policyholders in 2016, representing the largest in company history.

In addition, the Dividend Interest Rate, which is the investment component of the dividend, will continue to stay at 6.05% in 2016, as it was in 2015.

“At Guardian, we strive to be the trusted partner, delivering financial security how, when, and where our clients prefer,” said Deanna M. Mulligan, Guardian’s President and Chief Executive Officer. “Our ability to pay a competitive dividend to our policyholders every year since 1868 demonstrates the financial security we provide to our clients and the long-term financial strength2 of our company.”