Whole life insurance is intended to provide death benefit protection for an individual's entire life. With payment of the required guaranteed premiums, the policyowner will receive a guaranteed death benefit and guaranteed cash values inside the policy. Whole life insurance should be considered for its long-term value. Early cash value accumulation and early payment of dividends depend upon policy type and/or policy design, and cash value accumulation is offset by insurance costs and company expenses.
All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims-paying ability of the issuing insurance company.
Dividends are not guaranteed. They are declared annually by Guardian's Board of Directors.
The Index Participation Feature (IPF) is a rider available with select Guardian participating whole life policies. With the new IPF, policyholders can now allocate all or a portion of the cash value of their paid-up additions (PUA) to receive a dividend adjustment based on the movement of a broad market index, subject to a cap and a floor. Policyholders can allocate between 0% and 100% of the cash value of PUA to the IPF each year.
Because the IPF is not a security registered with the Securities and Exchange Commission, agents do not need a securities license to sell it.
Whole life riders may incur an additional premium or an additional cost. Rider benefits may not be available in all states.
Rider Form Number: 15 IPR.
The Guardian Life Insurance Company of America (Guardian), New York, NY. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Clients should consult their tax, legal, or accounting professional regarding their individual situation.
Please see additional details in the Important Disclosures link contained within this website for complete information.