Guardian Announces Annual Policyholder Dividend
New York, NY, November 19, 2015 - The Guardian Life Insurance Company of America® (Guardian), one of the country's biggest common life safety net providers and a main supplier of worker advantages, today reported its Board of Directors affirmed the installment of $836 million in dividends1 to the organization's individual life policyholders in 2016, speaking to the biggest in organization history. What's more, the Dividend Interest Rate, which is the speculation segment of the profit, will keep on staying at 6.05% in 2016, as it was in 2015.
"At Guardian, we endeavor to be the trusted accomplice, conveying money related security how, when, and where our customers incline toward," said Deanna M. Mulligan, Guardian's President and Chief Executive Officer. "Our capacity to pay a focused profit to our policyholders consistently since 1868 exhibits the budgetary security we give to our customers and the long haul monetary strength2 of our organization."
About Guardian
The Guardian Life Insurance Company of America® (Guardian), is one of the country's biggest shared life guarantors, with $6.8 billion in capital and $1.3 billion in working salary (before expenses and profits to policyholders) in 2014. Established in 1860, the organization has paid profits to policyholders consistently since 1868. Its offerings range from disaster protection, handicap wage protection, annuities, and ventures for people to working environment advantages, for example, dental, vision, and 401(k) plans for organizations. The organization has roughly 6,000 workers and a system of more than 3,000 money related agents in more than 70 offices across the country. For more data about Guardian, please visit www.guardianlife.com.
Profits are not ensured. They are announced yearly by Guardian's Board of Directors. The aggregate profit estimation incorporates mortality experience and cost administration and in addition speculation results.
2Financial data concerning The Guardian Life Insurance Company of America as of December 31, 2014 on a statutory premise: Admitted Assets = $45.3 Billion; Liabilities = $39.6 Billion (counting $34.9 Billion of Reserves); and Surplus = $5.7 Billio
Thursday, November 19, 2015
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