The Guardian Life Insurance Company of America announced its plans to pay participating policyholders a total of $911 million in dividends in 2018. This will mark the largest total dividend payout in the company's history. The 2018 dividend is roughly a 7.5% increase in total dividends paid over 2017's $847 million.
The dividend scale for whole life insurance policies will remain the same for 2018 at 5.85%.
You can read the full announcement from Guardian here.
Brandon launched the Insurance Pro Blog in July of 2011 as a project to de-mystify the life insurance industry. Brandon was born in Northern New England, and he currently calls VT home. He attended Syracuse University and graduated with a triple major in Economics, Public Administration, and Political Science.