The Guardian Life Insurance Company of America has announced its plans to pay $784 million in dividends to its participating policy holders in 2015. This will make the dividend rate for 2015 6.05% a reduction from 6.25% in 2014.
The announcement was scant on details about this past year and contained only one quote from Guardian's President and CEO Deanna Mulligan, which discussed Guardian's mission to “ensure long-term financial strength, pay a competitive dividend, and to ultimately serve more people.”
You can read the official press release from Guardian here.
Brandon launched the Insurance Pro Blog in July of 2011 as a project to de-mystify the life insurance industry. A specialist in the design and application of life insurance cash accumulation features, Brandon is one of the foremost authorities on the subject of coordinating life insurance cash values in a financial plan.