Guardian
Life Insurance
- Your employer provides $30,000 Basic Term Life coverage for all full time employees.
- Your Basic Life coverage includes Accidental Death and Dismemberment coverage.
- Guarantee Issue coverage up to $30,000 per employee.
- Covered by your company if you meet eligibility requirements.
- Portability: Allows you to take coverage with you if you terminate employment with age and other restrictions, including evidence of insurability.
- Conversion: Allows you to continue your coverage after your group plan has terminated.
- Accelerated Life Benefit: A lump sum benefit is paid to you if you are diagnosed with a terminal condition, as defined by the plan.
- Waiver of Premiums: Premium will not need to be paid if you are totally disabled. For employees disabled prior to age 60, with premiums waived until age 65, if conditions are met.
- LifeAssist SM: Provides supplemental income that is calculated based of a percentage of your Life benefit to a specified dollar amount if you are A DL disabled. Benefits are paid to the lesser of 100 months or to when waiver of premium ends.
- Benefit Reductions: Benefits are reduced by a certain percentage as an employee ages. 35% at age 70, 50% at age 75.
