Guardian has a number of riders that allow you to customize your coverage to fit your needs and solve specific issues.

Riders on term Life Insurance

• Rapidly approaching Death: Alternatively referred to as an expedited death benefit, this provision allows you to receive a portion of your death benefits while you are still living if you have a terminal disease.
• Unintentional Death: improves beneficiaries’ financial benefits in case of accidental Death or dismemberment.
• Benefit to charity: donates 1% of your death benefit, up to $100,000, to an organization of your choosing.
• Renewability is assured: guarantees insurance as long as you pay your payments. It can be helpful if you don’t have any other coverage alternatives and you have a deadly illness.
• Conversion of terms: permits the free and hassle-free conversion of a term life insurance policy into a permanent one within the initial five years of the policy. You can extend that period by up to 30 years with an additional extended conversion rider.
• Premium rider waiver: Your premiums are compensated if you get disabled while the coverage is in effect for a one-time cost. Whole life premiums may be covered by an available Waiver Plus rider if you change your insurance.

Riders for whole Life Insurance

• Rapidly Approaching Death:  You can obtain a part of the death benefit you receive throughout your entire life at no additional cost if you have a severe or fatal illness.
• Unintentional Death: an insurance payout to beneficiaries in case of accidental Death or dismemberment.
• Benefit to Charity: contributes 1% of your death benefit, up to $100,000, to an organization of your choosing.
• Participation in the Index: In order to get a dividend modification determined by the S&P 500 Price Performance Index, you can assign all or a portion of the paid-up additions. (Assuming a floor and cap).
• Assurance of being Insured: guarantees ongoing protection so long as your payments are paid on schedule. It can be beneficial if you have no other coverage alternatives and a terminal or life-threatening sickness.  

Guardian Life Client Contentment

Regarding customer service, Guardians is a bit of an assortment. In J.D. Power’s 2023 U.S. Personal Life Insurance Research, which asks consumers about product offers, pricing, communication, interactions, and statements, it came in slightly below average. The National Association of Insurance Commissioners claims that, at the same time, it receives a lot fewer complaints than other insurers.

Based on public data and consumer complaints, the Better Business Bureau (BBB) rated Guardian with an A based on the company’s expected interactions with policyholders.

Additionally, Guardian received the highest grade possible for financial strength—A++—from A.M. Best, which is a reliable indication of the company’s capacity to pay policyholder benefits.

Also Read: Review of Guardian Life Insurance for 2024

Additional Guardian Insurance Options

Although it does not provide homes or vehicle insurance, Guardian does offer a wide range of other financial products.

• Insurance for disabilities: provide money in the event that an illness or accident prevents you from working. On our list of the top disability insurance providers, Guardian came in first.
• Dental insurance: Provides plans for both individuals and employers.
• Insurance for vision: provides employer-sponsored and individual vision insurance plans.
• Insurance for Accidents: pays benefits in the event that an accident results in injury or Death. Can additionally pay for accommodation, travel, and other expenses that are not compensated by health insurance.

How does Guardian stack up against other Life Insurance?

Although Guardian is offered in all 50 states, Massachusetts and Rhode Island will not be receiving any new State Farm coverage. Though many of the options are similar between the two, such as combined life insurance, purchasing any policy with any firm will require working with an agent.

The two are similarly priced: according to the Guardian, an older male nonsmoker in good health could get a 21-year, $600,000 long-term life insurance policy for $35 a month, while a female nonsmoker might get a quotation of $27.