The whole story of dividends
The whole story of dividends
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Whole life insurance helps protect your family in the event of your death, and its cash value helps protect life’s priorities.1 With whole life insurance from a mutual company comes an added benefit — a dividend.2
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Mutual life insurance companies
Policyholders can share in the company’s success in the form of dividend payments.
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Stock life insurance companies
Bondholders and stockholders can profit from the company’s success in the form of company shares.
What is a dividend?
[Graphic of circle with check mark in the middle] A portion of a mutual company’s profit that is paid out to eligible whole life policyholders
[Graphic of circle with check mark in the middle] Determined by the company’s annual financial performance
[Graphic of circle with check mark in the middle] Can be an indicator of company strength
What can you do with a dividend?
[Graphic of circle with check mark in the middle] Reinvest it into your policy
[Graphic of circle with check mark in the middle] Offset future premium payments
[Graphic of circle with check mark in the middle] Collect tax-favored as income3
[Graphic of circle with check mark in the middle] Purchase additional coverage
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Guardian has consistently paid dividends to its participating whole life policyholders since 1868.
Speak to your financial professional to learn more about how whole life insurance can work to help protect you.
- Some whole life polices do not have cash values in the first two years of the policy and don’t pay a dividend until the policy’s third year. Talk to your financial professional and refer to your individual whole life policy illustration for more information.
- Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors.
- Dividends paid in cash are typically income tax-free up to cost basis. However, if you take dividends in cash, you can owe taxes on dividends paid over and above the amount of premiums paid.
Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.
Financial information concerning Guardian as of December 31, 2021, on a statutory basis: Admitted Assets = $72.1 Billion; Liabilities = $63.5 Billion (including $51.8 Billion of Reserves); and Surplus = $8.6 Billion.
Guardian® is a registered trademark of The Guardian Life Insurance Company of America.
© Copyright 2022 The Guardian Life Insurance Company of America.
Pub7331WEB (12/22) 2022-147535 (Exp. 12/24)