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NEW YORK, Dec. 10, 2020 /PRNewswire/ -- The Guardian Life Insurance Company of America (Guardian®), a leading national provider of life and disability insurance, employee benefits, and dental insurance, today announced its Board of Directors approved a $1.05 billion dividend allocation to its individual life policyholders in 2021. The Dividend Interest Rate, which is the investment component of the dividend, will be 5.65% in 2021.
"This dividend demonstrates our continued track record of keeping our promises and being a source of stability for our policyholders," said Guardian's Chief Executive Officer and President Andrew McMahon. "For over 160 years Guardian has helped our customers prepare for what life brings them, remaining strong and resilient through pandemics, political upheavals, and natural disasters. The 29 million people we serve depend on us to provide them with financial confidence