Guardian Announces Annual Policyholder Dividend

New York, NY, November 19, 2015 -- The Guardian Life Insurance Company of America^® (Guardian), one of the nation’s largest mutual life insurers and a leading provider of employee benefits, today announced its Board of Directors approved the payment of $836 million in dividends¹ to the company’s individual life policyholders in 2016, representing the largest in company history. In addition, the Dividend Interest Rate, which is the investment component of the dividend, will continue to stay at 6.05% in 2016, as it was in 2015.

“At Guardian, we strive to be the trusted partner, delivering financial security how, when, and where our clients prefer,” said Deanna M. Mulligan, Guardian’s President and Chief Executive Officer. “Our ability to pay a competitive dividend to our policyholders every year since 1868 demonstrates the financial security we provide to our clients and the long-term financial strength² of our company.”

About Guardian

The Guardian Life Insurance Company of America^® (Guardian), is one of the nation’s largest mutual life insurers, with $6.8 billion in capital and $1.3 billion in operating income (before taxes and dividends to policyholders) in 2014.  Founded in 1860, the company has paid dividends to policyholders every year since 1868.  Its offerings range from life insurance, disability income insurance, annuities, and investments for individuals to workplace benefits, such as dental, vision, and 401(k) plans for businesses. The company has approximately 6,000 employees and a network of over 3,000 financial representatives in more than 70 agencies nationwide.  For more information about Guardian, please visit www.guardianlife.com.

¹Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors. The total dividend calculation includes mortality experience and expense management as well as investment results.

²Financial information concerning The Guardian Life Insurance Company of America as of December 31, 2014 on a statutory basis: Admitted Assets = $45.3 Billion; Liabilities = $39.6 Billion (including $34.9 Billion of Reserves); and Surplus = $5.7 Billion.