Guardian Life

This mutual firm, with its headquarters in New York City, was established in 1860 and offers individual life insurance. Other types of individual insurance include investment management, disability insurance, and retirement planning. Additionally, the Guardian Life Insurance Company provides perks like 401(k) plans and business insurance. You can apply for term life insurance coverage online and get fast estimates. To learn about rates for permanent coverage, speak with a local financial expert. It's simple to comprehend your selections thanks to the company's presentation of information about its items.

Options for the term and permanent life insurance, including whole and universal policies, are provided by Guardian Life. Guardian Life only provides one policy per category, with the exception of universal insurance (which provides both a standard and variable universal policy option). Riders are a flexible way to bulk up any policy. With one exception—whole life policies—the majority of policies begin with $100,000 of coverage.

You may not be eligible for each coverage depending on your age, but permanent policies typically have greater limits. For instance, entire life insurance has a 90-year age cutoff while universal policies do not accept applicants over 85. Contrarily, candidates for term policies may be as young as 55 for 30-year term plans.

It will please those who want to purchase insurance directly from Guardian that they can do so for term policies. Working with an agent is required for permanent policies. You must frequently engage with an agent when buying a permanent life insurance policy from the businesses in our review. However, Guardian Life has a good selection of options, and the age limitations are sometimes quite lenient.

Pros:

• The term, whole, and universal policies available
• Term policies can be applied for online
• High age limits for some permanent policies

Cons:

• No online quotes or applications for permanent policies
• Longer-term policies have relatively low age restrictions

Founded: 1860

Revenue: $954 million USD (2018)

Website: https://www.guardianlife.com/

U.S. News Rating: 3.7/5.0