GUARDIAN LIFE INSURANCE
Life insurance proceeds paid to your beneficiary are not typically subject to income tax. * CAN I TAKE MY COVERAGE WITH ME IF I RETIRE OR LEAVE THE COMPANY? Yes, many plans offer options to continue your coverage through direct payment to Guardian ® .
While your situation is unique, a good ‘rule of thumb’ is to have coverage equal to seven to ten times your annual salary. 1
1. Facts About Life 2016,LIMRA:https://www.limra.com/uploadedFiles/limra.com/ LIMRA Root/Posts/PR/_Media/PDFs/Facts-of-Life-2016. 2. Yes, You Probably Need Life Insurance And Here's Why, 2017, Forbes, https://www.forbes.com/ sites/kristinmerrick/2017/05/11/yes-you-probably-need-life-insurance-and-heres- why/#6d70e26f7f30. *Guardian, its subsidies, agents and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Guardian Group Life Insurance is underwritten by The Guardian Life Insurance Company of America, New York, NY. Products are not available in all states. Policy limitations and exclusions apply. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage. Group Term Life Policy Form # GP-1-Life-15.
2018-64029 (exp08/20)
082020
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