Guardian Life Insurance Review

Here’s our Guardian Life Insurance Review for you. Since its founding in 1860, Guardian Life insurance has provided a wide range of term and permanent plans to a wide range of clients. Among the many useful riders included in the policy are provisions for long-term care and school debt repayment.

To be safe, if you have a pre-existing medical condition, you may be turned down by Guardian. Customer satisfaction is likewise below average at the firm, despite the fact that it receives less complaints than the industry average.

Guardian life insurance rates

Guardian Life Insurance Review - Guardian Life Insurance Logo

For a 20-year term, $500,000 insurance for a healthy man and woman, we gathered sample prices from the Guardian Life website. The company’s rates are consistently higher than the national average.

  • Age 20. Male $33, Female $27
  • Age 25. Male $33, Female $27
  • Age 30. Male $35, Female $27
  • Age 35. Male $36, Female $32
  • Age 40. Male $51, Female $40
  • Age 45. Male $80, Female $62
  • Age 50. Male $124, Female $86
  • Age 55. Male $190, Female $136
  • Age 60. Male $333, Female $224

Pros and Cons of Guardian Life Insurance

Pros

  • Comprehensive support online or with an agent

Cons

  • There aren’t any examples of this on the internet.
  • People with bad health do not benefit from strict underwriting.
  • Increasing the cost of plans that aren’t necessary through aggressive marketing

Factors that affect Guardian life insurance rates

A lot of insurers reserve their best prices for the healthiest customers, but Guardian doesn’t specify how to attain those better rates. The following are often used grading criteria:

  • Age. When you’re older, getting a policy is more expensive than when you’re younger.
  • Reputation as a driver. Low rates are awarded to those with clean driving records devoid of DUIs, suspensions, or convictions.
  • Background medical information. A family history of major diseases or early death is one risk that might raise mortality rates, as can certain health disorders such as high blood pressure, high cholesterol, and diabetes.
  • Hobbies. If you’re into extreme sports like skydiving or mountaineering, you can be categorized as high-risk.
  • Occupation. Those who engage in hazardous occupations, such as mining or firefighting, may face higher insurance costs.
  • Use of tobacco. Those who haven’t smoked in the last two years may see their rates drop as a result.

How to get a quote from Guardian life insurance

Get a term life insurance quotation online and complete your application with a professional if you want to save time. All other policies should be sent to the Guardian life insurance contact center, which may be reached at 1-888-482-7342.

To obtain a price estimate, please visit our website at:

  1. Determine your gender, cigarette usage, and income by answering a few simple questions about yourself. Click Find out how much it will cost,
  2. Review your quotation and make changes to the levels of coverage that you like.
  3. Fill out the form below your quotation with your name, email address, and any contact information if you like what you see. Click the Submit button.
  4. Discuss your life insurance policy in detail with a customer service representative to resolve any outstanding issues and to finalize the policy’s provisions.

Guardian offers term and permanent life

Life insurance plans offered by Guardian include universal life insurance policies, which are not offered by all firms.

  • Term life. Offers fixed-rate premiums for lengths of 10, 15, 20, or 30 years. You don’t have to take a medical exam to switch from term to whole life insurance.
  • Existence in all places and times. Offers coverage for the rest of your life with adjustable premiums. The cash value of the policy can be used as collateral for an interest-bearing loan.
  • The length of time that the universe will last is variable. Your money will be vulnerable to the ups and downs of the market if you invest the cash value.
  • For the rest of my days. Provides coverage for the rest of your life with fixed rates, but it’s more expensive than other options. A portion of your premium is put into investments to help you accumulate cash value, which will allow you to borrow money in the future.

Guardian offers a long list of riders

If your normal life insurance policy doesn’t cover the following situations, you can get additional coverage from Guardian Life Insurance Company.

  • Accelerated death benefits riders. If you are diagnosed with a chronic or fatal disease, you can use this rider to collect a portion of your death benefit.
  • The rider is a child. Do not get a separate policy for your children’s life insurance needs.
  • Disabled worker’s compensation insurance supplement. In the event of a covered handicap, you’ll receive an additional benefit.
  • Rider that ensures you’ll be covered by insurance. Permits you to get extra insurance when you need it without having to undergo a medical check.
  • Long-term care insurance policy. In the event of chronic illness, you may need support paying for medical costs.
  • Rider with a spouse. Purchase your spouse’s life insurance without the requirement of a separate policy.
  • Rider for the repayment of student loan debt. This rider is only available on Guardian plans, and it covers student loan repayments if you become unable to work due to illness or injury.
  • Rider waiving premium fees. If you become disabled and are unable to work due to your injury or illness, this benefit will pay your premiums for you.

Guardian life insurance reviews are mixed

This excellent rating from the Better Business Bureau (BBB) shows that customers had a positive experience with Guardian Life Insurance, which has been recognized since 1957. However, those who gave the business only one or two stars complain about billing problems and poor customer service. The financial rating from AM Best is an A+.

For another life insurance review, visit our review of Globe Life Insurance Review.

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Levi Jorgensen
Levi Jorgensen is the co-founder of QuoteYeti.com & LifeInsuranceGrades.com. He is an avid lover of creating amazing content to educate people about life insurance. He is a life-long explorer. When he's not writing about life insurance, he builds websites, and manages local marketing campaigns for insurance agents. He's based in Columbus, Ohio with his wife and 2 children.
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