Guardian introduces SafeGuard360
Guardian Life is introducing SafeGuard360, an “industry-first, patent pending” product that includes life insurance, long term care and income protection benefits.
SafeGuard360 includes the following:
- Whole life insurance – Provides lifetime protection with three guarantees including a guaranteed level premium, guaranteed death benefit and guaranteed cash value.
- Long term care protection – Accelerated death benefit for long term care services.
- Disability income insurance – Offers three benefits during a period of disability including income replacement if a person is unable to work at all, only able to work on a limited basis, and waiving premiums for the coverage while disability continues.
Additional benefits include ease of purchase through a single digital application and underwriting process, and relationship management through Guardian’s financial representatives. Clients will also have a single point of claim initiation across all coverages of SafeGuard360 and will be assisted by Guardian’s team of claims representatives.
“Providing a well-rounded policy that inspires well-being and helps protect people at every life stage was foundational to building SafeGuard360. Research tells us people don’t follow through on financial plans because they say the process is too cumbersome. This one-of-a-kind product addresses that challenge for consumers by creating one unified solution that speaks to many financial concerns.” – Michael Ferik, head of Individual Markets at Guardian.
