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More about Guardian Life insurance


 More about Guardian Life insurance

Guardian Life’s website offers plenty of general information about life insurance, though it lacks specifics on the company’s own offerings. You can use the company’s term life insurance calculator to see how much coverage you need and get a quote. Policyholders can make payments and view documents on the company’s website or mobile app. In addition to life insurance, Guardian offers other financial products and services, including:

  • Disability income insurance.
  • Annuities.
  • Wealth management and investments.
  • Individual dental and vision insurance.
  • Critical illness and accident insurance.
  • Workplace benefits, including a college tuition benefit.

Life insurance buying guide

Before you start comparing companies, choose the type of life insurance you want, such as term or whole life. Decide which life insurance riders, if any, you want the policy to include. Calculate how much life insurance you need and how long you want the coverage to last. Check that the insurers you’re considering offer the coverage you’re looking for.

When comparing rates, be sure the quotes are for the same amount of coverage over the same period. It’s also important to make sure the policy’s medical requirements match your needs. For example, if you want to skip the life insurance medical exam but don’t mind answering health questions, confirm that the application process for each policy you're comparing aligns with that. Price may not be the biggest driver behind your decision to buy. Look at the number of consumer complaints each company receives, as high numbers can be a red flag about the quality of service.

Life insurance rating methodology

NerdWallet’s life insurance ratings are based on consumer experience, complaint index scores from the National Association of Insurance Commissioners for individual life insurance, and weighted averages of financial strength ratings, which indicate a company’s ability to pay future claims. Within the consumer experience category, we consider ease of communication and website transparency, which looks at the depth of policy details available online. To calculate each insurer’s rating, we adjusted the scores to a curved 5-point scale.

These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.

Insurer complaints methodology

Brytgh examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2018-2020. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, Brytgh calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three years. Ratios are determined separately for auto, home (including renters and condo), and life insurance.

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