Guardian plan to protect retirement plan contributions. (New Products and Services).The Guardian Life Insurance Company of America The Guardian Life Insurance Company of America (GLICOA) is a Fortune 1000 company founded in 1860 in New York, New York. It is the fourth largest mutual life insurance company in the United States of America. has introduced Retirement Protection Plus, a program of disability income insurance protection for retirement-plan contributions. The New York-based insurer's wholly owned stock subsidiary, Berkshire Berkshire (bärk`shĭr, –shər, bûrk`–) or Berks (bärks, bûrks), former county, S central England. Life Insurance Company of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. , is the underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. . The program uses the existing ProVider Plus policy to continue contributions to a defined-contribution retirement plan, including those that would have been made by an employer, without affecting the insured's regular monthly disability benefit. In the event of total disability, the policy benefits of up to $3,380 a month are paid into a trust and invested by the trustee at the insured's direction. |
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