The Guardian Multi-Coverage Plan enables employers with three or more employees to choose from a variety of different lines of coverage and benefit levels at a single rate. Packages can include a combination of long-term disability, short-term disability, life, accidental death and dismemberment and critical illness coverage. The plan gives employers the flexibility to choose which benefit combination is right for their company, and gives employees benefits coverage with a simple enrollment process under a single rate.
“Voluntary multi-coverage plans are gaining in popularity because they give employers a comprehensive employee benefit package option to help attract and retain employees while being budget-friendly,” said Barry Petruzzi, 2nd Vice President, Life & Disability, Guardian. “These bundled plans make it easier to select, enroll, and administer, and are especially helpful to businesses that are offering benefits coverage to their employees for the first time. With one rate, these plans take the stress off the employer and limit the administrative burden that comes with offering different options at different coverage levels and price points.”
A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life, long-term care, disability income, group medical and dental insurance products, and offer 401(k), annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 120,000 companies. The company has more than 5,400 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide.