Guardian Life KGM : simplebooklet.com

Watch our videoHow life insurance protectsfamilies and covers critical costs.LifeinsuranceIf something happens to you, lifeinsurance can help your familyreduce financial stress.Life insurance helps protect your family’s finances by providinga cash benefit if you pass away. This ensures that they’ll befinancially supported, and can cover important things frombills to funeral costs. With life policies, you can get affordablelife insurance protection for a set period of time.Who is it for?Everyone’s life insurance needs are different, depending on their familysituation. That’s why group life insurance through an employer is an easierand more affordable option than individual life insurance.What does it cover?Life insurance protects your loved ones by providing a benefit(which is usually tax-exempt) if you pass away.Why should I consider it?Life insurance is about more than just covering expenses. Dependingon your circumstances, it could take your family years to recover from theloss of your income.With a life insurance benefit, your family will have extra money to covermortgage and rent payments, legal or medical fees, childcare, tuition,and any outstanding debts.Guardian,its subsidiaries,agents, and employees do notprovide tax, legal,or accountingadvice. Consult your tax, legal, or accounting professionalregarding your individual situation.Preparing and planningJorge’s never considered purchasinglife insurance, but after being offered itthroughwork,hedecidesit’sasmartway to protect his family.Jorge has a mortgage, and becausehiswifeishelpingtotakecareofhermother, she only works part-time. Inaddition,his daughter is about tostart college.Jorge looks at how his family wouldbe affected by losing him.Average funeral cost: $9,000Average mortgage debt: $202,000Average cost of college: $17,000 -$44,000Average household credit card debt:$8,500With life insurance, Jorge canmake sure that part of thesecosts are covered if somethinghappens to him.This example is for illustrativepurposes only. Your plan’s coveragemay vary. See your plan’s informationon the following pages for specificamounts and details.You will receive these benefits if you meet the conditions listed in the policy.GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Group number:000441272020-104318 (07/22)7

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GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Groupnumber: 00044127Your life coverageBASIC LIFE VOLUNTARY TERM LIFEEmployee Benefit Your employer provides $50,000Basic Term Life coverage for allfull time employees .$10,000 increments to amaximum of $500,000. See CostIllustration page for details.Accidental Death and Dismemberment YourBasicLifecoverageincludesAccidental Death andDis memberment coverage.Employ ee, Spouse & Child(ren)coverage. Maximum 1 times lifeamount.Spouse Benefit N/A $5,000 increments to a maximumof $250,000. See Cost Illustrationpage for details.‡Child Benefit N/A Your dependent children agebirth† to 21 years (26 if full timestudent).You may elect one of thefollowing benefit opt ions: $5,000,$10,000. Subject to state limits.See Cos t Illustration page fordetails.Guarantee Issue: The ‘guarantee’ means you are not required toanswer health questions to qualify for coverage up to and includingthe specified amount, when you sign up for coverage during the initialenrollment period.GuaranteeIssuecoverageupto$50,000 per employeeWe Gu arantee Issue co verage upto:Employee Less than age 65$100,000, 65-69 $50,000, 70+$10,000.Spouse Less than age 65 $25,000,65-69 $10,000, 70+ $0.Dependent children $10,000.Premiums Covered by your company if youmeet eligibility requirementsIncrease on plan anniversary afteryou enter next five-year agegroup8

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Your life coverageGUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Groupnumber: 00044127BASIC LIFE VOLUNTARY TERM LIFEPortability: Allows you to take coverage with you if you terminateemployment.Yes, with age and otherrestrictions, including evidence ofinsurabilityYes, with age and otherrestrict ionsConversion: Allows you to continue your coverage after your groupplan has t erminated.Yes, with restrictions; seecertificate of benefitsYes, with restrictions; seecertificate of benefitsAccelerated Life Benefit: A lump sum benefit is paid to you if youare diagnosed with a terminal condition, as defined by the plan.Yes YesWaiver of Premiums: Premium will not need to be paid if you aretotally disabled.For employees disabled prior toage 60, with premiums waiveduntil age 65, if conditions are metFor employees disabled prior toage 60, with premiums waiveduntil age 65, if conditions metBenefit Reductions: Benefits are reduced by a certain percent age asan employee ages.35% at age 65, 50% at age 70 35% at age 65, 50% at age 70Subject to coverage limitsVoluntary Life: Infant coverage is limited based on age.Spouse coverage terminates at age 70.The Guarantee Issue amount may be subject to reductions by percentage at the ages shown in this summary.Annual Election Option allows employees to increase the amount of their life coverage without a medical exam when they re-enroll in their company’s Voluntary Lifeplan. This option allows employees to step up to an amount of up to $50,000, up to the Guarantee Issue amount.9

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Voluntary Life Cost Illustration:To determine the most appropriate level of coverage, as a r u le of thumb, you should consider about 6 - 10 times your a nnual income,factoring in projected costs to help maintain your family’s current life style.GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Groupnumber: 00044127Bi-weekly premiums displayed.Policy Election Amount Policy Election Cost Per Age BracketEmployee< 30 30–34 35–39 40–44 45–49 50–54 55–59 60–6465–69†$10,000 $.50 $.53 $.66 $.97 $1.55 $2.48 $3.91 $5.48 $5.48$20,000 $1.01 $1.05 $1.32 $1.95 $3.09 $4.96 $7.82 $10.97 $10.97$30,000 $1.51 $1.58 $1.98 $2.92 $4.64 $7.44 $11.73 $16.45 $16.45$40,000 $2.01 $2.11 $2.64 $3.90 $6.19 $9.91 $15.64 $21.93 $21.93$50,000 $2.52 $2.63 $3.30 $4.87 $7.73 $12.39 $19.55 $27.42 $27.42$60,000 $3.02 $3.16 $3.96 $5.84 $9.28 $14.87 $23.46 $32.90 $32.90$70,000 $3.52 $3.68 $4.62 $6.82 $10.82 $17.35 $27.37 $38.38 $38.38$80,000 $4.03 $4.21 $5.28 $7.79 $12.37 $19.83 $31.27 $43.87 $43.87$90,000 $4.53 $4.74 $5.94 $8.77 $13.92 $22.31 $35.18 $49.35 $49.35$100,000 $5.03 $5.26 $6.60 $9.74 $15.46 $24.79 $39.09 $54.83 $54.83$110,000 $5.53 $5.79 $7.26 $10.71 $17.01 $27.26 $43.00 $60.31 $60.31$120,000 $6.04 $6.31 $7.92 $11.69 $18.55 $29.74 $46.91 $65.80 $65.80$130,000 $6.54 $6.84 $8.58 $12.66 $20.10 $32.22 $50.82 $71.28 $71.28$140,000 $7.04 $7.37 $9.24 $13.63 $21.65 $34.70 $54.73 $76.76 $76.76$150,000 $7.55 $7.89 $9.90 $14.61 $23.19 $37.18 $58.64 $82.25 $82.25$160,000 $8.05 $8.42 $10.56 $15.58 $24.74 $39.66 $62.55 $87.73 $87.73$170,000 $8.55 $8.95 $11.22 $16.56 $26.29 $42.13 $66.46 $93.21 $93.21$180,000 $9.06 $9.47 $11.88 $17.53 $27.83 $44.61 $70.37 $98.70 $98.70$190,000 $9.56 $10.00 $12.54 $18.50 $29.38 $47.09 $74.28 $104.18 $104.18$200,000 $10.06 $10.52 $13.20 $19.48 $30.92 $49.57 $78.19 $109.66 $109.66$210,000 $10.57 $11.05 $13.86 $20.45 $32.47 $52.05 $82.09 $115.15 $115.15$220,000 $11.07 $11.58 $14.52 $21.43 $34.02 $54.53 $86.00 $120.63 $120.63$230,000 $11.57 $12.10 $15.18 $22.40 $35.56 $57.01 $89.91 $126.11 $126.11$240,000 $12.07 $12.63 $15.84 $23.37 $37.11 $59.48 $93.82 $131.59 $131.59$250,000 $12.58 $13.15 $16.50 $24.35 $38.65 $61.96 $97.73 $137.08 $137.08$260,000 $13.08 $13.68 $17.16 $25.32 $40.20 $64.44 $101.64 $142.56 $142.56$270,000 $13.58 $14.21 $17.82 $26.29 $41.75 $66.92 $105.55 $148.04 $148.04$280,000 $14.09 $14.73 $18.48 $27.27 $43.29 $69.40 $109.46 $153.53 $153.53$290,000 $14.59 $15.26 $19.14 $28.24 $44.84 $71.88 $113.37 $159.01 $159.0110

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GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Group number:00044127Voluntary Life Cost Illustration continued< 30 30–34 35–39 40–44 45–49 50–54 55–59 60–6465–69†$215,000 $10.82 $11.31 $14.19 $20.94 $33.24 $53.29 $84.05 $117.89 $117.89$220,000 $11.07 $11.58 $14.52 $21.43 $34.02 $54.53 $86.00 $120.63 $120.63$225,000 $11.32 $11.84 $14.85 $21.91 $34.79 $55.77 $87.96 $123.37 $123.37$230,000 $11.57 $12.10 $15.18 $22.40 $35.56 $57.01 $89.91 $126.11 $126.11$235,000 $11.82 $12.37 $15.51 $22.89 $36.34 $58.24 $91.87 $128.85 $128.85$240,000 $12.07 $12.63 $15.84 $23.37 $37.11 $59.48 $93.82 $131.59 $131.59$245,000 $12.33 $12.89 $16.17 $23.86 $37.88 $60.72 $95.78 $134.34 $134.34$250,000 $12.58 $13.15 $16.50 $24.35 $38.65 $61.96 $97.73 $137.08 $137.08Policy Election AmountChild(ren)$5,000 $0.33 $0.33 $0.33 $0.33 $0.33 $0.33 $0.33 $0.33 $0.33$10,000 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66Refer to Guarantee Iss ue row on page above for Voluntary Life GI amounts .Premiums for Voluntary Life Increase in five-year incrementsInfant coverage is limited for the f irst two weeks of infant’s life.Spouse coverage premium is based on Employee ag e.†Benefit reductions apply.The Guarantee I s s ue amount may be subject to reductions by percentage at the ages shown in this summary.LIMITATIONS AND EXCLUSIONS:A SUMM ARY OF PLAN LIMITATIONS AND EXCLUS IONS FOR LIFE ANDAD&D COVER AGE:You must be working full-time on the effective date of your coverage; otherwise, yourcoverage becomes effective after you have completed a specific waiting period. Employeesmust be legally working in the United States in order to be eligible for coverage.Underwriting must approve coverage for employees on temporary assignment: (a)exceeding one year; or (b) in an area under travel warning by the US Departm ent of State.Subject to state specific variations. Evidence of Insurability is required on all late enrollees.Thi s coverage wil l not be ef f ec t i v e until approved by a Gua r di a n underwr i te r . This propo sa lis hedged subject to satisfactory financial evaluation. Please refer to certificate of coverage forful l plan descr i pti o n.Depend ent li f e insura nc e wil l not take eff e c t if a dependent, other than a newbor n, isconfined to the hospital or other health care facility or is unable to perform the normalactivities of someone of like age and sex.Accelerated Life Benefit is not paid to an employee under the following circumstances: onewho is require d by law to use the benefi t to pay cr ed i to r s; is requi r ed by cour t or der to paythe benefit to anot her perso n; is requi r ed by a go v er nm e nt agency to use the payment torec e i v e a gov er nm e nt benefi t ; or loses his or her gro up coverage befo r e an accele ra t edbenef i t is paid.Voluntary Life Only:We pay no benefits if the insured’s death is due to suic ide within two years from theinsured’s original effective date. This two year limitation also applies to any increase inbenefit. This exclusion may vary accordi ng to state law. Late entrants and benefit increasesrequi r e underw r i ti ng appr o v a l .GP -1-R-L B-90, G P-1-R -EO PT -96Guarantee Issue/Conditional Issue amounts may vary based on age and case size. See yourPla n Adm i ni st ra t o r fo r deta i l s. La te entr a nts and benefit inc r e as es requi re underw r i ti ngappr o v a l .For AD&D: We pay no benefits for any loss caused: by willful self-injury; sickness, diseaseor medical treatment; by participating in a civil disorder or comm itting a felony; Travelingon any type of aircraft while having duties on that aircraft; by declared or undeclared act ofwar or armed aggression; while a member of any armed force (May vary by state); whiledriving a motor vehicle without a current, valid driver’s license; by legal intoxication; or byvo l unt a ri l y using a non-presc r i pt io n co ntr o l l ed substance. Co nt ra ct #G P-1-R -A DCL1-00 etal . We won' t pay mo r e than 100% of the Insurance amo unt fo r all lo sse s due to the sameaccident, except as stated. The loss must occur within a specified period of time of theac cident. Ple as e see contrac t fo r spec if i c defi nit i o n; defi ni ti o n of loss ma y vary depending onthe benefit payable.Guardian Group Life Insurance underwritten and issued by The Guardian Life Insurance Company of America, New York, NY. Products are notavailable in all states. Policy limitations and exclusions apply. Optional riders and/or features may incur additional costs. Plan documents arethe final arbiter of coverage.Policy Form # GP-1-LIFE-1513

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Accidental Death and Dismemberment Life Cost Illustration:AD&D coverage provides additional benefits following an accidental death or certain bodily injuries. Election amount will equal 1times the election amount for Voluntary life election.GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Groupnumber: 00044127EmployeePolicy ElectionAmo untBi-weeklyPremiumsdisplayedSpousePolicy ElectionAmo untBi-weeklyPremiumsdisplayedChild(ren)Policy ElectionAmo untBi-weeklyPremiumsdisplayed$10,000 $0.18 $5,000 $0.09 $5,000 $0.09$20,000 $0.35 $10,000 $0.18 $10,000 $0.18$30,000 $0.53 $15,000 $0.26$40,000 $0.70 $20,000 $0.35$50,000 $0.88 $25,000 $0.44$60,000 $1.05 $30,000 $0.53$70,000 $1.23 $35,000 $0.61$80,000 $1.40 $40,000 $0.70$90,000 $1.58 $45,000 $0.79$100,000 $1.75 $50,000 $0.88$110,000 $1.93 $55,000 $0.97$120,000 $2.11 $60,000 $1.05$130,000 $2.28 $65,000 $1.14$140,000 $2.46 $70,000 $1.23$150,000 $2.63 $75,000 $1.32$160,000 $2.81 $80,000 $1.40$170,000 $2.98 $85,000 $1.49$180,000 $3.16 $90,000 $1.58$190,000 $3.33 $95,000 $1.67$200,000 $3.51 $100,000 $1.75$210,000 $3.68 $105,000 $1.84$220,000 $3.86 $110,000 $1.93$230,000 $4.03 $115,000 $2.02$240,000 $4.21 $120,000 $2.11$250,000 $4.39 $125,000 $2.19$260,000 $4.56 $130,000 $2.28$270,000 $4.74 $135,000 $2.37$280,000 $4.91 $140,000 $2.46$290,000 $5.09 $145,000 $2.54$300,000 $5.26 $150,000 $2.63$310,000 $5.44 $155,000 $2.72$320,000 $5.61 $160,000 $2.81$330,000 $5.79 $165,000 $2.89$340,000 $5.96 $170,000 $2.98$350,000 $6.14 $175,000 $3.07$360,000 $6.31 $180,000 $3.16$370,000 $6.49 $185,000 $3.25$380,000 $6.67 $190,000 $3.33$390,000 $6.84 $195,000 $3.42$400,000 $7.02 $200,000 $3.51$410,000 $7.19 $205,000 $3.60$420,000 $7.37 $210,000 $3.68$430,000 $7.54 $215,000 $3.77$440,000 $7.72 $220,000 $3.86$450,000 $7.89 $225,000 $3.95$460,000 $8.07 $230,000 $4.0314

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GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of AmericaKGM Kit created 11/14/2022All Eligible Employees Groupnumber: 00044127EmployeePolicy ElectionAmo untBi-weeklyPremiumsdisplayedSpousePolicy ElectionAmo untBi-weeklyPremiumsdisplayedChild(ren)Policy ElectionAmo untBi-weeklyPremiumsdisplayed$470,000 $8.24 $235,000 $4.12$480,000 $8.42 $240,000 $4.21$490,000 $8.59 $245,000 $4.30$500,000 $8.77 $250,000 $4.39Infant coverage is limited for the f irst two weeks of infant’s life.Benefit reductions apply.LIMITATIONS AND EXCLUSIONS:A SUMMARY OF PLAN LIMITATION AND EXCLUSIONSFOR AD&DYoumustbeworkingfull-timeontheeffectivedateofyourcoverage;otherwise,your coverage becomes effective after you have completed a specific waiting period.Employees must be legally working in the United States in order to be eligible forcove rage. Underwriting must approve coverage for employees on temporaryassignment: (a) exceeding one year; or (b) in an area under travel warning by theUS Department of State. Subject to state specific variations. This proposal ishedged subject to satisfactory financial evaluation. Please refer to policy booklet forfull plan description.Dependent life insurance will not take effect if a dependent, other than a newborn,is confined to the hospital or other health care facility or is unable to perform thenormal activities of someone of like age and sex.We pay no benefits for any loss caused: by willful self-injury; sickness, disease ormedical treatment; by participating in a civil disorder or committing a felony;Traveling on any type of aircraft while having duties on that aircraft; by declaredor undeclared act of war or armed aggression; while a member of any armedforce (May vary by state); while driving a motor vehicle without a current, validdriver’s license; by legal intoxication; or by voluntarily using anon-prescription controlled substance. Contract #GP-1-R-ADCL1-00 et al.We won't pay more than 100% of the Insurance amount for all losses due tothe same accident, except as stated.The loss must occur within a specified period of time of the accident. Pleasesee contract for specific definition; definition of loss m ay vary depending on thebenefit payable.Guardian Group AD&D Insurance is underwritten and issued by The Guardian Life Insurance Company of America, New York, NY. Products are notavailable in all states. Policy limitations and exclusions apply. Optional riders and/or features may incur additional costs. Plan documents are thefinalarbiter of coverage.Policy Form # GP-1-ADD-15.15

Guardian Life KGM

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