NEW YORK, May 23 /PRNewswire/ — The Guardian Life Insurance Company of America (Guardian), a leader in the Employer Owned Life Insurance (EOLI) marketplace for the past decade, today announced the launch of an attractive alternative for nonqualified benefits. The new product, called Executive Strategies Whole Life(SM), enhances Guardian’s currently strong product portfolio and strengthens the company’s range of offerings and provides small business owners with an opportunity to accumulate an asset in the form of cash value*, on a tax-deferred basis.A collaborative effort between two departments in the Individual Markets Profit Center, Life Product Development and Advanced Planning and Professional Services, Guardian’s new EOLI product is funded with a whole life insurance product designed exclusively for small business owners’ nonqualified plans covering from three to 25 employees…..
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