Hospital Indemnity Insurance Overview

Hospital indemnity insurance Hospital indemnity insurance can cover some of the cost associated with a hospital stay, letting you focus on recovery. Being hospitalized for illness or injury can happen to anyone, at any time. While medical insurance may cover hospital bills, it may not cover all the costs associated with a hospital stay. That’s where hospital indemnity coverage can help. Who is it for? Hospitalindemnityinsuranceisforpeoplewhoneedhelpcoveringthecosts associatedwithahospitalstayiftheysuddenlybecomesickorinjured. What does it cover? If you are admitted to a hospital for a covered sickness or injury, you’ll receive payments that can be used to cover all sorts of costs, including: • Deductibles and co-pays. • Travel to and from the hospital for treatment. • Childcare service assistance while recovering. Why should I consider it? Health coverage is becoming more expensive, with higher co-pays, premiums, and deductibles. Hospital indemnity insurance can help pay for out-of-pocket costs associated with being hospitalized, giving you more of a financial safety net for unplanned expenses brought on by a hospital stay. Plus, hospital indemnity insurance is portable and payments are made directly to you – even if you didn’t incur any out-of-pocket expenses. Watch our video How hospital indemnity insurance can give you a comfortable stay. You willreceive these benefits ifyou meetthe conditions listedin the policy. Be prepared John is hospitalizedafteraheart attack, andhas tocoverthe costof five days as an inpatient. Average heart attack hospitalization expense: $53,000 Average Major Medical deductible: $1,500 MajorMedicalcovers 80%ofthe cost after the deductibleis met, butJohn’s stillresponsiblefor 20%: $10,300. Totalout-of-pocketamountforJohn (deductible + coinsurance): $11,800. John’s Guardian Hospital Indemnity policy pays him $1,000 for hospital admission. The policy gives him a total payment of $1,000 to help cover the out-of- pocket amount. This example is for illustrative purposes only. Your plan’s coverage mayvary. See yourplan’s information on the following pages for specific amounts and details. GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of America AesopIntermediateLLC Kit created 12/05/2022 ALL ELIGIBLE EMPLOYEES Groupnumber:00554984 2020-105936 (07/22) 33

GUARDIAN® is a registered trademark of The Guardian Life Insurance Company of America AESOPINTERMEDIATELLC Kit created 12/05/2022 ALL ELIGIBLE EMPLOYEES Groupnumber:00554984 Your hospital indemnity coverage the Hospital Indemnity Option 1 Coverage Details Your Monthly premium $7.69 You and Spouse $19.61 You and Child(ren) $14.23 You, Spouse and Child(ren) $26.15 Benefits Hospital/ICU Admission $500/$1,000 per admission, limited to 1 admission(s) per insured. Hospital/ICU Confinement $100/$200 per day, limited to 15 day(s) per insured per benefit year. Pre-Existing Conditions Limitation - A pre-existing condition includes any condition for which you, in the specified time period prior to coverage in this plan, consulted with a physician, received treatment, or took prescribed drugs. Not Applicable Portability - Allows you to take your Hospital Indemnity coverage with you if you terminate employment. Included Child(ren) Age Limits Children age birth to 26 years Applicants over the age of 69 are not eligible to enroll in the Hospital Indemnity coverage. UNDERSTANDING YOUR BENEFITS – HOSPITAL INDEMNITY Hospital Admission & Hospital ICU Admission benefits are not payable on the same day. Premium will be waived if you are hospitalized for more than 30 days. Hospital admission or confinement benefits are not payable for a newborn unless the child is admitted to the Neonatal ICU. Hospital/ICU confinement benefits are not payable on the same day as Hospital/ICU admission benefit. After initial enrollment, Hospital Indemnity coverage will continue as long as an insured is actively at work. 34

Your hospital indemnity coverage the GUARDIAN® isa registered trademark of The Guardian Life Insurance Company of America AESOPINTERMEDIATELLC Kit created 12/05/2022 ALL ELIGIBLE EMPLOYEES Groupnumber:00554984 LIMITATIONS AND EXCLUSIONS: In order to be eligible for coverage: Employees must be legally working: (a) in the United States or (b) outside the United States, for a US based employer, in a country or region approved by Guardian. An applicant must enroll within 31 days of the coverage effective date. An open enrollment will occur each year during a 30 day time period specified by the policyholder. If an applicant does not enroll during their initial enrollment period, he/she may not enroll until the next open enrollment period. This Plan will not pay benefits for: • Treatment relating to a covered person: taking part in any war or act of war (including service in the armed forces), commission of or attempt to commit a felony, an act of terrorism, or participating in an illegal occupation, riot or insurrection. .• Suicide or any intentionally self-inflicted injury Elective surgery; Surgery to correct vision or hearing, unless medically necessary surgery for glaucoma, cataracts or other sickness or injury; Dental care, dental xrays, or dental treatment; Gastric or intestinal bypass services including lap banding, gastric stapling, and other similar procedures to facilitate weight loss; the reversal, or revision of such procedures; or services required for the treatment of complications from such procedures. This exclusion does not apply to completion of a weight reduction program that may be payable under the Health Screening benefit ; Rest cures or custodial care, or treatment of sleep disorders; Cosmetic surgery. This Exclusion does not apply to reconstructive surgery: (a) on an injured part of the body following infection or disease of the involved part; (b) of a congenital disease or anomaly of a covered dependent newborn or adopted infant; or (c ) on a nondiseased breast to restore and achieve symmetry between two breasts following a covered Mastectomy; Treatment or removal of warts, moles, boils, skin blemishes or birthmarks, bunions, acne, corns, calluses, the cutting and trimming of toenails, care for flat feet, fallen arches or chronic foot strain; Service, treatment or loss related to alcoholism or drug addiction, except for drugs prescribed by the Covered Person’s Doctor and taken as prescribed; Care or treatment for mental or nervous disorders; Services, treatment or loss rendered in any Veterans Administration or Federal Hospital, except if there is a legal obligation to pay; Services or treatment Provided by a Doctor, Nurse or any other person who is employed or retained by a Covered Person or who is a Covered Person’s Spouse, parent, brother, sister, child, Domestic Partner or partner in a civil union. Surgery and treatment, procedures, products or services that are experimental or investigative. Treatment of a Covered Dependent Child’s Children; Sickness or Injury sustained while on active duty in the armed forces of any country. This does not include Reserve or National Guard duty for training. GP-1-HI-15 Guardian Hospital Indemnity Insurance is underwritten by The Guardian Life Insurance Company of America, New York, NY and will not be effective until approved by a Guardian underwriter. Products are not available in all states. Policy limitations and exclusions apply. Optional riders and/or features may incur additional costs. Plan documents are the final arbiter of coverage. This policy provides limited hospital insurance only. It does not provide basic medical or major medical insurance as defined by the New York State Department of Financial Services. Policy Form # GP-1-HI-15, GP-1-LAH-12R 35