# EDGAR Filing Document

**Accession Number:** 0000320580
**File Stem:** 0001193125-26-201280
**Filing Date:** 2026-5
**Character Count:** 21737
**Document Hash:** f6c5c1c54c4a3d31ca8b28b6a64ebbf8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-201280.hdr.sgml**: 20260501

**ACCESSION NUMBER**: 0001193125-26-201280

**CONFORMED SUBMISSION TYPE**: N-VP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260501

**DATE AS OF CHANGE**: 20260501

**EFFECTIVENESS DATE**: 20260501

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUARDIAN VALUE LINE SEPARATE ACCOUNT
- **CENTRAL INDEX KEY:** 0000320580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-VP
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-70132
- **FILM NUMBER:** 26932084

**BUSINESS ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS, 22 FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 212-598-8714

**MAIL ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS, 22 FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

## Series and Classes Contracts Data

### GUARDIAN VALUE LINE SEPARATE ACCOUNT (Series ID: S000008496)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000023326 | GUARDIAN VALUE LINE SEPARATE ACCOUNT |  |

##### [**Table of Contents**](#toc)
**ANNUAL NOTICE** 

*May 1, 2026* 

## THE VALUEGUARD INDIVIDUAL DEFERRED VARIABLE ANNUITY
*Issued by The Guardian Insurance & Annuity Company, Inc.* 

The Guardian/ValueLine Separate Account

This Annual Notice for the ValueGuard, an individual single or flexible premium deferred variable annuity contract offered by The Guardian Insurance & Annuity Company, Inc. (GIAC, we, us, our), provides you with an update of changes to your contract that have occurred since April 25, 2025. In addition, this Annual Notice provides key information about your contract that you should review, including a current list of Funds available under your contract. Please read this Annual Notice carefully and retain it with your contract prospectus for future reference.

The most recent prospectus for the ValueGuard dated May 1, 2000, contains more information about the contract, including its features, benefits, and risks. You can find the prospectuses for the underlying mutual funds, the most recent audited financial statements of The Guardian/ValueLine Separate Account, and other information about the contract online at: https://Guardianlife.onlineprospectus.net/Guardianlife/valueguard?ctype=great_wested_notice. You can also obtain this information at no cost by calling 1-800-830-4147.

Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission's staff and is available at <u>Investor.gov.</u>

**The Securities and Exchange Commission has not approved or disapproved the contract or passed upon the adequacy of this Annual Notice. Any representation to the contrary is a criminal offense.** 

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**<u>**TABLE OF CONTENTS**</u>** 

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| | |
|:---|:---|
|  **[Special Terms Used in This Annual Notice](#protoc199093_1)** | 1 |
|  **[Updated Information About Your Contract](#protoc199093_2)** | 1 |
|  **[Important Information You Should Consider About the Contract](#protoc199093_3)** | 2 |
|  **[Appendix A – Investment Options Available Under the Contract](#protoc199093_4)** | 5 |

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**<u>Special Terms Used in This Annual Notice</u>**

**Accumulation period** 

The period between the issue date of the contract and the Annuity Commencement Date.

**Accumulation value** 

The value of all the accumulation units in the Variable Investment Options and the fixed-rate option that are credited to a contract.

**Customer service office contact center** 

For telephonic communications: Customer Service Office Contact Center 8:00 a.m. to 7:00 p.m. Eastern Time 1-800-830-4147.

**Funds** 

The open-end management investment companies, each corresponding to a variable investment option.

**Mailing Address** 

**For private express mail with tracking number:** 

Talcott Resolution – Annuity Service Operations

Administrator for your Guardian Annuity Contract

c/o Cognizant, sub-administrator

6716 Grade Ln., Building 9, Suite 910

Louisville, KY 40213

**For standard mail delivery without tracking number:** 

Talcott Resolution – Annuity Service Operations

Administrator for your Guardian Annuity Contract

c/o Cognizant, sub-administrator

P.O. Box 14293

Lexington, KY 40512-4293

**Net premium** 

A premium paid by the owner to us in accordance with the provisions of the contract, less any applicable annuity taxes.

**Variable investment options** 

The Funds underlying the contract are the Variable Investment Options – as distinguished from the fixed-rate option – available for allocations of Net Premium payments and allocation values.

**<u>Updated Information About Your Contract</u>**

The information in this Annual Notice is a summary of certain contract features that have changed since April 25, 2025. This may not reflect all of the changes that have occurred since you entered into your contract.

There have been changes to the underlying Funds' information in the Fees, Expenses and Adjustments table and Appendix A that are contained in this Annual Notice.

**1**

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**<u>Important Information You Should Consider About The Contract</u>**

An investment in the contract is subject to fees, risks, and other important considerations, some of which are briefly summarized in the following table. You should review the prospectus for additional information about these topics.

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Fees, Expenses, and Adjustments** | &nbsp;&nbsp;&nbsp;**Fees, Expenses, and Adjustments** | &nbsp;&nbsp;&nbsp;**Fees, Expenses, and Adjustments** | &nbsp;&nbsp;&nbsp;**Fees, Expenses, and Adjustments** | **Location in**<br> **Prospectus** |
| &nbsp;&nbsp;&nbsp;**Are There Charges or Adjustments for Early Withdrawals?** | **Yes.**<br>If you withdraw money from a flexible premium contract, you may be assessed a surrender charge of the lesser of 5% of the total payments made during the 84 months immediately preceding the date of withdrawal or 5% of the total amount withdrawn.<br>For example, if you make an early withdrawal, you could pay a surrender charge of up to $5,000 on a $100,000 investment. This loss will be greater if there are taxes or tax penalties. | **Yes.**<br>If you withdraw money from a flexible premium contract, you may be assessed a surrender charge of the lesser of 5% of the total payments made during the 84 months immediately preceding the date of withdrawal or 5% of the total amount withdrawn.<br>For example, if you make an early withdrawal, you could pay a surrender charge of up to $5,000 on a $100,000 investment. This loss will be greater if there are taxes or tax penalties. | **Yes.**<br>If you withdraw money from a flexible premium contract, you may be assessed a surrender charge of the lesser of 5% of the total payments made during the 84 months immediately preceding the date of withdrawal or 5% of the total amount withdrawn.<br>For example, if you make an early withdrawal, you could pay a surrender charge of up to $5,000 on a $100,000 investment. This loss will be greater if there are taxes or tax penalties. | **Financial Information – Contract Costs and Expenses**<br>**Expense Tables – Transaction Expenses** |
| &nbsp;&nbsp;&nbsp;**Are There Transaction Charges?** | **Yes.**<br>In addition to surrender charges, you also may be charged for the following transactions: transfers of cash value between investment options.  | **Yes.**<br>In addition to surrender charges, you also may be charged for the following transactions: transfers of cash value between investment options.  | **Yes.**<br>In addition to surrender charges, you also may be charged for the following transactions: transfers of cash value between investment options.  | **Financial Information – Contract Costs and Expenses**<br>**Expense Tables – Transaction Expenses** |
| &nbsp;&nbsp;&nbsp;**Are There Ongoing Fees and Expenses?** | **Yes.**<br>The table below describes the fees and expenses that you may pay *each year*, depending on the investment options and optional benefits you choose. Please refer to your contract specifications page for information about the specific fees you will pay each year based on the options you have elected. | **Yes.**<br>The table below describes the fees and expenses that you may pay *each year*, depending on the investment options and optional benefits you choose. Please refer to your contract specifications page for information about the specific fees you will pay each year based on the options you have elected. | **Yes.**<br>The table below describes the fees and expenses that you may pay *each year*, depending on the investment options and optional benefits you choose. Please refer to your contract specifications page for information about the specific fees you will pay each year based on the options you have elected. | **Financial Information – Contract Costs and Expenses**<br>**Expense Tables – annual contract expenses** |
|  | **Annual Fee** | **Minimum** | **Maximum** | **Financial Information – Contract Costs and Expenses**<br>**Expense Tables – annual contract expenses** |
|  | Base Contract <sup>1</sup> | 1.00% | 1.00% |  |
|  | Investment Options<br> (Fund fees and expenses) <sup>2</sup> | 0.50% | 1.16% |  |
|  | <sup>1</sup> As a percentage of value in the Separate Account.<br><sup>2</sup> As a percentage of Fund net assets. | <sup>1</sup> As a percentage of value in the Separate Account.<br><sup>2</sup> As a percentage of Fund net assets. | <sup>1</sup> As a percentage of value in the Separate Account.<br><sup>2</sup> As a percentage of Fund net assets. |  |
|  | Because your contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your contract, the following table shows the lowest and highest cost you could pay *each year*, based on current charges. This estimate assumes that you do not take partial withdrawals from the contract, **which could add surrender charges that substantially increase costs**. | Because your contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your contract, the following table shows the lowest and highest cost you could pay *each year*, based on current charges. This estimate assumes that you do not take partial withdrawals from the contract, **which could add surrender charges that substantially increase costs**. | Because your contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your contract, the following table shows the lowest and highest cost you could pay *each year*, based on current charges. This estimate assumes that you do not take partial withdrawals from the contract, **which could add surrender charges that substantially increase costs**. |  |
|  | **Lowest Annual Cost:**<br> **$1,869** | **Highest Annual Cost:**<br> **$2,595** | **Highest Annual Cost:**<br> **$2,595** |  |
|  | &nbsp;&nbsp;&nbsp; Assumes:<br>• Investment of $100,000<br>• 5% annual appreciation<br>• Least expensive combination of contract class, and Fund fees and expenses<br>• No optional benefits<br>• No sales charges<br>• No additional purchase payments, transfers, or partial withdrawals<br>| &nbsp;&nbsp;&nbsp; Assumes:<br>• Investment of $100,000<br>• 5% annual appreciation<br>• Most expensive combination of contract class, optional benefits and Fund fees and expenses<br>• No sales charges<br>• No additional purchase payments, transfers, or partial withdrawals | &nbsp;&nbsp;&nbsp; Assumes:<br>• Investment of $100,000<br>• 5% annual appreciation<br>• Most expensive combination of contract class, optional benefits and Fund fees and expenses<br>• No sales charges<br>• No additional purchase payments, transfers, or partial withdrawals |  |

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&nbsp;&nbsp;&nbsp;&nbsp;**2**

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Risks** | &nbsp;&nbsp;&nbsp;**Risks** | **Location in**<br> **Prospectus** |
| &nbsp;&nbsp;&nbsp;**Is There a Risk of Loss from Poor Performance?** | **Yes.**<br>You can lose money by investing in this contract, including loss of principal. | **Variable Investment Options** |
| &nbsp;&nbsp;&nbsp;**Is this a Short-Term Investment?** | **No.**<br>This contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash.<br>Amounts withdrawn from the contract may result in surrender charges, taxes and tax penalties. Surrender charges may apply for up to 84 months following your last premium payment. Surrender charges will reduce the value of your contract if you withdraw money during that time.<br>The benefits of tax deferral and living benefit protection also mean the contract is more beneficial to investors with a long time horizon. | **Buying a Contract – The Purchase Process**<br>**Financial Information – Contract Costs and Expenses** |
| &nbsp;&nbsp;&nbsp;**What Are the Risks Associated with the Investment Options?** | An investment in this contract is subject to the risk of poor investment performance and can vary based on the investment options available under the contract.<br>Each investment option, including the fixed-rate option, has its own unique risks.<br>You should review the prospectuses for the available Funds before making an investment decision. | **Variable Investment Options**<br>**Appendix A: Investment Options Available Under the Contract** |
| &nbsp;&nbsp;&nbsp;**What Are the Risks Related to the Insurance Company?** | An investment in the contract is subject to the risks related to us, as the Insurance Company. Any obligations (including under the fixed-rate option), guarantees, and benefits of the contract are subject to our claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you. More information about GIAC, including our financial strength ratings, is available by contacting us at 1-800-830-4147. | **The Accumulation Period – The Separate Account** |
| &nbsp;&nbsp;&nbsp;**Restrictions** | &nbsp;&nbsp;&nbsp;**Restrictions** | **Location in**<br> **Prospectus** |
| &nbsp;&nbsp;&nbsp;**Are There Restrictions on the Investment Options?** | **Yes.**<br>We reserve the right to impose a charge for transfers among investment options in excess of 12 per contract year.<br>We reserve the right to limit the frequency of transfers to not more than once every 30 days.<br>We may limit transfers based on frequent trading activity.<br>We reserve the right to remove or substitute the Variable Investment Options that are available as investment options under the contract.<br>We reserve the right to discontinue the fixed-rate option at any time.<br>The fixed-rate option may not be available in your state.<br>There are limitations on the number and amount of transfers into and out of the fixed-rate option.<br>We reserve the right to suspend, discontinue or otherwise restrict the availability of the fixed-rate option for additional premium payments and/or transfers.<br>You may choose to invest in a maximum of four of the Variable Investment Options or three of the Variable Investment Options and the fixed-rate option, if available, at any time.<br>During the annuity period, if you have a variable annuity payout option you transfers among the Variable Investment Options are limited to once each month. | **The Accumulation Period**<br>**Transfers**<br>**Variable Investment Options**<br>**Fixed-rate option** |

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**3**

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|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Taxes** | &nbsp;&nbsp;&nbsp;**Taxes** | **Location in**<br> **Prospectus** |
| &nbsp;&nbsp;&nbsp;**What Are the Contract's Tax Implications?** | You should consult with a tax professional to determine the tax implications of an investment in and payments received under this contract.<br>If you purchase the contract through a tax-qualified plan or individual retirement account, you do not get any additional tax deferral.<br>You will generally not be taxed on increases in the value of the contract until they are withdrawn. Withdrawals will be subject to ordinary income tax, and may be subject to tax penalties if you take a withdrawal before age 59 <sup>1</sup>⁄<sub>2</sub>. | **Financial Information – Federal Tax Matters** |
| &nbsp;&nbsp;&nbsp;**Conflicts of Interest** | &nbsp;&nbsp;&nbsp;**Conflicts of Interest** | **Location in**<br> **Prospectus** |
| &nbsp;&nbsp;&nbsp;**How Are Investment Professionals Compensated?** | Your investment professional may receive compensation for selling this contract to you, in the form of commissions, additional cash benefits (*e.g.*, bonuses), and non-cash compensation. This conflict of interest may influence your investment professional to recommend continued investment in this contract over another investment for which the investment professional is not compensated or compensated less. | **Your Rights and Responsibilities – Distribution of the Contract** |
| &nbsp;&nbsp;&nbsp;**Should I Exchange My Contract?** | If you already own an insurance contract, some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only exchange a contract you already own if you determine, after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate your existing contract, that it is better for you to purchase the new contract rather than continue to own your existing contract. | **Buying a Contract**<br>**Tax-Free 'Section 1035' Exchanges** |

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&nbsp;&nbsp;&nbsp;&nbsp;**4**

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**<u>Appendix A: Investment Options Available Under the Contract</u>**

The following is a list of Funds available under the contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at:

https://Guardianlife.onlineprospectus.net/Guardianlife/valueguard/?ctype=great_wested_notice. You can also request this information at no cost by calling the Customer Service Office Contact Center at 1-800-830-4147. Depending on the optional benefits you choose, you may not be able to invest in certain Funds.

The current expenses and performance information below reflects fee and expenses of the Funds, but do not reflect the other fees and expenses that your contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | **As of December 31, 2025** | **As of December 31, 2025** | **As of December 31, 2025** |
| <br>&nbsp;&nbsp;&nbsp;**Type/Investment Objectives** | <br>**Portfolio Company And**<br> **Adviser/SubAdviser** | <br>**Current<br>Expenses** | **1 Year<br>Average<br>Annual<br>Total<br>Return** | **5 Year<br>Average<br>Annual<br>Total<br>Return** | **10 Year<br>Average<br>Annual<br>Total<br>Return** |
| &nbsp;&nbsp;&nbsp;Seeks as high a level of current income as is consistent with preservation of capital and liquidity. | Fidelity VIP Government Money Market Portfolio (Service Class 2)<sup>1</sup><br>Fidelity Management & Research Company LLC<br>FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited | 0.50% | 3.86% | 2.90% | 1.83% |
| &nbsp;&nbsp;&nbsp;The Fund seeks a high level of current income consistent with growth of capital. | Guardian Equity Income VIP Fund<br>Park Avenue Institutional Advisers LLC<br>Wellington Management Company LLP | 0.55% | 14.76% | N/A | N/A |
| &nbsp;&nbsp;&nbsp;The Fund seeks capital appreciation and income consistent with its asset allocation. The Fund allocates its assets amongst equity securities, fixed income securities and money market instruments. | Value Line Capital Appreciation Investor<br>EULAV Asset Management | 1.08% | 20.87% | 8.10% | 11.86% |
| &nbsp;&nbsp;&nbsp;The Fund's sole investment objective is long-term growth of capital. | Value Line Larger Companies Focused Inv<br>EULAV Asset Management | 1.13% | 28.58% | 10.18% | 15.01% |
| &nbsp;&nbsp;&nbsp;The Fund's sole investment objective is long-term growth of capital. | Value Line Mid Cap Focused<br>EULAV Asset Management | 1.09% | 0.80% | 7.51% | 12.49% |
| &nbsp;&nbsp;&nbsp;The Fund's sole investment objective is long-term growth of capital. | Value Line Select Growth Fund<br>EULAV Asset Management | 1.16% | -1.84% | 7.30% | 12.24% |

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<sup>1</sup> There is no assurance that this Fund will be able to maintain a stable net asset value per share. In addition, during extended periods of low interest rates, and partly as a result of asset-based separate account charges, the yield on this investment account may become low and possibly negative.

**5**

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Please retain this Annual Notice for future reference. The last prospectus and statement of additional information for the contract, dated May 1, 2000, contains more information about the contract. You may contact us to request this additional information free of charge. Instructions for contacting us are included on the front cover page of this notice.

**EDGAR Contract ID: C000023326** 

&nbsp;&nbsp;&nbsp;&nbsp;**6**