Colonial Life

Colonial Life & Accident Insurance Company, commonly known as Colonial Life, is a prominent American insurance provider headquartered in Columbia, South Carolina.

Established in 1939 by Edwin F. Averyt and J. Clifton Judy, the company has a rich history of offering financial protection to individuals and businesses across the United States.

As a subsidiary of Unum Group, Colonial Life specializes in voluntary benefits, providing a comprehensive suite of insurance products designed to safeguard against unexpected events.

Insurance Products

• Disability Insurance: Replaces a portion of income if an individual is unable to work due to illness or injury.
• Life Insurance: Offers financial support to beneficiaries in the event of the policyholder's death.
• Accident Insurance: Provides benefits to cover expenses resulting from covered accidents.
• Hospital Indemnity Insurance: Pays benefits directly to the insured for hospital stays or outpatient surgeries, supplementing existing medical insurance.
• Critical Illness Insurance: Delivers a lump-sum benefit upon diagnosis of a covered illness, which can be utilized as needed.
• Cancer Insurance: Helps offset out-of-pocket expenses from initial diagnosis through recovery, including additional benefits for cancer screening tests.
• Dental & Vision Insurance: Covers routine and unexpected dental procedures, with optional vision coverage available.

These products are underwritten by Colonial Life & Accident Insurance Company, ensuring a reliable and secure foundation for policyholders.

With over 75 years of experience, Colonial Life has grown to serve more than 3.7 million people across over 90,000 companies and organizations.

Their team comprises approximately 10,000 sales representatives and 1,200 home office professionals, all dedicated to delivering exceptional service and support.

Financially, Colonial Life demonstrates strong performance, with nearly $1.5 billion in premiums and a consistent record of profitable growth.

The company has earned high ratings from major agencies, including an 'A' rating from A.M. Best Company and an 'A' rating from Standard & Poor’s, reflecting its stability and commitment to policyholders.

In addition to its core offerings, Colonial Life has been a pioneer in worksite marketing of voluntary benefits through payroll deduction since 1955.

This innovative approach allows employees to access essential insurance products conveniently through their workplace, enhancing the overall benefits package and providing valuable financial protection.

Colonial Life's commitment to community engagement is also evident through its sponsorship of the University of South Carolina's basketball arena, known as Colonial Life Arena, since 2003.

With a steadfast mission to help America's workers preserve and protect the vital aspects of their lives, Colonial Life continues to be a trusted partner in providing comprehensive insurance solutions tailored to meet the diverse needs of its clients.

Locations

• Chattanooga, TN, USA: Serving the Tennessee region.
• Longmont, CO, USA: Catering to clients in Colorado.
• Henderson, NV, USA: Addressing the needs of Nevada residents.
• Boca Raton, FL, USA: Providing services to the Florida community.
• Hilo, HI, USA: Extending coverage to Hawaii.
• Little Rock, AR, USA: Serving the Arkansas area.
• Kansas City, MO, USA: Catering to clients in Missouri.