Colonial Life: Is Health Insurance Worth The Cost?

Colonial Life is an insurance company that offers a range of insurance products, including health insurance. With over 80 years of experience, Colonial Life provides benefits for life's unexpected moments, such as accidents, illnesses, or injuries. The company offers multiple enrollment options and focuses on benefits education, ensuring that employees understand their major medical and voluntary benefits. They also offer a simplified employee experience through an online portal, where workers can view and manage their benefits. In addition to health insurance, Colonial Life provides disability insurance, accident insurance, cancer insurance, and critical illness insurance, among other products. The company aims to make life more affordable and easier to manage for individuals and employers.

Colonial Life's Accident Insurance

Colonial Life Accident Insurance provides financial protection for life's unexpected moments, including accidents, illnesses, and injuries. The company has been in the business for over 80 years, offering benefits that help employers retain skilled workers and promote business growth.

The accident insurance policy offers a set amount payable based on the injury sustained and the treatment required. This benefit is typically paid directly to the policyholder, unless specified otherwise, and can be utilized at their discretion. Coverage is available not only for the individual but also for their spouse and eligible dependent children.

Additionally, Colonial Life prioritizes benefits education, providing educational resources such as custom websites, digital benefit booklets, and digital postcards to cater to different learning styles. This empowers employees to make informed decisions about their coverage and maximize the value of their benefits.

Colonial Life's Critical Illness Insurance

When an individual is diagnosed with a covered critical illness, they can file a claim with Colonial Life and receive a lump-sum benefit to assist with their treatment and recovery. This benefit can be used to pay for various expenses, including deductibles, co-pays, out-of-network treatment, travel, lodging, and even lifestyle changes, such as gym memberships, to improve their health.

Peace of Mind for Employees and Employers

Critical illness insurance can provide peace of mind for employees, allowing them to focus on their recovery without the added stress of financial worries. It also strengthens the benefits package offered by employers, helping to attract and retain high-performing employees. Colonial Life's nationwide team of licensed benefit counsellors can simplify the enrollment process and provide 24/7 support, making it easier for employers to implement this valuable benefit.

Coverage Options

Colonial Life offers several individual and group critical illness insurance plans, with optional riders also available. The specific covered conditions may vary, but they typically include end-stage renal (kidney) failure and other serious illnesses. Additional coverage options can include health screenings, subsequent diagnoses, and cancer vaccines.

Colonial Life has over 75 years of experience serving America's workers. They provide benefits that individuals and employers want for life's unexpected moments, whether due to accidents, illnesses, or injuries. With multiple enrollment options and a focus on benefits education, they make it easy for individuals to understand and access their benefits.

Colonial Life's Cancer Insurance

Colonial Life is an insurance company that has been in the business for over 75 years. They provide benefits for life's unexpected moments, including accidents, illnesses, and injuries. Their cancer insurance coverage is designed to help individuals and their families financially during cancer diagnosis, treatment, and recovery.

Cancer insurance from Colonial Life offers a financial safety net to help cover cancer-related expenses that medical insurance might not cover. This includes out-of-pocket costs related to inpatient or outpatient treatment, surgery, travel, and recovery care. Some plans also cover annual cancer screening tests to promote early detection. The benefits are payable directly to the policyholder and can be used however they wish, regardless of any other insurance they may have. Additionally, some policies can be retained even if the individual changes jobs.

The company offers multiple enrollment options, including in-person, virtual, telephonic, and online self-service, to make it convenient for individuals to connect with a benefits expert and make informed decisions about their coverage. The Colonial Life for Policyholders portal also allows individuals to view and manage their benefits online, providing a quick and intuitive way to access their policy details.

Colonial Life's Disability Insurance

Colonial Life is an insurance company that provides benefits to employees for life's unexpected moments, including accidents, illnesses, and injuries. They have been in the industry for 80+ years, making it easy for employers to offer benefits that help retain skilled workers and help businesses grow.

Colonial Life offers disability insurance, called Disability Plus, which covers gaps in pay while the policyholder is out of work. This short-term disability product helps customers fill in coverage gaps when state-mandated paid medical leave (PML) is insufficient. It is currently available in Connecticut, Massachusetts, New Jersey, and Washington.

Disability Plus offers three flexible plan options that provide benefits during and after state program benefits end. It also includes optional health benefits such as mental and nervous care, hospital confinement, and critical illness coverage. One of the unique features of this product is that it offers benefits for returning to work part-time, ensuring a smooth transition back to the workforce. Additionally, it provides easy online claim submission and payment processing, making it convenient for policyholders to manage their benefits.

Colonial Life's Supplemental Medical Insurance

Colonial Life is an insurance company that has been in the business for over 75 years, providing benefits to employees for life's unexpected moments, including accidents, illnesses, and injuries. They offer a range of insurance products, including supplemental medical insurance, to help individuals protect what they have worked hard for.

One of the key components of Colonial Life's supplemental medical insurance is its focus on benefits education. They provide educational resources to help individuals understand their coverage and make the most of their benefits. These resources include custom websites, digital benefit booklets, and digital postcards tailored to different learning styles. This empowers individuals to navigate their benefits effectively.

The company offers a range of insurance products to meet diverse needs. For example, their Hospital Indemnity Insurance pays benefits directly to the policyholder for hospital stays or outpatient surgery, complementing any existing medical insurance. Additionally, their Critical Illness Insurance provides a lump-sum benefit upon diagnosis of a covered illness, helping to offset out-of-pocket expenses during diagnosis, treatment, and recovery, with an additional benefit for cancer screening tests.

Frequently asked questions