Employers now have a new life insurance product to offer their employees. With life insurance ownership at an all-time low in the U.S.1, Colonial Life & Accident Insurance Company’s new group term life product offers an affordable way for employees to purchase this much-needed coverage.
Product offers important benefits to workers.
Colonial Life’s new group term life plan offers the following benefits and features:
“Forty-one percent of adults in our country today own no life insurance,1” says Jeffrey Koll, FSA, MAAA, assistant vice president for life and disability product development at Colonial Life. “And 43 percent of people don’t have enough life insurance.1 This new group term life product gives employers a lower-cost option their employees can use to protect their families.”
New group term life product offers valuable benefits to employers.
Colonial Life’s new group term life plan offers the following benefits to employers:
For more information about Colonial Life’s new Group Term Life plan, call (803) 798-7000 or visit www.ColonialLife.com. Coverage may vary by state and may not be available in all states.
About Colonial Life
Colonial Life & Accident Insurance Company is a market leader in providing insurance benefits for employees and their families through the workplace, along with individual benefits education, advanced yet simple-to-use enrollment technology and quality personal service. Colonial Life offers disability, life and supplemental accident and health insurance policies in 49 states and the District of Columbia. Similar policies, if approved, are underwritten in New York by a Colonial Life affiliate, The Paul Revere Life Insurance Company, Worcester, Mass. Colonial Life is based in Columbia, S.C., and is a subsidiary of Unum Group, one of the world’s leading providers of employee benefits.
Colonial Life offers exceptional opportunities to join its expanding sales force of more than 13,000 career agents in one of the fastest growing segments of the insurance industry. The company provides award-winning training that has received national recognition for excellence. For more information call (803) 798-7000 or visit www.ColonialLife.com.
1 LIMRA, “Fast Facts about Life,” 2011.