Colonial life insurance ↝ Life insurance

Colonial Life launches new mobile app for customers, Business Wire

COLUMBIA, S.C.--( BUSINESS WIRE )--Colonial Life policyholders can now access claims information and policy details from their Apple devices with the help of a new mobile app. The free download enables policyholders with iPhone, iPad and iPod Touch devices to quickly check on the status of their claims, view policy information and access information currently available to them through the company’s policyholder website. In addition, they can use the app’s agent locator feature to find the Colonial Life representative closest to them and can use the app to communicate with a customer service representative. Customers can also access a Frequently Asked Questions feature for help. “We’re...

Critical Illness Insurance Information from Colonial Life, Disabled World

Critical Illness Insurance Information from Colonial Life Published: 2011-02-17 - Updated: 2021-04-23 Author: Colonial Life | Contact: coloniallife.com Peer-Reviewed Publication: N/A Synopsis: Critical illness insurance pays an amount when diagnosed with heart attacks, cancer, strokes, coronary artery bypass surgery, major organ failure, transplants or other specified major medical conditions. According to Colonial Life claims statistics, heart attacks, stroke and coronary artery bypass surgery together made up 58 percent of critical illness claims Voluntary critical illness plans pay benefits directly to the insured individuals, unless they specify otherwise. Main Digest Critical Illness...

Colonial Life selects Utmost for Extended Workforce Management, Utmost

Colonial Life selects Utmost for Extended Workforce Management | Utmost Utmost delivers first talent management system to support and engage Colonial Life’s independent insurance agents. San Francisco, Calif., Oct. 11, 2019 – Colonial Life has selected Utmost to provide a software solution to more productively engage and support their 14,000 independent insurance agents. Utmost is the first platform that allows enterprises to gain total visibility of their non-payroll workforce such as temporary workers, consultants, outsourced resources, freelancers, and contractors. Utmost offers business insights across the entire extended workforce, streamlines operations by reducing manual processes...

Colonial Life Accident Insurance Company News Events Allen University

FOR IMMEDIATE RELEASE: January 14, 2022 (Columbia, S.C.) – Allen University’s Good Samaritan-Waverly Hospital’s capital campaign recently received a boost from Colonial Life with a $100,000 gift is payable over a three-year period (2022-2024) and the funds will be used to: • Support a Science, Technology, Engineering, and Math (STEM) summer camp for highschool students ($7,500 annually) • Support programming within the Boeing Institute on Civility – a national hub for advancing civil discourse in America ($12,500 annually) • Name a classroom within the Boeing Institute on Civility ($40,000) “Colonial Life’s support of Allen University through The Boeing Institute on Civility and the summer...

New Leaders Position Colonial Life for Future Growth

Treadway, currently Vice President of Small Business at Unum, will transition into his new role in January. He has expertise managing small business distribution, operations and key external partnerships. Shea was instrumental in driving growth through numerous sales and client management leadership positions at Unum. "Shea and Michael have proven track records of driving results and developing talent," said Tim Arnold, president of Colonial Life and executive vice president for Voluntary Benefits. "I'm confident their leadership will position us for strong future growth." Stachowiak has a degree in business administration and human resource management from the School of Business at...

Colonial Penn Life Insurance Review 2022 Forbes Advisor

Types of Colonial Penn Life Insurance Colonial Penn whole life insurance Whole life insurance is a type of permanent life insurance that combines life insurance with an investment product known as “cash value.” The cash value component offers a guaranteed minimum rate of return. Colonial Penn’s permanent whole life insurance is available to people ages 40 to 75. Premiums are based on an applicant’s age and gender; they’re based on only age in Montana. Once someone has Colonial Penn whole life insurance, their premium won’t change during the policy’s life. The coverage can’t be canceled as long as the premiums are paid, and the death benefit will never go down. Coverage amounts for...

Colonial Life enhances life insurance coverage options, Business Wire

COLUMBIA, S.C.--( BUSINESS WIRE )--An enhanced whole life insurance option from Colonial Life can help America’s workers fill the trillion-dollar life insurance gap. Employer-provided group life coverage is the only life insurance most people have — and it’s not nearly enough. LIMRA estimates a growing $16 trillion gap between the amount of life insurance America’s workers need and the amount they have. Even those employees who have life insurance coverage may want to rethink their choices and consider options. Today’s historically low interest rates may leave employees with a difficult choice: paying more or accepting less. Colonial Life’s improved whole life product provides guaranteed...

Colonial Life announces new executives

COLUMBIA, S.C. (December 21, 2021) - Colonial Life, a Unum (NYSE: UNM) brand, has two new executives. Michael Stachowiak is Senior Vice President of Sales, and Shea Treadway is Senior Vice President of Field and Market Development. With nearly 20 years of experience in voluntary benefits sales, Stachowiak most recently led the Southwest team at Colonial Life creating significant growth over the past 18 months. He embedded inclusion and diversity efforts throughout the sales organization and has been recognized for onboarding top talent. Treadway, currently Vice President of Small Business at Unum, will transition into his new role in January. He has expertise managing small business...

Colonial Penn Life Insurance Review

Pros Explained Guaranteed acceptance policies available: If you’re between the ages of 50 and 85, you can qualify for a guaranteed acceptance policy without a medical exam. There are no health questions asked, and you cannot be turned down because of your health. Get a quote and online: While many insurance companies require you to contact an agent to get a quote, Colonial Penn allows you to get a quote and purchase some policies online. 30-day try-it-on period: Once you sign up for a plan with Colonial Penn, you have 30 days to try it out. If you decide it isn’t right for you, you can cancel it within 30 days of its activation date for a full refund. Cons Explained Guaranteed and whole...

Colonial Life Insurance Pros Cons: Experts Review, Trusted Choice

Colonial Life Insurance Company at a Glance Colonial Life Pros: Well-established carrier with multiple decades of experience in the insurance industry. Provides multiple types of coverage including life insurance, accident insurance, cancer insurance, and more. High ratings through A.M. Best and the BBB. Strong financial stability. Colonial Life Cons: Not a BBB accredited company. No official claims response time frame promise. Official website could use an upgrade. Mixed customer feedback. Concerning volume of complaints filed against the carrier through the BBB. What Types of Insurance Does Colonial Life Offer? Colonial Life focuses on life insurance and employee benefits insurance. Their...