Table of Contents
What products does Colonial Life offer?
Financial protection for you and your family
- Disability Insurance. Replaces a portion of your income if you are sick or hurt and unable to work.
- Life Insurance.
- Accident Insurance.
- Hospital Indemnity Insurance.
- Critical Illness Insurance.
- Cancer Insurance.
- Dental & Vision Insurance.
What does Colonial Life pay for?
Emergency room visits, X-rays, diagnostic exams, physical therapy and follow-up treatment. Ambulance or air ambulance to a hospital. Hospital stays, travel or lodging expenses related to your accident.
Can I cash in my colonial life insurance policy?
Can I cash in my life insurance policy? You can borrow or withdraw from the cash value of your life insurance policy, and unlike a bank loan, this doesn’t have to be repaid. However, your death benefit will be reduced by the amount of the loan, which will continue to accrue interest.
Does Colonial Life offer long term care insurance?
Whole Life Insurance with Long Term Care Coverage offered through Colonial Life: Whole Life insurance through Colonial Life provides two valuable benefits within one policy. Whole Life provides a fixed benefit and fixed premium for the employee and/or spouse at the time of purchase.
Is Colonial Life better than Aflac?
Aflac is most highly rated for Work/life balance and Colonial Life & Accident Insurance Company is most highly rated for Work/life balance….
| Overall Rating | |
|---|---|
| 3.5 | 3.6 |
| Work/life balance | |
| 3.7 | 3.7 |
| Compensation and benefits |
How long does it take Colonial Life to process a claim?
Colonial Life allows customers to file claims through the official website or via fax at any time. However, the carrier does not provide a specific claims response time frame promise. They do state that customers can access their benefit payouts within 48 hours if they’ve signed up for direct deposit.
What is better than Aflac?
Aflac’s top competitors include Old Mutual, Manulife, Prudential, MetLife, Allstate and Colonial Life.
Is Colonial Life legit?
Colonial Life has earned a reputation as being one of the most respected insurance companies offering life insurance in the US. The carrier has received high ratings through A.M. Best and the BBB and has demonstrated consistent financial strength.
How much life insurance do you get for $9.95 a month from Colonial Penn?
Colonial Penn Life Insurance Benefits and Rates
| Units | Life Insurance Benefit Amount at 50 | Average Monthly Life Insurance Rates |
|---|---|---|
| 1 | $1,786 | $9.95 |
| 2 | $3,572 | $19.90 |
| 3 | $5,358 | $29.85 |
| 4 | $7,144 | $39.80 |
Which is better colonial life or Aflac?
What is colonial term life insurance?
Colonial Life offers short-term disability insurance which pays out monthly for up to two years in the event of an accident or illness. These plans are also portable, so they can be continued after a job change.
What is the phone number for colonial life?
The contact number of Colonial Life Insurance is (818) 973-2737.
What is the address for colonial life insurance?
Colonial Life & Accident Insurance Company Corporate Headquarters is a Health Insurance facility at 1200 Colonial Life Blvd W in Columbia, SC.
What is Colonial Insurance?
Colonial Insurance is one of only a handful of US companies that specializes in trucking insurance policies. They help fleet owners, owner operators and others in the trucking industry build the best policies to meet their needs and budgets.