benefits that
make a difference
Sometimes called "voluntary or supplemental insurance,” these often employee-paid benefits can stand alone or fill gaps in major medical and other insurance coverage.
Paid directly to the employee, they help personalize benefits packages to fit individual needs. Employees use them for co-pays or co-insurance, travel expenses, household bills or replacing lost wages or savings.
We offer a variety of affordable product solutions that meet the diverse needs of your workforce.
DENTAL + VISION
ENHANCE YOUR EMPLOYEES DENTAL + VISION PLAN
Regular dental care is an important part of maintaining your overall health.
If you’re wondering whether or not dental insurance is worth It, the first thing you should know is that medical insurance doesn’t cover most dental services which can potentially leave your employees with
additional bills to pay.
Colonial Life dental insurance encourages better dental care, creates a more competitive benefits package and helps reduce out-of-pocket expenses for an array of procedures, including:
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Cleanings
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Fillings
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Sealants
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Tooth Removal
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Crowns
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Dentures
Colonial Life dental insurance offers an optional vision rider to help pay for eye exams and materials, such as glasses and contact lenses. This additional coverage can help your employees maintain healthy vision and overall wellness.
Cancer insurance
A little over 1.9 million new cancer cases are expected to be diagnosed in the US in 2023 with an approximate 609,820 succumbing to the disease.
Millions of lives could be saved each year by implementing resource appropriate strategies for prevention, early detection and treatment. Almost at least one third of all deaths related to cancer could be prevented through routine screening, and early detection and treatment.
Cancer coverage from Colonial Life offers the protection you need to concentrate on what is most important - your care.
life insurance
Many families struggle to make ends meet.
As a result, some find it difficult to make life insurance a priority, despite the
valuable financial protection it can provide. Over 30 million Americans say
they need more life insurance.
In four out of ten households with children under 18 years of age, with mothers who are the sole/primary earner, their life insurance coverage is only 69% of men's
average coverage.
More than half of consumers report "everyday expenses" such as mortgage/rent, energy costs, food, clothing and transportation limit their ability to save. 86% of Americans say they haven't bought life insurance because it's too expensive, yet they overestimate its true cost by more than two times.
Life insurance pays out a lump sum to help provide financial protection for an employee’s family members in the event of death with most plans offering spouse and child(ren) coverage.
critical illness
No matter your age or state of health, a sudden illness could
significantly affect your financial well-being.
When health insurance won’t cover certain medical expenses, Critical Illness Insurance can help. Critical illness insurance can complement major medical coverage by providing a lump-sum benefit for an employee diagnosed with a covered critical illness, such as heart attack, stroke, coronary artery bypass surgery, end stage renal failure or major organ transplant amongst others.
Benefits are typically paid directly to the employee, so they can be used
where they’re most needed.
hospital confinement
Not everything goes according to plan.
You can’t predict sudden medical expenses that can drastically impact your way of life. Your health insurance helps offset costs, however, it doesn’t cover everything.
As of 2023, the average family spends more than $4,393 on out-of-pocket
medical costs each year. If you’re admitted to the hospital for a covered accident
or illness, Colonial Life Hospital Confinement Indemnity Insurance
could help pay for deductibles, co-payments and other expenses.
Hospital Confinement Indemnity Insurance provides a lump-sum benefit to help with out of pocket costs related to a hospital stay, outpatient surgery, diagnostic tests, doctors' appointments and emergency room trips.
Accident insurance
Accidents can happen in the blink of an eye.
Unfortunately, they result in unexpected out of pocket costs, such as emergency room fees, doctor's bills, and loss of income due to time off from work. These expenses can really add up at a time when you can least afford it. Colonial Life Accident plan pays benefits to you directly, which can help offset out of pocket expenses of a covered accident. This way you can focus on
what really matters, healing.
Disability insurance
No matter where you are in life, a disability can prevent you from earning an income.
Approximately 90% of all disabilities are caused by illness rather than accidents.
Disability insurance replaces a percentage of an employee’s income if they become disabled as a result of a covered accident or sickness to help cover expenses while they're out of work.
Your bills continue, even if your paycheck doesn't.
Think about your ongoing monthly expenses that can't be placed on hold everything from your mortgage or rent to your groceries and utilities. If a disability left you without a paycheck, you might rely on savings as a backup plan, but would that be enough?
Disability insurance can help you pay for your expenses and keep you focused on
what really matters, your recovery.