Life insurance needs change as life circumstances change...
Buying a home
Having a child
Taking on additional debt
Colonial Life's Group Term Life Insurance provides protection for a specified period of time, typically offering the greatest amount of coverage for the lowest initial premium. This fact makes term insurance a good choice for supplementing cash value coverage during life stages where obligations are higher, such as while children are young. It is also a good option for families on a tight budget.
Benefits of Colonial Life's Group Term Life Insurance:
Provide loved ones with a tax-free benefit because life insurance benefits are typically free from income tax for the beneficiary.
An Accelerated Death Benefit is included that can pay a percentage of the death benefit if diagnosed with a terminal illness with less than 12 months to live (may vary by state).
Survivor Financial Counseling may be available at no additional cost for objective financial support to survivors.
If you qualify, you may keep coverage at same affordable group rates if you change jobs or retire.
Spouse and dependent children coverage is available.
Why take chances with your family's financial security? Talk to your Colonial Life benefits counselor about assessing your life insurance needs and find out more about Group Term Life Insurance.
Colonial Life products are underwritten by Colonial Life & Accident Insurance Company, for which Colonial Life is the marketing brand. Coverage is subject to policy exclusions and limitations that may affect benefits payable. Products may vary by state and may not be available in all states. For cost and complete details, see a Colonial Life benefits counselor.