Colonial Life Products

What are Colonial Life Products?

The various plans offered through Colonial Life are individual plans. Below is a high level overview of the options available.

Plan Rules

Coverage through Colonial Life
Keep your coverage at the same cost, even if you retire or change employers
Please see your individual policy, which will be mailed directly to you, for full details.

Contact Campus Benefits for assistance with claims.

Call 1-866-433-7661, option 5

What is Term Life Insurance?

Term Life Insurance from Colonial Life provides affordable life insurance protection for a specific period of time—such as 10, 15, 20, or 30 years. During the term you choose, the benefit amount stays the same. If something happens to you during that time, the policy pays a benefit to your chosen beneficiaries. When the term ends, you have the option to continue the coverage on a yearto-year basis, without having to provide proof of good health.

What is Whole Life Insurance?

Colonial Life’s Whole Life Plus insurance plan is individually owned, with guaranteed level premiums, guaranteed cash values and a guaranteed death benefit. Coverage is permanent and is guaranteed for the life of the policy (to age 100), provided premiums are paid when due.

What is Disability Insurance?

Disability Insurance from Colonial Life helps protect your paycheck if you are unable to work because of a covered illness or injury. If you become disabled and can’t work for a period of time, the plan replaces a portion of your income so you can continue to pay for everyday expenses like rent, groceries, and bills. Coverage is offered through payroll deduction, making it an easy and affordable way to help protect your financial security when you need it most.
Product Features:
- Guaranteed Issue – Available for up to $4,000 in monthly benefits for up to 60% of income. Additional monthly benefits up to $6,500 are available.
- Total Disability and Partial Disability Benefits - Partial disability pays 50% of the total disability benefit and for up to 3 months.
- Renewability - This policy is guaranteed renewable to age 75. Premiums can be changed only if we change them on all policies of this kind in the state where the policy is issued.
- No Integration - There is no coordination of benefits at claim with other coverages. Benefits are paid regardless of benefits received from other sources. For benefit amounts over $4,000 per month, offsetting occurs during the application process.
- Waiver of Premium - available after 90 consecutive days of a covered disability.
- Benefits are paid directly to the insured unless they specify otherwise.

What is Accident Insurance?

Accident Insurance from Colonial Life provides cash benefits if you or a covered family member is injured in an accident. The plan pays you directly for things like doctor visits, hospital stays, injuries, accidental death, and serious accidents. You can use these benefits however you need, to help cover medical bills, deductibles, transportation, childcare, or other everyday expenses that may come up after an accident. This coverage helps protect your budget when the unexpected happens.
- Examples of out-of-pocket costs include:
  - ER visits, X-rays, diagnostic exams, physical therapy and follow-up treatment
  - Ambulance or air ambulance to a hospital
  - Hospital stays and travel or lodging expenses related to an accident

What is Medical Bridge Insurance?

Medical Bridge Insurance helps cover the costs that your regular health insurance may not fully pay. It provides cash benefits if you are hospitalized due to a covered illness or injury. These benefits can help with out-of-pocket expenses like deductibles, copays, and coinsurance, as well as non-medical costs such as travel, meals, or lost income. This coverage is designed to help “bridge the gap” between what your health plan pays and what you may still owe.

What is Cancer Insurance?

Cancer Insurance from Colonial Life provides financial support if you or a covered family member is diagnosed with cancer. The plan pays cash benefits directly to you to help with costs related to treatment and recovery. These benefits can be used for medical bills, travel to appointments, childcare, household expenses, or any other needs that come up during treatment. This coverage is designed to help reduce financial stress so you can focus on what matters most, getting better.

What is Critical Illness Insurance?

Critical Illness insurance provides you with a lump-sum cash payment upon the diagnosis of a covered condition, giving you a financial safety net to use however you see fit.
- Financial Flexibility: Use your lump-sum benefit to pay for out-of-pocket medical costs, your mortgage, groceries, or any other everyday expenses.
- Customizable Coverage: Personalize your plan with optional add-ons to ensure the coverage matches your family’s specific needs.