Company Overview

Our Mission
Colonial Life is committed to helping working Americans understand and appreciate the benefits available to them through the workplace and select the benefits they need to protect their families and lifestyles.

Our Vision
Colonial Life will be the company of choice for voluntary benefits programs offered through the workplace.

Fast Facts About Colonial Life

  • Headquartered in Columbia, S.C.
  • Founded in 1939.
  • 1,100 employees.
  • 6,400-member independent contractor sales organization nationwide.
  • 5,500 active Colonial Life-contracted brokers.
  • Offers a broad portfolio of insurance coverage, such as disability, life, and supplemental accident and health insurance policies.
  • Continues to be a leader in benefits communication, enrollment and customer service while providing  personal insurance benefits to employees and their families through the workplace.
  • Operates in 49 states, the District of Columbia and Puerto Rico. In New York, similar products, if approved, are underwritten by a Colonial Life affiliate, The Paul Revere Life Insurance Company.
  • Approximately 2.9 million policies in force.1
  • Serves approximately 60,000 businesses and organizations.1
  • Is a stand-alone subsidiary of Unum Group, a Fortune 500 company. Through its insuring subsidiaries, Unum is a leader in employee benefits and the No. 1 provider of group and individual disability income protection insurance.2
  • Named one of the top four best large companies to work for in S.C.

1 Colonial Life & Accident Insurance Company corporate records as of year-end 2008.

2 Unum represents the multiple insuring subsidiaries of Unum Group, including the #1 group and individual income protection carriers in the United States and United Kingdom, according to the JHA 2007 U.S. Group and Individual Disability Market Surveys, 2008, and GE Frankona Re 2007.

What are Voluntary Benefits?
Voluntary benefits complement an employer's core benefits program because employees choose the ones that best meet their individual and family needs. Typical plans include disability, accident, life, cancer and hospital confinement insurance. Voluntary benefits allow employers to offer an expanded benefits package at no direct cost because employees typically pay for these products themselves, usually through convenient payroll deduction.

Colonial Life's plans typically pay benefits regardless of other insurance the policyholder has. Policyholders can use the money to pay deductibles, co-payments and other expenses not covered by major medical plans, such as travel to treatment centers, lodging and child care, or even everyday living expenses.