No one expects to get sick or injured, especially in their prime. However, life can change in an instant. When the unexpected becomes reality, Colonial Life disability insurance can provide income protection and peace of mind.
More than half of U.S. consumers worry they would not be able to support themselves if they became disabled and couldn’t work.2
"Total disability" typically means when you're unable to work at your own job due to a covered illness or sickness.
Common illness and conditions that may lead to total disability include:
It's generally recommended to have enough disability insurance to cover 60% of your after-tax income. However, this number varies based on a number of factors, such as your monthly living expenses.
If you have an illness or accident, you will need to visit a physician for care. If the physician determines you're unable to perform your current job, you can file a claim with Colonial Life and begin the process of receiving disability benefits.
Keep in mind that policies have exclusions and limitations that may affect your coverage and/or eligibility, so talk with your benefits counselor for more details.
When you're enrolling for disability insurance, you will choose an elimination period, which is the waiting period between the date your physician determines you're unable to work and the date your benefits can begin. Typically, the longer elimination period you choose, the lower the premium. Talk with your benefits counselor for more details.
During enrollment, you can choose from a number of benefit periods. Talk to your benefits counselor to find out which benefit periods you can choose from.
Long-term disability insurance is not available at this time.
You may be able to keep your coverage depending on the policy you have. If you are able to take your policy with you, you will receive a Continuation of Coverage letter with instructions on next steps when your current employment ends. You will need to change your payment method to direct bill, which means you pay Colonial Life directly instead of paying through your employer. To learn more and begin this process, download the Conversion Request Form.