Page 17 - Product Summary of Colonial Life_Neat

Voluntary life insurance portfolio

Whole Life Term Life Group Term Life
Basic: Employer pays all or a
portion of the premium
Premium funding 100% employee-paid 100% employee-paid Supplemental or Voluntary:
100% employee-paid

 Paid-Up at 70 Plan: 18 - 50  10-year: 16 - 75
 Paid-Up at 100 Plan: 18 - 79  15-year: 16 - 70
Issue ages 0 - 99
 20-year: 16 - 65
 30-year: 16 - 50

$10,000 to unlimited, $10,000 to five times salary
Coverage options $5,000 to $500,000
based on underwriting ($500,000 maximum)
Basic: Composite rates
Guaranteed level and Guaranteed level during
Premiums Supplemental or Voluntary:
end at paid-up age the selected term period
Step-rated in five-year age bands

Guaranteed issue Simplified issue Guaranteed issue
Underwriting for specified face amounts for specified face amounts based on participation
for organizations with
Simplified issue
for specified face amounts 10+ eligible employees
Basic: Not available
 Spouse policy or rider  Spouse policy or rider
Dependent coverage  Child policy or rider  Child rider Supplemental or Voluntary:
Spouse and/or child

Portable, with employer
Portability Complete portability Complete portability option of proof of good health

 Guaranteed level  Guaranteed level death benefit  Guaranteed level death
death benefit  Convertible to cash value insurance benefit until age 70
Key features  Guaranteed cash values (through age 75) without proof of good  Convertible to cash value plan
health without proof of good health

 Terminal illness  Terminal illness  Terminal illness
accelerated death benefit accelerated death benefit accelerated death benefit
Other key  Immediate advance  Annually renewable (to age 95) at  Health Advocate Employee
built-in features claims payment guaranteed rates without proof of good Assistance Program 2
 Guaranteed purchase health  Life Planning Services 2
option in child policy

Talk with your benefits Not a complete description of benefits. Ask your Colonial Life benefits representative for complete details.

representative to learn Policies have exclusions and limitations that may affect benefits payable. For cost and complete details, please
see your Colonial Life benefits representative. Policies or provisions may vary or be unavailable in some states.
more about offering 1 LIMRA, 2017 Insurance Barometer Study: Supplemental Data, 2017. Based on calculations.

financial protection
options for employees. 2 The Employee Assistance Program and Life Planning Services, provided by Health Advocate, are available

with Colonial Life & Accident Insurance Company’s group term life offering. Terms and availability of service
are subject to change. The service provider does not provide legal advice; please consult your attorney for
guidance. Services are not valid after coverage terminates. Please contact the company for full details.

ColonialLife.com

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registered trademark and marketing brand of Colonial Life & Accident Insurance Company. 6-19 | 65690-11