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Colonial Life & Accident Insurance Company is an American insurance company based in Columbia, South Carolina. [1] Colonial Life offers disability, accident, life, cancer, critical illness and hospital confinement insurance plans in 49 states. [2] Colonial Life was founded in 1939 by Edwin Averyt and became a wholly owned subsidiary of Unum in ...
Under the leadership of then-CEO James Orr, the company turned its focus to long-term group disability insurance. [9] In March 1990, Unum acquired National Employers Life Assurance Holdings, which at the time was the United Kingdom's largest disability insurer. [16]
Colonial Life launches new mobile app for customers Policyholders can now check claims information and policy details any time, anywhere COLUMBIA, S.C.--(BUSINESS WIRE) ...
Long-term disability insurance can replace lost income if an injury or illness prevents you from working for an extended period of time. Employers can offer long-term disability insurance through ...
Colonial Life expands free benefits education website options for employers Customized websites offered to companies with as few as 100 workers COLUMBIA, S.C.--(BUSINESS WIRE)-- Employers can take ...
Total and Permanent Disablement Insurance is designed to provide a lump sum benefit to the life insured in the event of a medically diagnosed event that renders the claimant unable to work again. TPD Insurance is generally used to cover debts and the ongoing living expenses of an individual to reduce the ongoing financial burden of loss of income.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
According to the HHS, long COVID-19 must result in a physical or mental impairment like lung damage or neurological damage or substantially limit one or more life activities. That includes basic ...
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