CARRIER SPOTLIGHT:
Updated: 2 days ago
For: Employer/Employee Voluntary Benefits
Colonial Life - Supplemental Benefits for Life’s Unexpected Expenses Health insurance is an important foundation, but it doesn’t always cover every expense that comes with an illness or injury. Deductibles, copays, lost income, transportation, childcare, and everyday household expenses can quickly add financial pressure.
That’s where supplemental insurance can help.
Colonial Life has been providing voluntary workplace benefits for decades, offering coverage designed to complement major medical insurance rather than replace it.
Depending on availability and eligibility, Colonial Life offers supplemental products such as:
Accident Insurance - Provides benefits for covered injuries and accident-related expenses.
Cancer Insurance - Helps provide financial support following a covered cancer diagnosis and treatment.
Critical Illness Insurance - Provides benefits following certain covered serious illnesses, such as heart attack or stroke.
Hospital Indemnity Insurance - Pays benefits associated with covered hospital stays.
Disability Insurance - Helps replace a portion of income when a covered illness or injury prevents an employee from working.
One of the advantages of voluntary benefits is that employers can expand their benefits package while allowing employees to select coverage based on their individual needs.
For small businesses competing for employees, supplemental benefits can also help create a more comprehensive benefits package without relying solely on traditional health insurance.
At Cheryl Austin-Chaney Health Insurance Solutions (CACHIS), I help individuals and small businesses understand how supplemental
coverage fits alongside their existing health benefits, so they can make
informed decisions about the protection that makes sense for them.
