Download Form #101499 Colonial Life
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People also ask
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How much does Colonial Life pay for a wellness claim?
Colonial Life Group Accident and Group Critical Care plans include a $50 wellness benefit per covered person. If you have more than one policy, you will receive more than one benefit.
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How much does most short-term disability pay?
The average benefit from private short-term disability insurance (STD) ranges between 40 and 70 percent of gross salary.
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How does short-term disability work with Colonial Life?
Colonial Life's Short-Term Disability Income Protection insurance replaces a portion of your income if you become unable to work because of a covered illness or injury. This income can help you continue paying: Mortgage or rent payments.
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How much does Colonial Life short-term disability pay?
Highlights of our disability plan options include: $400 per month to 60% of your gross monthly income, not to exceed $6,500) • You're paid regardless of any other insurance you may have. Benefits are paid directly to you unless you specify otherwise.
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Who took over Colonial Life insurance?
Colonial Life was founded in 1939 by Edwin Averyt and became a wholly owned subsidiary of Unum in 1993.
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How much does Colonial Life pay?
Average Colonial Life & Accident Insurance Co. hourly pay ranges from approximately $7.25 per hour for Customer Service Associate / Cashier to $32.31 per hour for Senior Account Manager.
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What is the longest for short-term disability?
While policies vary, short term disability insurance typically covers you for a term between 3-6 months.
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Can I cash out my Colonial Life insurance policy?
Policy withdrawals/partial surrenders are available on universal life policies only. If your policy is not a universal life policy and you request a withdrawal, we will process the request as a policy loan.
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