Colonial Life Insurance Review

You may take your coverage with you when you change jobs since Colonial Life offers portable life insurance products via the employer that offers reduced prices. You may be able to obtain a guaranteed issue insurance if you don’t want to answer questions about your health and your family’s medical history.

Pros and Cons of Colonial Life Insurance

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Pros

  • Policies that can be taken wherever are portable.
  • There are no available alternatives for a medical examination.
  • The ability to pick and choose how much insurance you want
  • The ability to pay

Cons

  • Exclusively offered through the workplace
  • No online quotes

How to get a quote from Colonial Life insurance

You can apply for insurance if your work provides it as part of your perks. You’ll be guided through the procedure by your company’s human resources department.

What types of life insurance coverage does Colonial Life offer?

Colonial Life offers two distinct kinds of insurance coverage:

  • Term life. There are four different term lengths available with Colonial Life’s most affordable life insurance policy: 10, 15, 20, and 30 years. Your beneficiaries will get a guaranteed death benefit if you die during the duration of the insurance while your premiums remain the same.
  • Whole life. This long-term insurance provides coverage for the whole policyholder’s lifetime while also accruing cash value at a predetermined pace determined by the insurer. There are two payment options: paid in full at 70 or paid up at 100.

What riders can I add to my policy?

Your insurance does not allow for the addition of new riders, although this is not uncommon.

Colonial Life insurance reviews and complaints

When it comes to customer service, Colonial Life has an A+ rating but isn’t recognized by the Better Business Bureau (BBB). As of yet, the Better Business Bureau (BBB) has no records of customer reviews or complaints, and the insurance isn’t listed on TrustPilot either.

Visit our review of Cincinnati Life Insurance Review for one more life insurance review.

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Levi Jorgensen
Levi Jorgensen is a life-long explorer. When he's not writing about life insurance, he works as an appraiser of antiques. He's based in Columbus, Ohio with his wife and 2 children.
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