Colonial Life & Accident Insurance Company at Life

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Colonial Life & Accident Insurance Company. Unum, a fortune 500 insurance company, acquired colonial life for $571 million in 1993. Purportedly, colonial life’s first sales team was all women.

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They are very financially stable, although they have had some complaints from customers about slow payout times and other customer service issues. Colonial life & accident insurance co. What a shock when i called colonial penn in september 2020 to examine their $9.95 guaranteed acceptance life insurance.

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Arnold is currently the president and ceo of colonial life and accident. Colonial life & accident insurance company is not licensed in new york. A term life insurance policy that may be renewed at. The policies have exclusions and limitations which may affect any benefits payable.