Some Colonial Life & Accident Insurance plan types include critical illness, dental, accident, cancer, hospital confinement indemnity, disability and life, states the Colonial Life & Accident Insurance website. The company is based in Columbia, South Carolina, and provides insurance plans to 49 states, as of June 2015.
Colonial Life & Accident Insurance sells insurance policies to employees, with most plans also allowing coverage to spouses and children. The company will pay benefits directly to the policyholder. For example, hospital confinement indemnity insurance can cover any out-of-pocket expenses from hospitals. Benefits can be received even if the policyholder has insurance with other companies, notes Colonial Life & Accident Insurance. Most plans can be continued with no premium increases if a person changes jobs.