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Life insurance can help you plan for the future

Protect the people who matter most

Provide your loved ones with more financial security. Life insurance can help your loved ones pay for funeral costs, cover bills and ongoing living expenses, pay off debts, finance future needs and protect retirement plans.

How life insurance works

Get the coverage that’s right for your needs

No matter where you are in life, you can get coverage that’s right for your needs with options that can help you protect your family’s future.

  • Benefits are typically paid tax-free to the person you choose to receive your benefits.
  • You can keep your life insurance coverage if you change jobs or retire.
  • For some plans, coverage may be available with no medical questions or exams to qualify.
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Individual Life Insurance: Term vs. Whole

Below is an overview of the key features of individual life insurance by Colonial Life. While your age and health can affect your options, your benefits counselor can help you determine what coverage is right for you.
  Individual Term Life Individual Whole Life
Cost $ $$
Death benefit Payable if you pass away within the term period you select Stays the same as long as you make payments
Plan options 10-, 15-, 20- or 30-year option Paid-up at age 70 or paid-up at age 100
Premium payments Stay the same during the selected term period
 Remain the same and end at paid-up age
Cash value Not a feature of term life Values set when you purchase the policy

Commonly asked questions about life insurance

You can purchase a life insurance plan at a competitive rate. The cost will vary based on your age and the amount of coverage you purchase.
Depending on the plan and face amount you choose, you may be asked some health questions. Your answers will be used to determine whether you are eligible for coverage.
Yes, in most cases. Depending on your plan and the amount of coverage desired, you may need to answer health questions.

To view a copy of your policy, update your contact information and manage your life insurance, log in to your account. If you don’t have an account, register here.

To notify Colonial Life about the loss of life of a life insurance policyholder, please complete the loss of life notification form to begin the process of filing a life insurance claim.

In most cases, you can keep your coverage if you change jobs or retire.

Employers and HR representatives

Find out more about offering Colonial Life individual or group life insurance for your employees.

Hyperlinks to third-party websites are offered for informational purposes only. Colonial Life in no way controls, guarantees, endorses, sponsors or promotes these websites or their content.

Term Life (ITL5000): Applicable policy forms ICC18-ITL5000, ITL5000.

Whole Life Plus (IWL5000): Applicable policy forms ICC19-IWL5000-70, IWL5000-70, ICC19-IWL5000-100, IWL5000-100, ICC19-IWL5000J, IWL5000J.

Group Term Life: Applicable policy form GTL1.0-P.

This information is not intended to be a complete description of the insurance coverage available. The insurance or its provisions may vary or be unavailable in some states. The insurance has exclusions and limitations which may affect any benefits payable. For cost and complete details of coverage, call or write your benefits counselor or the company.

Underwritten by Colonial Life & Accident Insurance Company, Columbia, SC.