NEW OFFERING: COLONIAL LIFE VOLUNTARY BENEFITS Highlights - - PowerPoint PPT Presentation

NEW OFFERING: COLONIAL LIFE VOLUNTARY BENEFITS

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Highlights

• Colonial Life will be replacing the current Humana

Voluntary Products

• No longer payroll deducted, however convenience of

Bank Draft

• Provides ability to keep these coverages even if you

change jobs or retire, at the same cost

• Take advantage of this initial offering with high

Guarantee Issue amounts, NO health questions

• No limit on claims and pays in addition to your health

plan

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Accident Insurance

• Pays benefit to the insured in the event of an

accidental injury

• Helps off set out of pocket expenses such as

Co-Pays and Deductibles

• Can insure all members of your family
• Guarantee Issue offering, No Health

Questions

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Critical Illness Insurance

• Pays a lump sum benefit in the event of Heart

Attack, Stroke, Cancer and 6 other conditions

• Helps off set out of pocket expenses such as

Co-Pays and Deductibles

• Can insure all members of your family
• $20,000 Guarantee Issue offering, No Health

Questions

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Whole Life Insurance

• Permanent Life Insurance guaranteed for the

life of the policy

• Can purchase amounts from $5,000 to

$100,000

• $75,000 Guarantee Issue offering, No Health

Questions

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Filing a Claim

3 Easy Ways:

• 1. For the quickest service, use our website

ColonialLife.com.

• Access claim forms and download/print policy information
• Update your contact information
• Submit claim using our eClaims system
• 2. Contact your local Colonial Life office &

Benefit Counselor.

• 3. Paper Claims - download the form and

follow the instructions, tips and videos

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

College Tuition Benefit

• Earn Tuition Rewards that can be used to pay up to one years

tuition at SAGE Scholar colleges. (Including local schools such as Benedictine, William Jewell, Avila and more)

• You must speak to a Colonial Life Benefit Counselor to

sign up!! No purchase of voluntary product required.

• Each employee receives 1,000 Tuition Rewards at

enrollment.

• Each registered student receives 500 Tuition Rewards

in his or her name.

• Employee then receives 1,000 additional Rewards

Points annually anniversary date chosen by the

employer

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

College Tuition Benefit

• Plan Illustration

Remember you must meet with a Colonial Life representative to enroll in the College Tuition Benefit To view the list of SAGE Participating Schools please visit: https://www.collegetuitionbenefit.com/schools

• Colonial Life will be replacing the current

Humana Voluntary Products

• No longer payroll deducted, however

convenience of Bank Draft

• Provides ability to keep these coverages

even if you change jobs or retire, at the same cost

• Take advantage of this initial offering with

high Guarantee Issue amounts, NO health questions

Additional Information

• Colonial Life will be reaching out to each

location to schedule time to have a Certified Benefit Counselor on site

• Additional communications materials will be

sent to each location for distribution

• All current Humana coverage will be

grandfathered to the Colonial plans however each individual will need to re-enroll on the Colonial products