Headquarters: 1200 Colonial Life Blvd., Columbia, SC 29210
www.coloniallife.com

Key officers: Randall C. Horn, President & Chief Executive Officer, Henry Price, Senior Vice President – Customer Acquisitions Services

Serving over 60,000 businesses and organizations, Colonial Life has established a sizable network of clients by offering a broad range of personal insurance products to those in the workplace that includes life, cancer, critical illness, hospital confinement, disability, and accident coverage. The stand-alone subsidiary of Unum Group has 2.9 million policies in force and operates in 49 states, the District of Columbia, and Puerto Rico.

Some quick facts about Colonial Life:

The company began as the Mutual Accident Company in 1937 and offered a $1,000 accidental death insurance policy that cost $3 per year, which was its only product. The company’s original sales force was comprised of 50 women, most of whom were housewives with no previous business experience.

Colonial Life was one of the early pioneers of selling insurance to workers at their jobs and deducting premiums from the workers’ paychecks.

Colonial Life also offers a “benefits communication” service that helps businessowners properly educate their employees on what types of benefits they have and why they are important.

The company recently received an “A-“ rating from A.M. Best for financial strength.

Source: Colonialife.com, Hoovers.com

Compiled by Life Quotes, Inc. staff