Colonial Life & Accident Insurance CompanyColumbia, SC, United States

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Colonial Life & Accident Company Description

Colonial Life & Accident Insurance steps in where traditional insurance companies leave off. Marketed under the Colonial Supplemental Insurance brand, the company targets its supplemental insurance products to employees of companies who provide employer-sponsored benefits. Colonial Life's products include disability, accident, life, and cancer insurance. Operating in 49 states (except New York) and in Washington, D.C. , the company has more than 2.5 million policies in force with more than 50,000 business and organizational clients. Founded in 1939, Colonial Life is a subsidiary of Colonial Companies, which was acquired in 1993 by Unum Corporation, now Unum Group.

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The Company Description provides a historical perspective of Colonial Life & Accident's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Colonial Life & Accident's evolution in the marketplace.

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