Dec 06, 2018
LISI has partnered with Colonial Life to offer voluntary benefits that help employees cover rising out-of-pocket health care costs. Colonial Life’s Accident, Critical Illness, and Medical Bridge voluntary benefits are available to small and large groups effective December 1, 2018. “Colonial Life is truly excited to partner with LISI, a premier General Agency in California. We look forward to helping their brokers provide clients the enhanced voluntary benefit offerings they need to help employees protect their families, their finances, and their futures,” said Steve Vermette, Vice President of brokerage at Colonial Life. “We’re pleased to partner with Colonial Life to offer solutions that help employers and employees manage rising health care costs. These benefits offer a soft landing to employees who face increased deductibles, co-insurance, and out-of-pocket costs,” said Becky Patel, LISI President and CEO. Accident Insurance Colonial Life’s Accident Insurance helps employees fill the gaps from deductibles, co-payments, and out-of-pocket costs that can come with an accidental injury. The insurance offers worldwide coverage; it’s portable; and it’s compliant with HSA guidelines. Critical Illness Insurance Colonial Life’s Critical Illness coverage offers a supplement to major medical coverage with a lump-sum benefit that can be used to pay direct and indirect costs related to the most prevalent critical illnesses. Some of the covered conditions include:
- Heart attack
- Stroke
- End-stage renal (kidney) failure
Additional coverage options are available to help pay for health screenings, subsequent diagnoses, and cancer vaccines. Medical Bridge Insurance Colonial Life’s Medical Bridge coverage helps cover out-of-pocket expenses associated with a covered hospital stay. Insureds don’t have to wait for any other insurance to adjudicate a claim, which means timely claims administration and less hassle.
Contact your LISI Regional Sales Manager for Colonial Life selling strategies.
