Colonial Life & Accident Insurance Co. Employee Benefits and Perks | Glassdoor

Colonial Life & Accident Insurance Co. Benefits

Location: US
3.0
StarStarStarStarStar
40 Ratings

Employee Benefit Reviews

Showing 1–10 of 42 comments

Most Commented

  • Work From Home  (14 comments)

    “You can work your own hours. Monday's they suggest coming into the office to start your week however, it is optional.”

  • Performance Bonus  (8 comments)

    “First year bonuses are great! If it weren't for my bonuses I probably wouldn't of been able to stay with Colonial from a financial stand...”

  • Job Training  (8 comments)

    “The training is on going as you continue with Colonial. A great company to continue development. I was able to communicate with my direct support to...”

  • Aug 14, 2018
    StarStarStarStarStar Former Employee in Columbia, South Carolina

    Insurance package is very comprehensive. There are several options, including Colonial Life's own supplemental benefits. Premiums are relatively low. Medical carrier service is not the best, but not bad. Dental is very good. The best of all is the 401K match program. I don't know many companies in the Columbia market that come close to their match and defined contribution.

  • Mar 15, 2019
    StarStarStarStarStar Former Account Executive in Alpharetta, Georgia

    You have access to a bunch of plans/policies but no match from company, you pay all of it. No discount either.

  • Feb 28, 2019
    StarStarStarStarStar Former ASR in Sandy, Utah

    As an insurance company you would think they would have more to offer. After you hit 10k in premium they offer a $10,000 Term Life policy and you can buy up if you desire however, you are paying for it. All ancillaries are available to you at a lower rate but you have to enroll during their enrollment period (which is typical, I guess). Other than that nothing else is offered.

  • Dec 28, 2018
    StarStarStarStarStar Current Benefits Counselor in Portland, Oregon

    You have access to their individual plans

  • Jan 14, 2019
    StarStarStarStarStar Current Employee in Fayetteville, Arkansas

    What benefits? If you don't sell anything you don't get paid.

  • Oct 05, 2018
    StarStarStarStarStar Current Sales in Dallas, Texas

    Only $10,000 in life insurance. No discounts on policies

  • Jul 30, 2018
    StarStarStarStarStar Former Sales Representative in New York, New York State

    No benefits, everything is all commission based as well. If you’re good with sales then this is the job for you

  • Jul 03, 2018
    StarStarStarStarStar Former Agency Development Manager in Auburn, Alabama

    It is 1099 so savings and taxes are dependent on you. You are allowed to purchase any of the products that Colonial sells, which in my opinion, is the best on the market.

  • May 15, 2018
    StarStarStarStarStar Current Agency Sales Representative in Indianapolis, Indiana

    The best thing is you own the insurance, so you may port it if you leave. The worst thing is if you're just a 1099 contractor, the supplemental/voluntary insurance is all you get--of course, with no employer contributions.

  • Apr 05, 2018
    StarStarStarStarStar Former Employee in Columbia, South Carolina

    They do not give you a discount on their products as an employee. Vacation time off is average. They encourage you not to take sick days.

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (11)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • CheckmarkPerformance Bonus (17)
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

Vacation & Time Off

Perks & Discounts

  • CheckmarkEmployee Discount (13)
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

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