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Colonial To Sell Worksite Term Life Policy

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Colonial Life & Accident Insurance Company has introduced a new term life policy for the voluntary worksite benefits market.

Employers meeting the carrier’s participation requirement can get guaranteed issue coverage for all up to a stated coverage amount that is based on employer size, applicant age and salary, says Colonial Life, Columbia, S.C.

The company is offering 3 level term periods: 10-, 20- and 30-years.

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