Colonial Supplemental Insurance offers several types of supplemental, a.k.a, voluntary, insurance coverage including disability, supplemental life, accident, hospital confinement and cancer and critical illness plans. It is important to note that all supplemental plans have exclusions and limitations.
The disability plan benefits give you some financial cushion to keep you going while you are unable to work because of illness or injury. The supplement life insurance is in addition to life insurance coverage that your employer provides for you. If you leave your employer, your supplemental insurance follows you. And when a health catastrophe strikes, the medical supplement gives you some support to meet unexpected out-of-pocket expenses.
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