LIFE INSURANCE No-cost financial protection for you and your family in the event of the unexpected. We provide basic life insurance for part- time FlexForce associates through Voya.
Averitt-Provided Basic Life Insurance Eligible after 30 day waiting period
Associate Basic Life Insurance
$10,000
See Summary Plan Description (SPD) for further details.
Instant Replay Take a moment during annual enrollment to check that your beneficiaries are correct. And remember, you must average 20 hours per week to be eligible for the Averitt-provided basic life insurance or to enroll in any Colonial Life coverage.
VOLUNTARY BENEFIT OPTIONS Voluntary benefits are the pinch hitters that can help you avoid striking out. These can provide you with covered benefits on top of the coverage you have on your health, disability or life insurance. Unless otherwise specified, you can enroll yourself, your spouse or your children in these benefits. If you were enrolled in any of these benefits in 2024, you will be automatically re-enrolled for 2025. Be sure to confirm that your beneficiaries are correct and update if necessary
Colonial Life Voluntary Benefits
• Accident Insurance — Provides benefits for injuries resulting from covered accidents, such as fractures, burns and lacerations, as well as for doctor’s office or emergency room visits, ambulance charges, X-rays, and physical therapy. • Cancer Insurance — Helps offset the covered out-of-pocket medical and indirect, non-medical expenses related to cancer, including benefits for diagnosis and treatment. This coverage also provides a benefit for specified cancer screening tests. • Critical Illness Insurance — Supplements your major medical coverage by providing a lump-sum benefit that you can use to pay the direct and indirect costs related to a covered critical illness, such as heart attack (myocardial infarction), end-stage renal failure, coronary artery bypass surgery, stroke or major organ transplant. Provides an annual health screening benefit for covered tests. Cancer benefit is optional at an additional cost. • Hospital Confinement Indemnity Insurance — Provides a lump-sum benefit for a covered hospital confinement to help cover copayments and deductibles that are not covered by most major medical plans. • Whole Life Insurance — Provides death benefit coverage that you can increase or decrease as your needs change. The policy builds cash value on a tax-deferred basis at current interest rates, and premium payments are flexible.
NOTE: Policies have limitations and exclusions that may affect benefits payable. Ask your Colonial Life Benefits Counselor for complete details. In New York Colonial Voluntary Benefits are underwritten by the Paul Revere Life Insurance Company.
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