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Colonial Life Offers Term Life at Work.


Colonial Life & Accident Insurance Co., Columbia Columbia, cities, United States
Columbia (kəlŭm`bēə).

1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore.
, S.C., has introduced a supplemental, payroll-deduction individual term life plan available in 46 states with cost-of-insurance rate guarantees to age 95 and guaranteed renewability re·new·a·ble  
adj.
1. That can be renewed: a renewable membership; renewable subscriptions.

2.
.

Premiums are in three rate bands: $10,000 to $100,000, $100,001 to $150,000, and $150,001 to $500,000. The product offers guaranteed issue at initial enrollment for groups with more than 100 employees with participation requirements and modified guaranteed issue without required participation.

The product is designed for employers who don't don't  

1. Contraction of do not.

2. Nonstandard Contraction of does not.

n.
A statement of what should not be done: a list of the dos and don'ts.
 want to handle the ongoing administration of a group term-life plan. It's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 also appropriate for smaller employers where participation may be hard to achieve.
COPYRIGHT 2001 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Colonial Life and Accident Insurance Co.
Comment:Colonial Life Offers Term Life at Work.(Colonial Life and Accident Insurance Co.)
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2001
Words:110
Previous Article:Penn Mutual Life Enters Bonus Annuity Realm.
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