Financial overview

We’ve always helped employers and employees prepare for the unexpected. It’s who we are.

When choosing an insurance company, you want a provider that is forward-thinking, stable and financially sound. You can count on that with Colonial Life.

Colonial Life at a glance

Over 4 million workers protected

Over 87,000 businesses offering our benefits

$1.8 billion of in-force premium

Colonial Life internal data, 2021.

Consistent, profitable financial performance

We have a long tradition of consistent, profitable financial performance. We’ve done this by staying true to our mission and through our commitment to our customers.

And the experts agree. Colonial Life, with all of Unum Group’s primary subsidiaries,¹ consistently earns strong financial strength ratings from the four major rating agencies.²

We're committed to providing affordable insurance products to meet our customers' needs, and we're dedicated to meeting our financial commitments.

Agency	Rating
A.M. Best Company	A Strong
Moody’s Investors Service	A3 Good
Standard & Poor’s	A Strong
Fitch	A- Strong

Learn more about Colonial Life

History

See how our insurance company has evolved from humble beginnings in 1937 to one of the leading voluntary benefits providers in the country.

Learn about our history

Colonial Life Arena

Feel like you’ve seen our name around town or on TV? You have! Since 2003, we’ve been the arena sponsor of our hometown college, the University of South Carolina.

About the Arena

¹ Unum Group’s primary subsidiaries are Unum Life Insurance Company of America, Provident Life and Accident Insurance Company, Unum Insurance Company, Provident Life and Casualty Insurance Company, The Paul Revere Life Insurance Company, Colonial Life & Accident Insurance Company, and First Unum Life Insurance Company

² Ratings are given to the U.S. insuring subsidiaries of Unum Group and are current as of April, 2021. Industry ratings are not a warranty of an insurer’s financial strength, current or future ability to meet its obligations to policyholders nor a recommendation of a specific policy form, contract, rate or claim practice. In addition, industry ratings do not address the suitability of a particular insurance policy or contract for a specific purpose or purchaser.