LISI Adds Colonial Life to Their Robust Product Portfolio

Thursday, December 20, 2018 General News
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LISI has partnered with Colonial Life to offer voluntary benefits that help employees cover rising out-of-pocket health care costs. Colonial Life's Accident, Critical Illness, and Medical Bridge voluntary benefits are available to small and large groups, effective December 1, 2018.

SAN MATEO, Calif., Dec. 19, 2018 /PRNewswire-PRWeb/ -- LISI has partnered with Colonial Life to offer voluntary benefits

that help employees cover rising out-of-pocket health care costs. Colonial Life's Accident, Critical Illness, and Medical Bridge voluntary benefits are available to small and large groups, effective December 1, 2018.

"Colonial Life is truly excited to partner with LISI, a premier General Agency in California. We look forward to helping their brokers provide clients the enhanced voluntary benefit offerings they need to help employees protect their families, their finances, and their futures," said Steve Vermette, Vice President of brokerage at Colonial Life.

"We're pleased to partner with Colonial Life to offer solutions that help employers and employees manage rising health care costs. These benefits offer a soft landing to employees who face increased deductibles, co-insurance, and out-of-pocket costs," said Becky Patel, LISI President and CEO.

Accident Insurance Colonial Life's Accident Insurance helps employees fill the gaps from deductibles, co-payments, and out-of-pocket costs that can come with an accidental injury. The insurance offers worldwide coverage; it's portable; and it's compliant with HSA guidelines.

Critical Illness Insurance Colonial Life's Critical Illness coverage offers a supplement to major medical coverage with a lump-sum benefit that can be used to pay direct and indirect costs related to the most prevalent critical illnesses. Some of the covered conditions include:

  • Heart attack
  • Stroke
  • End-stage renal (kidney) failure

Additional coverage options are available to help pay for health screenings, subsequent diagnoses, and cancer vaccines.

Medical Bridge Insurance Colonial Life's Medical Bridge coverage helps cover out-of-pocket expenses associated with a covered hospital stay. Insureds don't have to wait for any other insurance to adjudicate a claim, which means timely claims administration and less hassle.

About Colonial Life Colonial Life & Accident Insurance Company is a market leader in providing financial protection benefits through the workplace, including disability, life, accident, dental, cancer, critical illness and hospital confinement indemnity insurance. The company's benefit services and education, innovative enrollment technology and personal service support more than 90,000 businesses and organizations, representing more than 3.8 million of America's workers and their families. For more information visit http://www.coloniallife.com.

About LISI As one of California's largest general agencies, LISI enables more than 8,000 affiliated brokers to offer Medical, Dental, Vision and Specialty coverage for large and small employers from over two dozen carriers. For more information visit LISI.

Contact Jeff Grocky Director of Marketing jgrocky(at)lisibroker(dot)com 818.431.0474

 

SOURCE LISI



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