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Colonial Life & Accident Insurance Co.

Engaged Employer

Potential to earn excellent income, but difficult to start up and build a block of business. - Benefit Counselor Colonial Life & Accident Insurance Co. Employee Review

3.0
Jan 22, 2011
Recommend
CEO approval
Business Outlook

Pros

-Excellent income potential -Flexible schedule -Good commission structure -work from home -be your own boss -Income renewals build after time (3+ years) -Tax benefits of being 1099 -Exceptional home office support (from claims to underwriting to new accounts) -Very approachable senior management -Solid and growing company

Cons

-No base salary (commission only) -No benefits -You are only as good as your last sale, and constantly need to be opening cases (if you open) -No reliability in work or income -Not too much in the way of career advancement -Constant competition from competitors and within Colonial -Difficult to start up and build a solid block of business

Explore other reviews about Colonial Life & Accident Insurance Co.

5.0
Feb 7, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great onboarding program especially for new to industry.

Cons

Nothing I have seen negative.

1.0
Jul 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Products are decent although not the best in the industry anymore

Cons

Overcompliance, hostile to agents and brokers

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