In 1937, Edwin F. Averyt and J. Clifton Judy started Mutual Accident Company in Columbia, South Carolina and sold their first product — accidental death coverage. Their first sales team was comprised of mostly local women. They could relate to the struggles others were going through and talk with them about their financial protection needs.
In 1939, the company became Colonial Life & Accident Insurance Company. The mission then was the same as it is today — to help America’s workers preserve and protect the vitally important things.
In 1955, we introduced worksite marketing of voluntary benefits through payroll deduction, and that first payroll deduction account remains a Colonial Life customer to this day.