Worksite Program Features
Marketing Name - PACE
Payroll Allotment Coverage for Employees- Available only through sponsoring employers
- Voluntary employee benefit
- Premiums paid through payroll deduction
- Portable
- Family coverage options
- Guaranteed issue plan
- Based on group size and participation
- No health questions*
- No physical exams, no blood work*
questions on the application - Simplified issue plan
- Available for groups down to three lives
- No physical exams, no blood work
PACE Product (Policy Form No. PACE06 or state variation) | (top)
Available through Columbian Mutual Life in CT, DC, DE, FL, GA, IL, IN, MA, MD, MI, MN, MO, NC, NH, NJ, NY, OH, OK, PA, RI, SC, TN, TX, VA, VT, WI, and WV.- Permanent whole life
- Insurance issue ages 0 through 70
- Premiums payable to age 121
- Unisex rates
- Minimum amount $5,000
- Coverage to age 121
- Simplified, guaranteed, and conditional guaranteed issue
(Simplified, active, and conditional active issue in North Carolina) - Available riders:
- Waiver of Premium
- Child Term Rider
Product/rider specifications and availability may vary by state.