Despite most US companies
offering open enrolment to life and disability insurance plans,
only 39% of single and never married employees have life insurance,
according to a study conducted for Colonial Life & Accident
Insurance Company.

Contrasting with this, the
study found that across all employees, 61% have opted to join
workplace insurance plans.

Also notable is that Colonial
Life’s study revealed that 74% of single and never married
employees who have life insurance rate it as important, very
important or extremely important to them in five years.

Colonial Life offers
disability, life and supplemental accident and health insurance
policies in 49 states, the District of Columbia and in New York
State through its affiliate, The Paul Revere Life Insurance

Colonial Life is a subsidiary
of Unum Group.