Cancer Insurance Will Not Be Offered for 2022 Benefits Year, Critical Illness to be Offered as Replacement

As of Dec. 31, 2021, Colonial Life will no longer be available for cancer coverage. In the 2022 benefits year, Davidson will offer Critical Illness benefits through Voya in place of cancer insurance. The information found on this page should only be consulted in reference to coverage for the 2021 benefits year.

If you are currently enrolled in the Colonial Life Cancer Plan and would like to convert this into individual coverage, please contact Rene Baker ( for more information. 

Learn More About Critical Illness Through Voya

The Voluntary Cancer Insurance benefit is designed to complement Davidson's health plans by helping employees with the indirect costs associated with a cancer diagnosis.

The benefit is paid directly to the employee and not in coordination with your health insurance. If an employee elects this voluntary insurance, when any insured family member is diagnosed with any type of internal cancer, and submits acceptable proof of diagnosis, payment is made directly to the employee.


  • All regular full-time employees, effective the first day of the month after 30 days of continuous service
  • All regular part-time employees (budgeted for at least 1,000 hours/year), effective the first of the month after 60 days of continuous service
  • Coverage terminates on the employee's termination date

Documents and Forms

Cancer Rates

Coverage Cost Bi-Weekly
Individual $6.23
Family $10.36

Rates are the same for part-time and full-time employees.

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