No Medical Exam

You cannot be turned down because of your health. We can guarantee acceptance because of a two-year limited benefit period. This is permanent, whole life insurance with no health questions asked and no physical to take.


Locked-in Premium & Benefit Amount

Once insured, your premium gets locked in and is guaranteed to never increase for as long as your coverage lasts. Your benefit won’t decrease simply because you grow older and is based on your gender and age when your coverage takes effect.


Flexible Payment Options

Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.


Coverage Can't Be Cancelled

Final medical and hospital bills. Funeral and burial costs. Unpaid credit cards. Home or car loans. With sufficient life insurance in place, you can rest easy knowing that your final expenses won’t add to your family’s grief. Colonial Penn’s Guaranteed Acceptance Life Insurance offers you easy and affordable coverage.

Frequently Asked Questions

A unit of coverage corresponds to the life insurance benefit amount you can purchase and it depends on age, gender and state. Please get a quote to see benefit amounts and premiums available to you for up to 8 units of coverage.
You don't have to answer any questions about your health or take a physical exam. Your acceptance is guaranteed!
Acceptance can be guaranteed because of a limited benefit period for death during the first two years.
Once you lock in your premium rate for the benefit amount you want, it will stay the same as long as you keep your insurance.
No. After your coverage begins, your benefit will not decrease as you grow older or if your health changes.
Absolutely not. Your coverage can stay in force as long as you pay your premiums when due.
Yes. This plan will pay benefits directly to your beneficiary in addition to any other insurance you might have.
Yes. Save a full month's premium by paying annually -- you get 12 month's protection for the cost of 11! And this savings can add up year after year.
Count on a 30-Day Money Back Guarantee for peace of mind. If you decide this coverage isn't for you, just return your insurance documents within 30 days after receiving them for a complete refund, no questions asked.
We've built our reputation on satisfied customers. When you receive your insurance documents, you'll also receive a customer service guide with a toll-free service hotline. This special toll-free number will put you directly in touch with a top notch service team. Your guide will also include information on how to change your payment plan, change a beneficiary, or file a claim.
Your benefit is based on your age when coverage takes effect. The younger you are when your coverage starts, the higher your benefit will be for life.
If your coverage is inforce and has a cash value, you may obtain a loan on it. The interest rate is 8% compounded annually. Any loan amount and interest that has not been repaid at the time of death is deducted from the death benefit. Please refer to your policy/certificate for more information, or call our toll-free service number.
Yes! Customers can register at MyColonialPenn.com and see their coverage, premium, cash value and loan information. You can pay your premium online, and you can email us anytime with questions about your policy.
Need more help?
We make it easy to compare plans so you can find the best fit for you.
Or give us a call and we'll help walk you through it!