No Medical Exam

Answers to the questions on the application form will help us determine your eligibility. This is permanent, whole life insurance with no medical exam required.


Locked-in Premium & Benefit Amount

Premium is based on gender and age when coverage takes effect. Rate will not change for the life of the policy. Benefit amounts are available in increments up to $25,000.


Flexible Payment Options

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


Cash Value

Begins to build cash value after the first year of coverage which you can borrow against at a guaranteed rate.

Frequently Asked Questions

You don't have to get a physical now or ever. Your answers to a few health questions will help determine your eligibility.
No, once you're insured, your rate will never go up.
No. After your coverage begins, your benefit will not decrease as you grow older or if your health changes.
As long as you pay your premium, only you can cancel your coverage.
Your policy becomes effective on the day your application is approved, and you're covered in full from day one.
Yes. This plan will pay benefits directly to your beneficiary in addition to any other insurance you might have.
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 rates will never be lower than they are right now. The younger you are when your coverage starts, the lower your rates will be for life.
Simplified issue means that you don't have to complete a lengthy health questionnaire or get a physical to apply for coverage. Your answers to a few health questions will help us determine your eligibility.
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.

30-Day Money-Back Guarantee

Our life insurance has a 30-day Money Back Guarantee. You can return your policy within 30 days of receipt for a complete refund.

New York

New York Residents

Residents of New York please follow this link.

I am a New York resident

Have questions? No problem. Reach out to us for more information.