Guaranteed Acceptance Life

Colonial Penn Insurance Products

New York Residents Click Here

Guaranteed Acceptance Whole Life Insurance

You Cannot Be Turned Down - Apply Online!

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.


Issue Age

Ages 50-85, most states. Under age 50 click here.


Locked-In Benefit Amount

Your benefit won't decrease simply because you grow older. Your benefit is based on your gender and on your age when your coverage takes effect.


Locked-In Premium

Your rate gets locked in and is guaranteed to never increase for as long as your coverage lasts.


Coverage Can't Be Cancelled

As long as you pay your premiums, only you can cancel your coverage.


Flexible Payment Options

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


Peace of Mind for You and Your Family

Who will pay your final medical and hospital bills? Your funeral and burial costs? Your unpaid credit cards, home or car loans? With sufficient life insurance in place, you can rest easy knowing that your final expenses will never add to your family’s grief. And now you can easily get affordable coverage that helps provide that peace of mind...with Colonial Penn's Guaranteed Acceptance Life Insurance.

+ Frequently Asked Questions

  • What is a unit?
  • 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. 

  • Do I have to answer any medical questions?
  • You don't have to answer any questions about your health or take a physical exam. Your acceptance is guaranteed!

  • Is there a waiting period before the full benefit takes effect?
  • Acceptance can be guaranteed because of a limited benefit period for death during the first two years. In most states (except AR) the full benefit is paid from the very first day of coverage for accidental death.

  • Will my rates go up every year?
  • 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.

  • As I get older, will my benefits be reduced?
  • No. After your coverage begins, your benefit will not decrease as you grow older or if your health changes.

  • Will my coverage be cancelled just because I get older?
  • Absolutely not. Your coverage can stay in force as long as you pay your premiums when due.

  • Does this plan pay benefits even if I have other insurance?
  • Yes. This plan will pay benefits directly to your beneficiary in addition to any other insurance you might have.

  • Can I save money by paying annually?
  • 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.

  • What if I apply for coverage, but change my mind later?
  • 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.

  • Can I call for customer service?
  • 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.

  • Does it pay to act now?
  • 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.

  • What type of payment options do you offer?
  • When you apply online for coverage you can select:

    • Direct Bill - we'll send you a bill with your policy, and then continue to bill you monthly or annually, depending on the frequency you select. If you change your mind later, you can switch to the billing method that's most convenient for you.
    • Automatic Bank Account Deduction (EFT) – For your initial payment, we’ll send you a bill with your policy. For future payments, we’ll automatically draft your bank account. Your check from your initial payment will give us the bank information we need – so you won’t need to provide your bank info when you apply online.
    • Credit Card – we accept Visa, MasterCard and Discover. Sorry, credit card billing is not available in Pennsylvania for this plan.

  • Can I take a loan against the cash value of my Guaranteed Acceptance 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.

  • Do you offer online Customer Service?
  • Yes! Customers can register at 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.

Instant Quote

Click here for complete details on benefits, costs, limitations and exclusions in your state.

Need help or still have a few questions? Call us at 1-877-877-8052

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If you are not completely satisfied with this coverage, you may cancel at any time within the 30-Day Money-Back Guarantee and receive a full refund.

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The Colonial Penn® Program | 399 Market Street | Philadelphia, PA 19106