The Right Choice - ColonialPenn
Make the right choice. For all the right reasons.
Find the best fit for you and your loved ones.
We want you to be sure you’re confident in your decision. To make things easier, we break down our plans to help you better understand your coverage options.
Guaranteed Acceptance Life Insurance
(Ages 50-85 in most states) With Guaranteed Acceptance, you don’t need to be in perfect health to get coverage. This is permanent, whole life insurance with no health questions asked and no physicals required.
Permanent Whole Life Insurance
(Ages 40-75) With our Permanent Whole Life plan your premium is locked in for life. Your rate will never go up.
Renewable Term Life Insurance
(Ages 18-75) For adults of all ages, Renewable Term Life is guaranteed renewable up to age 90. Your rate is based on gender and age when coverage takes effect. Rates increase as you enter a new age band.
Age & State Availability
Ages 50-85 in most states
Ages 40-75. Available in all states except Maine, New York and Vermont.
Ages 18-75. Available in all states except Maine, Montana, New York and Vermont.
Medical Exam Requirements
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.
Answers to the questions on the application/enrollment form will help us determine your eligibility. This is permanent, whole life insurance with no medical exam required. An underwriter may contact you by phone for more information.
Answers to the questions on the enrollment form will help us determine your eligibility. This is term life insurance with no medical exam required. An underwriter may contact you by phone for more information.
Length of Coverage
Lifetime
Lifetime
Renewable to age 90
Maximum Benefit
Varies
$50,000
$50,000
Cash Value
Begins to build cash value after the first year of coverage which you can borrow against at a guaranteed rate.
Begins to build cash value after the first year of coverage which you can borrow against at a guaranteed rate.
Depending on how long you've had your coverage, cash value may be available to borrow against at a guaranteed interest rate.
Premium Rates
Premium is based on gender and age (in MT, age only) when coverage takes effect. Rate will not change for the life of the policy.
Premium is based on gender and age (in MT, age only) when coverage takes effect. Rate will not change for the life of the policy.
Initial premium is based on your gender and age when coverage takes effect. Rates increase as you enter a new age band.
Flexible Payment Options
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Age & State Availability
Ages 50-85 in most states
Medical Exam Requirements
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.
Length of Coverage
Lifetime
Maximum Benefit
Varies
Cash Value
Begins to build cash value after the first year of coverage which you can borrow against at a guaranteed rate.
Premium Rates
Premium is based on gender and age (in MT, age only) when coverage takes effect. Rate will not change for the life of the policy.
Flexible Payment Options
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Age & State Availability
Ages 40-75. Available in all states except Maine, New York and Vermont.
Medical Exam Requirements
Answers to the questions on the application/enrollment form will help us determine your eligibility. This is permanent, whole life insurance with no medical exam required. An underwriter may contact you by phone for more information.
Length of Coverage
Lifetime
Maximum Benefit
$50,000
Cash Value
Begins to build cash value after the first year of coverage which you can borrow against at a guaranteed rate.
Premium Rates
Premium is based on gender and age (in MT, age only) when coverage takes effect. Rate will not change for the life of the policy.
Flexible Payment Options
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Age & State Avilability
Ages 18-75. Available in all states except Maine, Montana, New York and Vermont.
Medical Exam Requirements
Answers to the questions on the enrollment form will help us determine your eligibility. This is term life insurance with no medical exam required. An underwriter may contact you by phone for more information.
Length of Coverage
Renewable to age 90
Maximum Benefit
$50,000
Cash Value
Depending on how long you've had your coverage, cash value may be available to borrow against at a guaranteed interest rate.
Premium Rates
Initial premium is based on your gender and age when coverage takes effect. Rates increase as you enter a new age band.
Flexible Payment Options
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
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.
Over 60 years of personal protection.
When you choose Colonial Penn, you are choosing peace of mind, for the future.
