Whole Life - ColonialPenn
Let your love live on.
Help protect and provide for your loved ones after you're gone. Up to $50,000 in whole life insurance coverage.
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Permanent Whole Life Insurance
This plan offers the security of lifetime coverage. This permanent protection doesn’t require medical exams. Answers to questions on your application will help us determine your eligibility. Your coverage won’t decrease as you age, and your rate is locked in for life.
AT A GLANCE
(Ages 40-75)
With Our Permanent Whole Life plan, your premium is locked in for life. Your rate will never go up.
MORE DETAILS
Age & State Availability
Ages 40 – 75. Available in all states except New York and the Virgin islands.
Medical Exam Requirements
Answers to the questions on the application 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 Life Insurance 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 Montana, 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.

Added protection for your family
Coverage that benefits your loved ones

Apply quickly and easily online.
Finish the process in a few simple steps.

30 Day Try-It-On Period
Cancel Your Plan for a Full Refund
Features of the Insurance Policy
Do you offer online customer service?
No Medical Exams
Answers to the questions on the application 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.
Locked-in Premium & Benefit Amount
Your premium is based on gender and age (in Montana, age only) when coverage takes effect. Your rate will not change for the life of the policy. Benefit amounts are available in increments up to $50,000.
Flexible Payment Options
Enjoy the flexibility to pay premiums monthly, quarterly, semi-annually, or annually.
Cash Value
This plan begins to build cash value after the first year of coverage. You can borrow against it at a guaranteed rate.
Frequently Asked Questions
Whole life insurance offers permanent, lifetime coverage. Your premiums do not increase over time, and your coverage begins to build cash value after the first year. You can borrow against this cash value by taking a policy loan. For people who want permanent protection, whole life insurance can be a good choice.
It’s easy to apply online. Get a quote and click ‘APPLY’ for the coverage you wish to apply for. You will then be directed to a secure webpage where you’ll provide your personal information, select your beneficiary(s), answer a few health questions, and select a billing method. After you submit your information, you will be able to print a copy of your signed application for your records.
If you prefer to apply through the mail, you can request information in the mail (link to information request page) or download and print (link to download) an application and mail it to us.