Colonial Penn is well known for having grown its success out of extensive television and print ad campaigns, and was one of the first life insurers in the United States to offer no medical or simplified life insurance products.
Colonial Penn specializes in providing life insurance products to individuals over the age of 50, and offers a comprehensive line of products to this demographic.
Here is an overview of plans offered by Colonial Penn:
5-Year Renewable Term Life Insurance - Coverage amounts up to $25,000 with no medical exam needed to qualify. Available for ages 18 to 75, and renewable to age 80.
20 Year Term Life Insurance - Fixed premium insurance for 20 years, with coverage up to $25,000. For individuals ages 18 to 77.
LifeChoice Whole Life Insurance - A lifetime insurance policy that builds cash value after the policy's first anniversary. Available for individuals up to the age of 75.
Guaranteed Acceptance Whole Life Insurance - No medical exams or health questions are needed. Qualification may depend your location. Available for individuals age 50 to 85.
Please compare this institution to the rest of the Canadian market to ensure you’re getting the best possible conditions on your life insurance coverage.
- Compare rates from top Canadian providers
- Insurance products to suit every need
- Experienced advisors across Canada
- No medical insurance plans
- Products available for ages 0-85
- Compare rates from top Canadian providers
- Insurance products to suit every need
- Experienced advisors across Canada
- No medical insurance plans
- Products available for ages 0-85