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  1. The Colonial Penn® Program is underwritten in most states by and is a registered trademark licensed by Colonial Penn Life Insurance Co, Philadelphia, PA. For policies issued in NY, the Colonial Penn® Program is underwritten by and is a registered trademark licensed by Bankers Conseco Life Insurance Co, Jericho, NY.

  2. Apr 18, 2024 · Colonial Penn offers whole life insurance to those ages 50 to 75 (or 50 to 73 for men and 50 to 75 for women in New York). Coverage amounts range from $5,000 to $25,000. The application asks ...

  3. About Colonial Penn. For over 60 years, Colonial Penn has specialized in offering life insurance directly to consumers. Through the mail, TV, our call center and the web, we focus on providing life insurance protection for folks like you and your loved ones. Colonial Penn was a pioneer in designing insurance products to meet the needs of the ...

  4. Feb 22, 2024 · Colonial Penn Life Insurance Company Life Claims Department PO Box 1918 Carmel, IN 46082-1918. If you are a New York resident, mail the documents to: Bankers Conseco Life Insurance Company

  5. Jul 26, 2023 · Colonial Penn serves as a good option for anyone struggling to get approved for affordable coverage from other life insurance companies. This is especially true for those over the age of 50. Flexible rates. Colonial Penn offers an opportunity to lock in a fixed rate for your life insurance policy in five-year increments.

  6. Apr 19, 2024 · Colonial Penn vs. State Farm. While Colonial Penn does not offer term life insurance, State Farm won a 2024 Bankrate Award for the Best Term Life Insurer and Best Universal Life Insurer. The ...

  7. Apr 17, 2024 · For a 50-year-old man, rates for term life insurance from Colonial Penn can range from $13 to $57 per month. Guaranteed acceptance policies ran between $10 and $80 per month, while whole life insurance was the most expensive at $30 to $133. Ultimately, the cost of your life insurance will depend on your age, gender and the amount of coverage ...

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