{"id":355738,"date":"2025-11-07T18:37:55","date_gmt":"2025-11-07T23:37:55","guid":{"rendered":"https:\/\/www.reviews.com\/?page_id=355738"},"modified":"2025-11-12T14:04:56","modified_gmt":"2025-11-12T19:04:56","slug":"colonial-penn-review","status":"publish","type":"page","link":"https:\/\/www.reviews.com\/insurance\/life\/colonial-penn-review\/","title":{"rendered":"Colonial Penn Insurance Review 2025"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Reviews Report<\/h3>\n\n\n\n<ul class=\"is-style-blog-list\">\n<li>Colonial Penn sells three direct-to-consumer life insurance policies: <a href=\"https:\/\/www.colonialpenn.com\">Guaranteed Acceptance Whole Life<\/a> (priced in fixed \u201cunits,\u201d widely advertised at $9.95 per unit, with a two-year limited benefit for non-accidental death), <a href=\"https:\/\/www.colonialpenn.com\">Simplified-Issue Whole Life<\/a>, and <a href=\"https:\/\/www.colonialpenn.com\">Renewable Term Life<\/a> (renewable annually up to age 90 in many states).<\/li>\n\n\n\n<li>Shopping and service are primarily direct-response: you can get quotes and start applications on <a href=\"https:\/\/www.colonialpenn.com\/\">colonialpenn.com<\/a>, and reach service via phone and mail on the <a href=\"https:\/\/www.colonialpenn.com\/contact-us\">Contact Us<\/a> page; you can also review complaint data for Colonial Penn Life Insurance Company (NAIC #73504) on the <a href=\"https:\/\/eapps.naic.org\">NAIC Consumer Information Source<\/a>.<\/li>\n\n\n\n<li>No medical exam is required for current offerings: guaranteed acceptance has no health questions; the whole life and term products use health questionnaires (no exam in most cases). Eligibility ages, face amount limits, and any living benefits vary by state.<\/li>\n<\/ul>\n\n\n\n<p>Colonial Penn, <a href=\"https:\/\/www.colonialpenn.com\/about-us\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener nofollow\" class=\"achor-toggles\">owned by CNO Financial Group<\/a>, focuses on simple life insurance sold directly to consumers, especially older adults. The brand\u2019s current lineup\u2014guaranteed acceptance whole life, simplified-issue whole life, and renewable term\u2014remains consistent with recent <a href=\"https:\/\/www.cnoinc.com\">CNO Financial<\/a> disclosures describing Colonial Penn as a senior-leaning, direct-response life writer. Customers can buy coverage online, by phone, or by mail, and enterprise values around inclusion, integrity, customer focus, and operational excellence are outlined in CNO\u2019s <a href=\"https:\/\/www.cnoinc.com\">sustainability<\/a> and <a href=\"https:\/\/www.cnoinc.com\">DE&amp;I<\/a> materials. Reviews.com\u2019s research may help you decide if Colonial Penn insurance is the <a class=\"achor-toggles\" href=\"https:\/\/www.reviews.com\/insurance\/life\/best\/\">best life insurance company<\/a> for your needs.<\/p>\n\n\n            <span class=\"b-toc-anchor\" id=\"overview\" title=\"Overview\"><\/span>\n    \n\n\n<h2 class=\"wp-block-heading\">Colonial Penn Insurance Overview<\/h2>\n\n\n\n<figure class=\"wp-block-table table table-striped table-bordered table--bordered-top\"><table><tbody><tr><td><br><\/td><td><strong>Life insurance<\/strong><\/td><\/tr><tr><td><strong>J.D. Power Customer Satisfaction Score*<\/strong><\/td><td>Not rated in the J.D. Power U.S. Individual Life Insurance Study (J.D. Power does not issue a single company\u2011wide score across industries)<\/td><\/tr><tr><td><strong>AM Best Financial Strength<\/strong><\/td><td>A (Excellent), outlook Stable \u2014 Colonial Penn Life Insurance Company (per <a href=\"https:\/\/ratings.ambest.com\/\">AM Best<\/a>)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>*J.D. Power publishes separate studies by industry and does not maintain one universal \u201ccustomer satisfaction score.\u201d Colonial Penn is not a ranked carrier in J.D. Power\u2019s <a href=\"https:\/\/www.jdpower.com\/business\/press-releases\/2025-us-individual-life-insurance-study\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener nofollow\" class=\"achor-toggles\">U.S. Individual Life Insurance Study<\/a>.<\/em><\/p>\n\n\n            <span class=\"b-toc-anchor\" id=\"life-insurance\" title=\"Colonial Penn Life Insurance\"><\/span>\n    \n\n\n<h2 class=\"wp-block-heading\">Colonial Penn Life Insurance<\/h2>\n\n\n\n<p>Colonial Penn life insurance comes in three forms: <a class=\"achor-toggles\" href=\"https:\/\/www.reviews.com\/insurance\/life\/what-is-whole-life\/\">whole life<\/a> (simplified issue), guaranteed acceptance whole life, and <a class=\"achor-toggles\" href=\"https:\/\/www.reviews.com\/insurance\/life\/what-is-term-life\/\">term life insurance<\/a> that is renewable in one-year increments up to age 90 in many states. The company does not offer universal life insurance. Face amount limits are generally modest compared with broker-sold policies, and specific eligibility ages, state availability, and any \u201cliving benefits\u201d riders vary by state. See product details: <a href=\"https:\/\/www.colonialpenn.com\">Guaranteed Acceptance WL<\/a>, <a href=\"https:\/\/www.colonialpenn.com\">Whole Life<\/a>, and <a href=\"https:\/\/www.colonialpenn.com\">Renewable Term<\/a>.<\/p>\n\n\n\n<p>Guaranteed Acceptance Whole Life has no medical exam and no health questions. It uses fixed-price \u201cunits\u201d (widely advertised at $9.95 per unit), where the coverage per unit depends on your age and sex and generally declines as age increases; many buyers purchase multiple units to reach a desired benefit. This policy includes a two\u2011year limited (graded) death benefit for non\u2011accidental death; accidental death is typically covered in full immediately. It is commonly marketed to ages 50\u201385, though eligibility and features vary by state (<a href=\"https:\/\/www.colonialpenn.com\">details<\/a>).<\/p>\n\n\n\n<p>Simplified-Issue Whole Life and Renewable Term both typically use health questionnaires with no medical exam in most cases. Whole life offers level premiums and lifetime coverage, with higher\u2014but still modest\u2014face amounts than guaranteed acceptance (often up to around $50,000, subject to underwriting and state limits), and may include optional accelerated benefit (\u201cliving benefits\u201d) riders in some states. Renewable Term provides term coverage with premiums that generally increase at each renewal as you age and is renewable up to age 90 in many states; face amounts are modest (often topping out around $50,000, depending on underwriting and state). See product pages for state-specific eligibility ranges and rider availability (<a href=\"https:\/\/www.colonialpenn.com\">whole life<\/a>; <a href=\"https:\/\/www.colonialpenn.com\">term life<\/a>).<\/p>\n\n\n\n<p><strong>Strengths: <\/strong>Direct-to-consumer access with online quotes\/application start; three simplified products (including renewable term to age 90 in many states); no medical exams; guaranteed acceptance option (two\u2011year graded benefit) for ages commonly 50\u201385; optional living benefits on non\u2011guaranteed\u2011acceptance policies in some states; supported by AM Best Financial Strength Rating of A (Excellent) for Colonial Penn Life Insurance Company (<a href=\"https:\/\/ratings.ambest.com\/\">source<\/a>).<\/p>\n\n\n\n<p><strong>Restrictions: <\/strong>Small to modest face amounts (often up to about $50,000 on simplified\u2011issue products); guaranteed acceptance has a two\u2011year limited benefit for non\u2011accidental death and uses unit pricing where per\u2011unit coverage can be relatively small; premiums on renewable term increase at renewal as you age; rider availability and eligibility ages vary by state; policies are sold directly (no local agents). For service, Colonial Penn lists phone and mail options on its <a href=\"https:\/\/www.colonialpenn.com\/contact-us\">Contact Us<\/a> page, and consumers can review complaint data via the <a href=\"https:\/\/eapps.naic.org\">NAIC Consumer Information Source<\/a>.<\/p>\n\n\n            <span class=\"b-toc-anchor\" id=\"faqs\" title=\"Frequently Asked Questions\"><\/span>\n    \n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n<div id=\"block_629e2a49ae63f\" class=\"block b-accordion\" data-js=\"b-accordion\">\n    <div class=\"b-accordion__container\">\n        <div class=\"b-accordion__header\">\n            <a href=\"#\" class=\"b-accordion__title\" data-tag='cta' data-tag-element-type='LINK' data-tag-location='ACCORDION' data-tag-outcome='INTERNALLINK' ><h3 class=\"b-accordion__title--h3\">Is Colonial Penn whole or term life?<\/h3><\/a>\n            <span class=\"b-accordion__toggle chevron-arrow-down\"><\/span>\n        <\/div>\n        <div class=\"b-accordion__content\" style=\"display: none;\">\n            <p>Colonial Penn offers both: Guaranteed Acceptance Whole Life (no health questions; two-year limited benefit for non-accidental death), Simplified-Issue Whole Life (health questions, no exam in most cases), and Renewable Term Life that is generally renewable annually up to age 90 in many states. Features, eligibility ages, and rider availability vary by state.<\/p>\n\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_629e2a5aae640\" class=\"block b-accordion\" data-js=\"b-accordion\">\n    <div class=\"b-accordion__container\">\n        <div class=\"b-accordion__header\">\n            <a href=\"#\" class=\"b-accordion__title\" data-tag='cta' data-tag-element-type='LINK' data-tag-location='ACCORDION' data-tag-outcome='INTERNALLINK' ><h3 class=\"b-accordion__title--h3\">How do I get Colonial Penn life insurance?<\/h3><\/a>\n            <span class=\"b-accordion__toggle chevron-arrow-down\"><\/span>\n        <\/div>\n        <div class=\"b-accordion__content\" style=\"display: none;\">\n            <p>You can start online to get a quote and begin an application, call 877-877-8052 to speak with a representative, or buy by mail. Colonial Penn sells direct-to-consumer (no walk-in local agents). Online capabilities and state-specific options vary by product; service and claims are commonly initiated by phone or mail as listed on the Contact Us page.<\/p>\n\n        <\/div>\n    <\/div>\n<\/div>\n\n\n\n<div id=\"block_629e2a6bae641\" class=\"block b-accordion\" data-js=\"b-accordion\">\n    <div class=\"b-accordion__container\">\n        <div class=\"b-accordion__header\">\n            <a href=\"#\" class=\"b-accordion__title\" data-tag='cta' data-tag-element-type='LINK' data-tag-location='ACCORDION' data-tag-outcome='INTERNALLINK' ><h3 class=\"b-accordion__title--h3\">Is Colonial Penn life insurance good?<\/h3><\/a>\n            <span class=\"b-accordion__toggle chevron-arrow-down\"><\/span>\n        <\/div>\n        <div class=\"b-accordion__content\" style=\"display: none;\">\n            <p>It depends on your needs. Colonial Penn is a fit if you want direct-to-consumer buying, no medical exams, and small to modest coverage\u2014especially if you need guaranteed acceptance (with a two-year limited benefit). It is less suitable if you need larger face amounts or universal life. Note that the term policy renews annually (premiums generally rise as you age), guaranteed acceptance uses unit pricing with relatively small per-unit benefits, and riders\/eligibility vary by state.<\/p>\n\n        <\/div>\n    <\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Reviews Report Colonial Penn, owned by CNO Financial Group, focuses on simple life insurance sold directly to consumers, especially older adults. The brand\u2019s current lineup\u2014guaranteed acceptance whole life, simplified-issue whole life, and renewable term\u2014remains consistent with recent CNO Financial disclosures describing Colonial Penn as a senior-leaning, direct-response life writer. Customers can buy coverage online, by [&hellip;]<\/p>\n","protected":false},"author":345,"featured_media":355750,"parent":1766,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-refresh-spr.php","meta":[],"categories":[1270],"tags":[],"post_author":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Colonial Penn Insurance Review 2025 | Reviews<\/title>\n<meta name=\"description\" content=\"With over 60 years of experience in the industry, Colonial Penn has found its way onto the map providing life insurance products direct to consumers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.reviews.com\/insurance\/life\/colonial-penn-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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