When you search for life insurance, it is easier for you to go for a no exam life insurance. And big names like Colonial Penn spend millions in marketing this strategy to offer full life insurance with the same policy without any medical examination. Thus, it is a real boon for aging customers to get swayed by these amazing offers. And, you have a myriad of insurance policy plans that render amazing coverage as per your preference, need and requirement.
Being a leading life insurance company of the USA, Colonial Penn Life Insurance renders guaranteed acceptance of life insurance with high premiums and no medical exams. The best thing about the policies from this company is that your rate gets locked for any number of years you take the policy. Majorly, the company aims at offering life insurance coverage for senior citizens and elderly people with families. All you need to do is go through the Colonial Penn rate chart before finalizing your policy and go for it. It offers round the family security and gives the privilege of insurance coverage to every member of the family.
The policy and Colonial Penn rate chart majorly depend on the age, gender and location of the person. The elder you are, the more premium you will be charged annually. The company advertises unique and special benefits to its policy holders. As a matter of fact, every single full life insurance policy will feature a rate lock and it will be for the whole life insurance. No matter whom you purchase a policy from, the monthly policy remains static.
Some of the benefits of Colonial Penn Insurance Policies are:
- Premium rates will never rise for any reason
- Death benefits will never fall or decrease for any reason.
- Coverage will never expire no matter what your age is.
- You can have a cash value which you can borrow from.
- It has fixed monthly rates all through the life of the policy.
- The policy will never expire at any age.
- Coverage will get into full effect once you qualify.
A lot of folks do not qualify for insurance policies because of the health questions inquired. This leads to a number of waiting period and time lapse. But with Colonial Penn Insurance Policy, it will just take seconds to fill the application form and file for the policy, either offline or online. You need no tests or medical exams or discussion. Just look up for the most suitable insurance policy for yourself check out the Colonial Penn rate chart and go for it. Though the premiums are a little high, but they certainly cover people from age group of 50 to 85. So, you do have a good acceptance policy here.
Honestly, you should definitely consider Colonial Penn insurance policy if you are getting the right coverage at the right rate. Sometimes they offer relatively good prices in comparison to their competitors. So avail the offer and get full coverage all your life.