Colonial Life Insurance 995 Plan
Colonial Life Insurance 995 Plan. Life insurance can help you plan for the future protect the people who matter most. Generally known as the $9.95 plan or 995 plan, colonial penn’s entire life assured burial insurance coverage protection plan could be very in style.
We're here for our employees, clients and customers. Most commonly, through tv on a colonial penn commercial, they advertise to seniors that stay up late. The unit premium never changes, and they sell between one and eight units.
Your Benefit Is Based On Your Gender And Age When Your Coverage Takes Effect.
This article will take a look at reviews for the colonial penn life insurance 995 plan. Colonial penn life insurance is widely known for their 995 plan guaranteed acceptance for seniors. You do need to prequalify for this policy to be approved, but there is no medical exam required.
Ultimately, Your Own Quotes Will Depend On Your Age, Gender And The Amount Of Coverage You Select.
The unit premium never changes, and they sell between one and eight units. Beginning at age 40, you can buy colonial penn’s whole life policy. So, in 1968, colonial penn came on the scene.
Approval Is Guaranteed And Coverage Is For Life.
This is because the older the applicant is, the lower the amount of coverage they can obtain. Their type of life insurance consists of a guarantee issue product that has no health questions. This is a confusing way to do business and can leave applicants frustrated.
The Plan Starts At $9.95 Per Month And Offers Whole Life Insurance Coverage With A Lifetime Rate Guarantee.
The price starts at $9.95/mo, but that may not cover your personal burial needs. However, if you get two units, the total is only $15.53 monthly therefore cost per unit lowers to $7.76 per month, or $3.88 per $1,000 of benefit (this is for female, age 50). Colonial penn is currently the largest provider of burial insurance in the u.s.
We're Here For Our Employees, Clients And Customers.
How much life insurance can you get for $9.95 a month. Guaranteed acceptance, whole, and term life policies. Known as the $9.95 plan or 995 plan, colonial penn’s whole life guaranteed burial insurance coverage plan is very popular.