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Colonial Penn, which began as an insurance provider through AARP focused on people over 65, [1] now has a marketing campaign that is aimed at people between the age of 50 and 85, specializing in “guaranteed acceptance whole life insurance“ and to help their families cover funeral costs after the individual dies. The company's name comes ...
Colonial Penn. Colonial Penn sells only life insurance, including a guaranteed acceptance life policy that can be used for burial costs. There are no medical exams or health questions to answer to ...
Prices vary among plans and depend on several factors, such as an applicant’s age and health. ... Colonial Penn Life Insurance Company is a life insurance company based in Philadelphia ...
CNO Financial Group is the parent company of seven insurance companies, including Bankers Life and Casualty Company and Colonial Penn Life Insurance Company. [5] They also own 40/86 Advisors, an investment management company and Washington National Insurance Company.
The LDI was established in 1967, enabled by the support of Leonard Davis and his wife, Sophie Davis. Leonard Davis was one of the innovators in private health insurance. As the founder of Colonial Penn, Mr. Davis pioneered insurance plans for the elderly.
Permanent life insurance policies, like whole life and universal life, have long coverage periods (typically to ages 95 to 121) but may still lapse if your premium isn’t paid or the policy doesn ...
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