Colonial Penn offers a special life insurance program for seniors where you can get guaranteed approval for your life insurance coverage if you meet their age requirements.
I believe Colonial Penn offers a guaranteed acceptance plan where people ages 50 to 85 cannot be turned down due to health, there's no medical exam.
Your rate remains the same and doesn't increase as long as you have the life insurance coverage.
However, there is a limited death benefit the first 2 years you are insured.
That's why it's a good idea to compare this plan with other no exam life insurance plans available.
For instance, Globe Life offers people ages 18 to 78 up to $30,000 of simplified life insurance without an exam, just a few Yes/No health questions. You can start your life insurance coverage for just $1.
Compare Globe Life vs Colonial Penn today.