These guaranteed plans are a form of permanent life insurance protection which they offer for people ages 50 to 85 to help pay for their final expenses, including the cost of a funeral and burial; as well as, related expenses.
With Colonial Penn, if you meet the age requirement for acceptance, you cannot be turned down for coverage due to any -pre-exisitng health problem.
As long as you meet the age requirement and live in a state where Colonial Penn is licensed to do business and offers the plan, you can get insured.
Some of Colonial Penn's competitors for senior life insurance plans include Globe Life, MetLife, United of Omaha, Gerber Life, and AIG, among others.
Keep in mind, guaranteed issue life insurance policies usually have limited death benefits the first 2-3 years you are insured by the policy.
Here's how to learn more about Colonial Penn.