Colonial Penn Rate Lock
Your benefit is based on your gender and age when your coverage takes effect.
Colonial penn rate lock. Help secure peace of mind with options starting at 9 95 a month. However colonial penn advertises this benefit as if it s exclusive to only them. Colonial penn offers a guaranteed rate lock or fixed premiums for the life of the policy. But here s the thing they advertise this as some unique and special benefit that only colonial penn can provide.
When using the colonial penn rate chart just remember it calculates premiums for death benefits in units that are 9 95 each and equal up to 1 333. Colonial penn s rate lock refers to the fact that your monthly premium will always stay the same if you buy one of their whole life policies. Colonial penn s rate lock is a benefit in which your monthly premium will never increase in price if you purchase one of their whole life insurance policies. Lock in lifetime coverage today options start at 9 95 a month.
Policies that are 9 95 per month or start at 9 95 per month policies are rate lock guaranteed policies that are guaranteed issue. Unlike other companies such as aarp where the premiums increase every five years colonial penn locks in your rate. Colonial penn life insurance premium payments. When you see a colonial penn commercial three things are constant.
Colonial penn tv commercial rate lock guaranteed featuring alex trebek alex trebek invites you to call colonial penn for your free information kit and guide to security. Beyond not being turned down due to your health for coverage they tout other highlights about their offering. The colonial penn rate lock ensures premiums won t go up. You can pay your colonial penn life insurance rates in one of these ways.
He goes on to explain that your colonial penn monthly premium will never change with their whole life policy. Colonial penn are a bunch of admin edit and liars they re great when you don t have any contact with them for years while they re taking money out of your bank account years but it s a whole different ball came when you try to cancel your policy and get the money they owe you and stop them from taking money out of your bank account they say they sent the paper to close the acct to. The truth is that every whole life insurance policy will always provide a rate lock. If you ve seen colonial penn s commercials then you may have gotten excited when alex trebek mentioned their rate lock.
The colonial penn rate lock if you have watched the alex trebek endorsed ads at night you have likely heard about features that might sound wonderful and very unique to life insurance.