The Senior Rate Registry Verdict

1.5/5.0

Colonial Penn uses a 'Unit Pricing' model where the price stays fixed but your death benefit drops as you age. It is rarely the best deal for healthy seniors.

The "Unit Pricing" Trap

Unlike state-regulated plans that lock in your coverage, Colonial Penn often uses unit pricing. This means your coverage amount decreases as you age.

Comparison Table

Feature Colonial Penn State Regulated Plans
Waiting Period 2 Years None (Day 1 Coverage)
Coverage Amount Decreases with age Locked for Life
Medical Exam None None

See Better Options in Your State

Don't settle for shrinking coverage. Check the regulated rates.

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