Life Insurance Plans Starting at $9.95 a Month
With Colonial Penn’s $9.95 life insurance, you can get no medical exam life insurance with options starting at $9.95 a month.
$9.95 Insurance
For less than 35 cents a day, help ease the burden of final expenses with $9.95 insurance. Get Guaranteed Acceptance Life Insurance with locked-in premiums starting at $9.95 a month.
No medical exam, health questions or physical.
Flexible payment options, such as monthly or yearly.
Premiums never increase and benefits never decrease.
Lifetime coverage if you pay your premiums.
3 Simple Steps to Apply
Step 1:
Get a quote to see benefit amounts and premiums available to you.
Step 2:
Complete our simple application
in just minutes.
Step 3:
Get covered with guaranteed acceptance.
It’s that easy!
Why Choose Colonial Penn?
No Medical Exam
No health questions asked.
Limited benefit for the first two years.
Simplicity
Get $9.95 life insurance in just a few simple steps.
30-Day Try-It-On Period
Cancel for a full refund if you decide it isn’t right for you.
Frequently Asked Questions
What is a unit of life insurance coverage?
A unit of coverage corresponds to the life insurance benefit amount you can purchase. It depends on age, gender (in Montana, age only) and state. Please get a quote to see benefit amounts and premiums available to you for up to 15 units of coverage.
Do I have to answer any medical questions or take a physical?
You don’t have to answer any questions about your health or take a physical exam to qualify for this $9.95 life insurance. Your acceptance is guaranteed!
As I get older, will my $9.95 life insurance benefits be reduced?
No. After your life insurance coverage begins, your benefit will not decrease as you grow older or if your health changes. Acceptance is guaranteed because of a limited benefit for death during the first two years.
Will my premiums go up every year as I get older?
Once your coverage takes effect, your rate will stay the same as long as you keep your life insurance. Locked-in premium rates start at $9.95 a month!
Will my $9.95 insurance be canceled as I age or my health changes?
Absolutely not. Your coverage can stay in force as long as you pay your premiums when due.
Can I take a loan against the cash value of my $9.95 life insurance?
Yes. If your coverage is in force and has a cash value, you may obtain a loan on it. The interest rate is 8% compounded annually. Any loan amount and interest that has not been repaid at the time of death is deducted from the death benefit.
Does this plan pay benefits even if I have other insurance?
Yes. Your life insurance plan will pay benefits directly to your beneficiary or beneficiaries in addition to any other insurance you might have.
Get a Quick Insurance Quote Now!
It only takes a few minutes to get started. Select your state, answer a few questions, and see which plans fit your needs.