Colonial Penn Insights

Is Life Insurance Taxable?

July 17, 2024October 7, 2024

11 mins read

Is life insurance taxable? Not usually, but certain conditions may cause the death benefit or other policy aspects to become taxable. Here’s what to know.

Using Life Insurance to Build Wealth

By Daniel Kurt

July 11, 2024October 7, 2024

17 mins read

Using life insurance to build wealth can enable you to meet your financial goals. Here’s what to know about the available options and opportunities.

6 Airline Travel Tips for Seniors

By Sarah Heckle

July 9, 2024October 8, 2024

11 mins read

Travel season is in full swing! Are you preparing to visit somewhere fabulous? Planning an itinerary, making reservations and packing […]

Understanding Collateral Assignment of Life Insurance

By Brandon Renfro

July 4, 2024October 7, 2024

12 mins read

Collateral assignment of life insurance occurs when you use a life insurance policy to secure a loan. Here’s what you need to know.

UV Safety at Home: 5 Indoor Precautions to Take

By Sarah Heckle

July 2, 2024October 30, 2025

8 mins read

When you think sun safety, applying sunscreen before heading outside might come to mind. But did you know there are […]

How Much Life Insurance Should I Have?

By Liz Froment

June 28, 2024October 7, 2024

14 mins read

When shopping for coverage, you might wonder: how much life insurance should I have? There’s no one-size-fits-all answer; here’s how to figure it out.

30 Days of Heart Health Activities to Help You Thrive!

By Sarah Heckle

June 26, 2024October 30, 2025

6 mins read

Here at Colonial Penn, we see firsthand the impact cardiovascular diseases have on individuals and communities. That’s why we’re proud […]

How to Buy Life Insurance in 8 Steps

By Liz Froment

June 20, 2024June 26, 2025

5 mins read

Learning how to buy life insurance doesn’t have to be complicated. Follow these eight steps to find and purchase the right policy for you.

Understanding the Accelerated Death Benefit

By Brandon Renfro

June 18, 2024October 8, 2024

9 mins read

An accelerated death benefit rider allows you to receive a payout from your life insurance policy while living if you meet certain conditions. Learn more.

Are Life Insurance Premiums Tax Deductible?

By Sonya Stinson

June 12, 2024June 11, 2025

8 mins read

Contributions to individual retirement and health savings accounts are tax deductible, so you may wonder: is life insurance tax deductible? Here’s more.