Benefits can be complex — and we’re here to help. During our 1-to-1 benefits counseling sessions we review your benefits options to make sure you’re covered the way you should be for life’s unexpected moments. We’ll give you personalized recommendations and answer any of your questions so you can make the best decisions for you and ... Coverage amounts for Colonial Penn’s permanent whole life insurance are $10,000, $20,000, $30,000, $40,000 and $50,000. The policy starts to build cash value …With this plan, you can receive a coverage maximum of $50,000, and it is available to anyone between the ages of 18 and 75. What do you get for $9.95 a month from Colonial Penn? A unit of Colonial Penn coverage corresponds to the life insurance benefit amount you receive for $9.95 per month.The $9.95 life insurance plan applies to Colonial Penn’s Guaranteed Acceptance and is the cost per unit of life insurance coverage. You can purchase up to 15 total units, with every single unit costing $9.95 per month. For example, if you were to purchase all 15 units of Colonial Penn coverage, the total monthly cost would be $149.25. used cars asheville nc under dollar5 000cute black boots Dec 3, 2022 · For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258 Colonialpenn - Maintenance We make life insurance simple, affordable and easy to apply! We're sorry for the inconvenience, but our site is currently offline for maintenance... For more information, please call 1-877-877-8052 New York Residents, please call 1-877-891-0915 Para obtenar más información, por favor llame al 1-877-268-5247The Colonial Penn 995 Plan is a life insurance policy for people between the ages of 50 – 85. FAQs in Relation to Colonial Penn 995 Plan. Here, we will cover frequently asked questions about Colonial Penn’s 995 Plan and their important answers. What does Colonial Penn give you for $9.95 a month? It depends on your age and gender. For $9.95 ...For a 68 year-old-male, 1 unit at $9.95 a month qualifies you for a total of $792 in life insurance coverage. Yes, $792 per $9.95 each month for one unit. ... This means the maximum a 68-year-old male can purchase is $9,504 in life insurance coverage with a monthly premium of $119.40. Colonial Penn Life Insurance Review 36 related questions foundColonial Penn guaranteed acceptance program The minimum value of a unit of coverage is approximately $400 and the maximum is approximately $2,100, meaning the maximum death benefit you can select is around $16,800. For example, say one unit of coverage provides a $1,621 death benefit for a 60-year-old woman. megnutt por.marching snare drum Notably, an average healthy policyholder would pay approximately $11.02 for comparable coverage. Smokers spend nearly $18.95 per month for a 20-year policy, while those in poor health pay roughly $9.90 per month. The monthly premium for the same term is around $12.59 for a healthy policyholder.Colonial Penn 995 Plan Review [2023] Colonial Penn 995 Plan provides burial insurance to everyone over the age of 50. Approval is guaranteed and coverage is for life. The price starts at $9.95/mo, but that may not cover your personal burial needs. Funeral costs vary a lot, so you might pay more with Colonial Penn than other providers.Colonial Penn uses persuasive terms to describe its 995 life insurance plan. “Guaranteed acceptance life insurance.” “No medical exam and no health questions required.” “Guaranteed acceptance coverage options start at just $9.95 a month.” “Your acceptance is guaranteed.” sonderkonstruktionen adler getrieberad.htm Mar 7, 2023 · The $9.95 plan, or 995 plan is a Guaranteed Issue, or Guaranteed Acceptance Final Expense Burial Insurance plan from Colonial Penn. It is named the $9.95 plan because it is advertised that you can get coverage for that price each month. This in fact, is a true statement. However, there are things you need to consider first. Such as: Notably, an average healthy policyholder would pay approximately $11.02 for comparable coverage. Smokers spend nearly $18.95 per month for a 20-year policy, while those in poor health pay roughly $9.90 per month. The monthly premium for the same term is around $12.59 for a healthy policyholder. cars for sale under dollar2 000 by owner near memilwaukee impact 3 8 For a 68 year-old-male, 1 unit at $9.95 a month qualifies you for a total of $792 in life insurance coverage. Yes, $792 per $9.95 each month for one unit. ... This means the maximum a 68-year-old male can purchase is $9,504 in life insurance coverage with a monthly premium of $119.40. Colonial Penn Life Insurance Review 36 related questions foundLet’s compare Colonial Penn 9.95 coverage to the same amount but with Mutual of Omaha. Let’s say you are a 70-year-old male and in pretty good health. You want $10,000 of coverage to take care of your funeral expenses. With Colonial Penn $9.95 a month would actually cost you about $138 per month. used gopro The Colonial Penn 995 Plan is a life insurance policy for people between the ages of 50 – 85. FAQs in Relation to Colonial Penn 995 Plan. Here, we will cover frequently asked questions about Colonial Penn’s 995 Plan and their important answers. What does Colonial Penn give you for $9.95 a month? It depends on your age and gender. For …A unit of Colonial Penn coverage always costs $9.95 per month for all ages and genders. The price per unit is fixed; it’s the coverage that varies based on your date of birth, state (except Montana), and … rock and roll outfit The $9.95 life insurance plan applies to Colonial Penn’s Guaranteed Acceptance and is the cost per unit of life insurance coverage. You can purchase up to 15 total units, with every single unit costing $9.95 per month. For example, if you were to purchase all 15 units of Colonial Penn coverage, the total monthly cost would be $149.25.With Colonial Penn, everyone pays just $9.95 per month for a single unit of coverage. Whether you’re 50 or 70, male or female, the price is always $9.95 monthly. How much coverage you get for a unit of coverage varies depending on your age and gender. It’s an odd way to price final expense life insurance.To illustrate how units of coverage operate, assume you are 70 years old and want to know how much coverage 1 unit of Colonial Penn’s $9.95 plan would give. According to the firms shown in the quotation results, $9.95 would purchase a $689 death benefit. Suppose you are 50 years old and select 1 unit of coverage.Dec 3, 2022 · For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258 Apr 20, 2023 · Let’s compare Colonial Penn 9.95 coverage to the same amount but with Mutual of Omaha. Let’s say you are a 70-year-old male and in pretty good health. You want $10,000 of coverage to take care of your funeral expenses. With Colonial Penn $9.95 a month would actually cost you about $138 per month. Let’s compare Colonial Penn 9.95 coverage to the same amount but with Mutual of Omaha. Let’s say you are a 70-year-old male and in pretty good health. You want $10,000 of coverage to take care of your funeral expenses. With Colonial Penn $9.95 a month would actually cost you about $138 per month. abbie Colonial Penn Pros Two Whole Life Insurance Options Rates As Low As $9.95 Per Month Living Benefit Features No Medical Exams Required Simple Application Process Lifetime Protection Colonial Penn Cons $9.95 Does Not Provide Much Coverage 2-Year Waiting Period With $995 Plan Several Negative Customer ReviewsLet’s compare Colonial Penn 9.95 coverage to the same amount but with Mutual of Omaha. Let’s say you are a 70-year-old male and in pretty good health. You want $10,000 of coverage to take care of your funeral expenses. With Colonial Penn $9.95 a month would actually cost you about $138 per month.Colonial Penn guaranteed acceptance program. The minimum value of a unit of coverage is approximately $400 and the maximum is approximately $2,100, meaning the maximum death benefit you can select is around $16,800. For example, say one unit of coverage provides a $1,621 death benefit for a 60-year-old woman.Mar 8, 2023 · The $9.95 life insurance plan applies to Colonial Penn’s Guaranteed Acceptance and is the cost per unit of life insurance coverage. You can purchase up to 15 total units, with every single unit costing $9.95 per month. For example, if you were to purchase all 15 units of Colonial Penn coverage, the total monthly cost would be $149.25. The Colonial Penn 995 Plan is a life insurance policy for people between the ages of 50 – 85. FAQs in Relation to Colonial Penn 995 Plan. Here, we will cover frequently asked questions about Colonial Penn’s 995 Plan and their important answers. What does Colonial Penn give you for $9.95 a month? It depends on your age and gender. For …Accidents can happen anytime, anywhere. If you experience a covered accident or injury, accident insurance from Colonial Life provides a lump-sum benefit that can be used to help you pay for out-of-pocket expenses, such as doctor bills, co-pays or emergency room fees. Policyholders, file claims, view your policies and more by logging in to our ...Apr 20, 2021 · $9.95 for Final Expense Insurance might not be what you think it is, but if you are looking for the lowest cost you are in the right place. We talk to many seniors every day, and a large number of them compare our best rates to Colonial Penn’s $9.95 a month final expense insurance. golden corral buffet and grill nampa menudimple die To choose the best life insurance companies for seniors, we evaluated companies based on their highest maximum issue ages for term and cash-value life insurance (30%); financial stability based on...For a 68 year-old-male, 1 unit at $9.95 a month qualifies you for a total of $792 in life insurance coverage. Yes, $792 per $9.95 each month for one unit. ... This means the maximum a 68-year-old male can purchase is $9,504 in life insurance coverage with a monthly premium of $119.40. Colonial Penn Life Insurance Review 36 related questions foundThe Colonial Penn 995 plan is a Guaranteed Acceptance Plan with a two year waiting period. You pay $9.95 per unit and you can buy up to 12 units. Each unit offers a set amount of coverage. The amount of coverage you can get depends on your age and gender. There are no health questions asked and your approval is guaranteed.A unit of Colonial Penn $9.95 coverage corresponds to the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine how …Colonial Penn’s $9.95 plan is a guaranteed acceptance whole life policy. You don’t have to answer health questions or take an exam. Regardless of your health, you will be approved. Because it’s a guaranteed issue policy, there is a 24-month waiting period.Step 1: Choose your coverage amount You can choose a coverage amount between $5,000 and $25,000 in LifeChoice ® Whole Life Insurance coverage. Step 2: Get your quote Provide basic details about yourself and help us generate a quick quote for you Step 3: Download your application Download, complete and sign the application in a few simple steps.While Colonial Penn advertises that you may buy a guaranteed acceptance life insurance policy for just $9.95, you may be able to secure a term policy for a cheaper rate. Remember that Colonial Penn says rates start at …Dec 3, 2022 · The Colonial Penn 995 Plan is a life insurance policy for people between the ages of 50 – 85. FAQs in Relation to Colonial Penn 995 Plan. Here, we will cover frequently asked questions about Colonial Penn’s 995 Plan and their important answers. What does Colonial Penn give you for $9.95 a month? It depends on your age and gender. For $9.95 ... Apr 15, 2023 · When he requests a quote, Colonial Penn tells him that $9.95 will buy him $1,560 of whole life insurance coverage. However, Derek prefers to be buried in his family’s plot. And these days, $1,560 of final expense coverage is not enough for a funeral service and burial. Derek can buy up to 15 units, depending on the monthly payment he can afford. starlink router Colonial Penn Life Insurance Company Help at every step of the way. Call (888) 910-3133 Get a Quote The purpose of this communication is the solicitation of insurance. Contact will be made by an insurance agent/producer or the insurance company. What is Medicare Supplement insurance? Medicare Supplement insurance is sold by private companies.Dec 3, 2022 · For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258 Colonial Penn Pros Two Whole Life Insurance Options Rates As Low As $9.95 Per Month Living Benefit Features No Medical Exams Required Simple Application Process Lifetime Protection Colonial Penn Cons $9.95 Does Not Provide Much Coverage 2-Year Waiting Period With $995 Plan Several Negative Customer ReviewsWith Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider crown molding corners The 9.95 plan is Colonial Penn’s most popular whole life insurance policy type. It’s guaranteed issue life insurance that costs only $9.95 monthly per unit. At the same …With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider To choose the best life insurance companies for seniors, we evaluated companies based on their highest maximum issue ages for term and cash-value life insurance (30%); financial stability based on...Apr 14, 2023 · With Colonial Penn, everyone pays just $9.95 per month for a single unit of coverage. Whether you’re 50 or 70, male or female, the price is always $9.95 monthly. How much coverage you get for a unit of coverage varies depending on your age and gender. It’s an odd way to price final expense life insurance. recliner set Colonial Life critical illness insurance helps supplement your major medical coverage by providing a lump-sum benefit that you may use to pay direct and indirect costs related to the most prevalent critical illnesses. Some of the covered conditions include: Heart attack Stroke End-stage renal (kidney) failureApr 22, 2023 · A unit of the Colonial Penn 995 coverage corresponds to the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine how much you pay each month. Colonial Penn Life Insurance Rate Chart These figures were obtained from the NFDA and are estimates only. For a detailed quote, please contact an agent. With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider For $9.95 a month, you can purchase one “unit” of the Colonial Penn Life Insurance Guaranteed Acceptance policy, the Alex Trebek insurance commerical. How Much is a Unit of Colonial Penn Life Insurance Worth Anyway? Aah, here is the problem with Colonial Penn “units.” $9.95 sounds quite enticing but…Colonial Penn 995 plan (guaranteed acceptance) The Colonial Penn life insurance for $9.95 per month is a guaranteed acceptance whole life policy with a 2-year waiting period. Everyone pays $9.95 per unit (max of 12 units). You might be interested: What Is Flex Term Life Insurance? What is a 995 plan?This is where the 995 plan by Colonial Penn gets tricky. Yes, you can get coverage for $9.95 per month, but what you may not know is that is only 1 unit of … loginocean 1 day ago · It offers guaranteed acceptance life insurance with no medical exams required, and it claims premiums start at just $9. i'm jonathan for colonial penn life insurance company. . If you are healthy then their going rate for $2000 worth of coverage is $7. 00.See your rates now, instantly If you’ve seen the TV advertising from Colonial Penn for Final Expense FIXED PRICE for $9.95 per month – per unit – you may wonder how those units work, how much benefit you actually get in a “unit”, so you can select how many units of insurance you want.Step 1: Choose your coverage amount You can choose a coverage amount between $5,000 and $25,000 in LifeChoice ® Whole Life Insurance coverage. Step 2: Get your quote Provide basic details about yourself and help us generate a quick quote for you Step 3: Download your application Download, complete and sign the application in a few simple steps. overbey This is where the 995 plan by Colonial Penn gets tricky. Yes, you can get coverage for $9.95 per month, but what you may not know is that is only 1 unit of coverage. What does that mean? With this program, they have broken it up into units of coverage. So one unit of coverage costs $9.95.Colonial Penn Pros Two Whole Life Insurance Options Rates As Low As $9.95 Per Month Living Benefit Features No Medical Exams Required Simple Application Process Lifetime Protection Colonial Penn Cons $9.95 Does Not Provide Much Coverage 2-Year Waiting Period With $995 Plan Several Negative Customer ReviewsThe $9.95 plan, or 995 plan is a Guaranteed Issue, or Guaranteed Acceptance Final Expense Burial Insurance plan from Colonial Penn. It is named the $9.95 plan because it is advertised that you can get coverage for that price each month. This in fact, is a true statement. However, there are things you need to consider first. Such as:The Colonial Penn $9.95 policy is a guaranteed acceptance life insurance policy with a monthly cost of $9.95 PER UNIT of coverage (often only between $400-$1,000 depending on your age). It has a two-year waiting period on all new policies and maximum coverage of $16,664. amazon size chart men Apr 15, 2023 · When he requests a quote, Colonial Penn tells him that $9.95 will buy him $1,560 of whole life insurance coverage. However, Derek prefers to be buried in his family’s plot. And these days, $1,560 of final expense coverage is not enough for a funeral service and burial. Derek can buy up to 15 units, depending on the monthly payment he can afford. With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. RiderLet’s compare Colonial Penn 9.95 coverage to the same amount but with Mutual of Omaha. Let’s say you are a 70-year-old male and in pretty good health. You want $10,000 of coverage to take care of your funeral expenses. With Colonial Penn $9.95 a month would actually cost you about $138 per month.To choose the best life insurance companies for seniors, we evaluated companies based on their highest maximum issue ages for term and cash-value life insurance (30%); financial stability based on... song idpercent27sdollar400 room for rent Nov 12, 2021 · With this plan, you can receive a coverage maximum of $50,000, and it is available to anyone between the ages of 18 and 75. What do you get for $9.95 a month from Colonial Penn? A unit of Colonial Penn coverage corresponds to the life insurance benefit amount you receive for $9.95 per month. For a 68 year-old-male, 1 unit at $9.95 a month qualifies you for a total of $792 in life insurance coverage. Yes, $792 per $9.95 each month for one unit. ... This means the maximum a 68-year-old male can purchase is $9,504 in life insurance coverage with a monthly premium of $119.40. Colonial Penn Life Insurance Review 36 related questions found el orgusu yelek modelleri For $9.95 a month, you can purchase one “unit” of the Colonial Penn Life Insurance Guaranteed Acceptance policy, the Alex Trebek insurance commerical. How Much is a Unit of Colonial Penn Life Insurance Worth Anyway? Aah, here is the problem with Colonial Penn “units.” $9.95 sounds quite enticing but…Mar 7, 2023 · The $9.95 plan, or 995 plan is a Guaranteed Issue, or Guaranteed Acceptance Final Expense Burial Insurance plan from Colonial Penn. It is named the $9.95 plan because it is advertised that you can get coverage for that price each month. This in fact, is a true statement. However, there are things you need to consider first. Such as: Accidents can happen anytime, anywhere. If you experience a covered accident or injury, accident insurance from Colonial Life provides a lump-sum benefit that can be used to help you pay for out-of-pocket expenses, such as doctor bills, co-pays or emergency room fees. Policyholders, file claims, view your policies and more by logging in to our ...With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider Protect the people who matter most Get peace of mind and protection for loved ones with life insurance. Life insurance can help your loved ones pay for funeral costs, cover bills and ongoing living expenses, pay off debts, finance future needs and protect retirement plans. whipped soap A unit of Colonial Penn coverage corresponds to the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine how much insurance coverage a single unit provides. For example, a 75-year-old male gets $560 in insurance coverage per unit.With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider Colonial Penn uses persuasive terms to describe its 995 life insurance plan. “Guaranteed acceptance life insurance.” “No medical exam and no health questions required.” “Guaranteed acceptance coverage options start at just $9.95 a month.” “Your acceptance is guaranteed.” rooms for rent dollar325 buffalo ny Life insurance for seniors can be tricky, especially when it comes to Colonial Penn’s coverage plans. For seniors over 75, they offer a Guaranteed Acceptance whole life plan which costs only $9.95 per unit. In addition, it is a guaranteed acceptance with no answer to health questions or medical exams asked!A unit of the Colonial Penn 995 coverage corresponds to the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine how …Colonial Penn’s whole life insurance policy is available to those between the ages of 40 and 75 in most states, with the maximum coverage amount being $50,000. That coverage limit is...Jan 27, 2023 · What do You Get for $9.95 a Month From Colonial Penn? Females ages 50 – 85 can expect to receive between $468 – $2,000 of coverage for $9.95 a month. In comparison, males should anticipate coverage amounts between $418 – $1,669 for $9.95 a month. Women will receive more coverage than men even though both are paying $9.95 per unit. folding chaise lounge Everyone with Colonial Penn pays only $9.95 per month for a single coverage unit. Whether you are 50 or 70, male or female, the monthly cost is only $9.95. It is a peculiar method for pricing final expense life insurance. No other life insurer utilizes the unit system. The amount of coverage you receive per coverage unit varies based on your ...For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258To illustrate how units of coverage operate, assume you are 70 years old and want to know how much coverage 1 unit of Colonial Penn’s $9.95 plan would give. According to the firms shown in the quotation results, $9.95 would purchase a $689 death benefit. Suppose you are 50 years old and select 1 unit of coverage.For $9.95 a month, you can purchase one “unit” of the Colonial Penn Life Insurance Guaranteed Acceptance policy, the Alex Trebek insurance commerical. How Much is a Unit of Colonial Penn Life Insurance Worth Anyway? Aah, here is the problem with Colonial Penn “units.” $9.95 sounds quite enticing but…The average expense for a hospital stay ranges from $9,100 for a medical stay to $22,700 for a surgical stay. 1 If you're admitted to the hospital for a covered accident or sickness, hospital indemnity insurance plans provide benefits that can help pay for hospital expenses that aren't covered by your health insurance, such as costs related to: For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258 knitting machine for saleruss 1 day ago · It offers guaranteed acceptance life insurance with no medical exams required, and it claims premiums start at just $9. i'm jonathan for colonial penn life insurance company. . If you are healthy then their going rate for $2000 worth of coverage is $7. 00. Colonialpenn - Maintenance We make life insurance simple, affordable and easy to apply! We're sorry for the inconvenience, but our site is currently offline for maintenance... For more information, please call 1-877-877-8052 New York Residents, please call 1-877-891-0915 Para obtenar más información, por favor llame al 1-877-268-5247 korean bbq grill table To illustrate how units of coverage operate, assume you are 70 years old and want to know how much coverage 1 unit of Colonial Penn’s $9.95 plan would give. According to the firms shown in the quotation results, $9.95 would purchase a $689 death benefit. Suppose you are 50 years old and select 1 unit of coverage.Everyone with Colonial Penn pays only $9.95 per month for a single coverage unit. Whether you are 50 or 70, male or female, the monthly cost is only $9.95. It is a peculiar method for pricing final expense life insurance. No other life insurer utilizes the unit system. The amount of coverage you receive per coverage unit varies based on your ... cut offs shirt For $9.95 a month, Colonial Penn grants you a unit of insurance. The value of each unit is determined by how old you are and whether you are male or female. For example, consider the following dollar amounts of coverage per unit: 50 year old male – $1,669 50 year old female – $2000 65 year old male – $896 65 year old female – $1,258Each unit of Colonial Penn Guaranteed Acceptance Life Insurance will cost $9.95. Only the monthly cost and the coverage amount change. Our chart below shows the coverage …1 day ago · It offers guaranteed acceptance life insurance with no medical exams required, and it claims premiums start at just $9. i'm jonathan for colonial penn life insurance company. . If you are healthy then their going rate for $2000 worth of coverage is $7. 00.How much does this plan pay? The amount you receive depends on your injury and the treatment you receive, usually a set amount for specific covered injuries or care. There is no lifetime or annual maximum payout. How do I file a claim? To start the claims process, log in to your account.Colonial Life critical illness insurance helps supplement your major medical coverage by providing a lump-sum benefit that you may use to pay direct and indirect costs related to the most prevalent critical illnesses. Some of the covered conditions include: Heart attack. Stroke. End-stage renal (kidney) failure. granny With Colonial Penn, the unit cost will always be $9.95. However, the monthly cost and payout amount will change depending on your age, gender, and location. Our chart below shows the coverage of a 51-year-old woman. Her unit cost is $9.95 a month, and one unit equals a policy payout of $1,942 for her. Rider Females ages 50 – 85 can expect to receive between $468 – $2,000 of coverage for $9.95 a month. In comparison, males should anticipate coverage amounts …A unit of Colonial Penn coverage is the life insurance benefit amount you receive for $9.95 per month. Your age and gender determine the exact amount of …Nov 12, 2021 · With this plan, you can receive a coverage maximum of $50,000, and it is available to anyone between the ages of 18 and 75. What do you get for $9.95 a month from Colonial Penn? A unit of Colonial Penn coverage corresponds to the life insurance benefit amount you receive for $9.95 per month.