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Is Colonial Penn a good life insurance policy?

Colonial Penn may be worth considering if you or a loved one is looking for a guaranteed-acceptance life insurance policy to help with end-of-life planning decisions. It could also be an option if you’ve faced challenges getting insured due to your health status, Colonial Penn could provide a solution.

Does Colonial Penn have a death benefit?

New applicants as old as 85 can apply. You get a very small death benefit per 9.95 unit. Coverage has a two-year waiting period before being covered for natural causes of death. Colonial Penn has an extraordinarily high amount of negative consumer complaints. Depending on the amount of coverage you need, you might need to buy more than one unit.

How do I get a Colonial Penn policy?

Colonial Penn policies are available online or by calling the company’s toll-free phone number (877) 877-8052. Colonial Penn policies are sold by captive agents. When you speak with someone from Colonial Penn they will only offer you products from Colonial Penn.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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