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LifeChoice, Simplified Whole Life Insurance; Frequently Asked Questions
Here are some questions we're often asked about our LifeChoice®, Simplified Whole Life Insurance. If there's something more you'd like to know, contact us.

  Do I need a physical?
  Will my rate go up every year?
  As I get older, will you reduce my benefit?
  Can you cancel my coverage?
  Is there a waiting period before the full benefit takes effect?
  Will this plan pay benefits even if I have other insurance?
  Does this plan build cash value?
  What if I apply for coverage, but change my mind later?
  How do I get in touch with you for customer service?
  Does it pay to act now?
  What does simplified issue mean?
  What type of payment options do you offer?

Do I need a physical?

You don't have to get a physical now or ever. Your answers to a few health questions will help determine your eligibility.

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Will my rate go up every year?

No, once you're insured, your rate will never go up.

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As I get older, will you reduce my benefit?

No. After your coverage begins, your benefit will not decrease as you grow older or if your health changes.

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Can you cancel my coverage?

As long as you pay your premium, only you can cancel your coverage.

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Is there a waiting period before the full benefit takes effect?

Your policy becomes effective on the day your application is approved, and you're covered in full from day one.

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Will this plan pay benefits even if I have other insurance?

Of course. This plan will pay benefits directly to your beneficiary in addition to any other insurance you might have.

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Does this plan build cash value?

Yes, after your first year of coverage, your LifeChoice® coverage begins to accumulate cash value -- money you can borrow against for any reason.

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What if I apply for coverage, but change my mind later?

Count on our 30-Day Money Back Guarantee for peace of mind. If you decide this coverage isn't for you, just return your insurance documents within 30 days after receiving them for a complete refund, no questions asked.

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How do I get in touch with you for customer service?

We've built our reputation on satisfied customers. When you receive your insurance documents, you'll also receive a customer guide with our toll-free service hotline. This special toll-free number will put you directly in touch with our service team. Your guide will also include information on how to change your payment plan, change a beneficiary, or file a claim.

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Does it pay to act now?

Your rates will never be lower than they are right now. The younger you are when your coverage starts, the lower your rates will be for life.

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What does simplified issue mean?

Simplified issue means that you don't have to complete a lengthy health questionnaire or get a physical to apply for coverage. Your answers to a few health questions will help us determine your eligibility.

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What type of payment options do you offer?

When you apply online for coverage you can either use a credit card or pay by direct bill. If you select the direct bill option we'll send you a bill with your policy, and then continue to bill you monthly or annually, depending on the frequency you select. If you change your mind later, you can switch to the billing method that's most convenient for you.

In addition to direct and credit card billing, we also offer automatic deduction from your checking or savings account in most states. This option is not yet available for online applications, but you can easily switch to it after you've made your first payment.

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It's so easy to take the next step. There's absolutely no obligation on your part.

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 Apply online.
 Receive information by mail.
 Have a representative contact you.

Questions? Call us toll free 1-877-860-4261


 
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