Colonial PennLife InsuranceReviews 

Colonial is a close to a scam as you can get. Very, very misleading with advertising. You may pay only $9.95 a month for 20 years but only get $1100 of coverage. You pay more in premiums than you get back. They also signed me up without approval and tried to deduct a monthly payment, however, they got caught. No money for Colonial Penn. Read complaints from BBB. Poor little senior citizens are being scammed for sure.

These r crappy policies that have been around 4 years.Colonel Penn is just one of many companies that sells them. They r deceptive and aimed at the elderly. During the 1st two years they do not pay a death benefit.. Instead, u get a return of premium. By year five u have paid more than the death benefit into the plan. If u cancel u lose everything. If u continue u r being ripped off. The only way to make the policy work is to die between years 3 and 5.

Rip Off, BUYER BEWARE PERIOD!!!! Company has major complaints against them based on all of their practices and the commercials don't disclose the entire truth. Don't do business with this company would be my advice and recommendation.

Tired of these people lying to people and constant ads 9.95 a month insurance = 1000.00 dollar coverage give me a break

Because they don't pay for 1st 2 years, you end up paying $2400 for $900 worth of coverage. No wonder they say you can keep it as long as you pay your premiums. After 10 years, you've paid $24,000 for $900 worth of insurance. Sure you want to just make CP rich?

They are a terrible insurance company, I have had my policy for over 5 years and pay approximately 70.00 a month for a $20,000. whole life policy. Now trying to get a Whole life policy through them for my husband in the amount of 100,000. they refuse saying he can only get a $15,000. policy for 150.00 a month.

this place can’t be trusted waste of your money they don’t want to as
answer any questions they just want to take your information, address phone number name and send you a lot of junk in the mail, but can’t even answer questions. My family members have dealt with this place don’t waste your time or money.

say, aren't you Jonathan the guy who knocked up my wife?

Do not waste your time with this company. They are complete garbage.

when I saw the TV ad, on the air like a million times lately, it took almost no intuition to see that this Jonathan dude, a paid actor, promoted COST, NOT BENEFIT. It is disingenuous to espouse one side of the story, when the other side stinks, and takes away from the overall appeal of the entire plan offering. EXAMPLE: I am 74 and plugged my info into their $9.95/mo calculator.... insurance face popped up as $590 next for 2 years.... this, to me, is seriously presenting an imbalanced, almost fraudulent profile, in NOT disclosing ALL sides of the offer... Jonathan is a paid robot

I am so sick of seeing the Colonial Penn tv adds....you need to shut that guy up...9.95 a month...who gives a crap......we are sick of colonial penn....I would never , ever buy from them if just for being annoying to us.....

Very questional billing practices. Failed to respond to statement questions.

Horrible place. Scam artists. Do not waste your time or money.
Terrible customer service who will hang up on you. Go to a more reputable place and do your research

This company needs something better to do than rip off the elderly for their worthless "insurance". If everyone would file a complaint with the Federal Trade commission we wouldn't have to see their stupid TV commercials anymore!

What they should do is explain to people what the difference is between "price you can afford" and "price that fits your budget"......BECAUSE THERE ISN'T ANY DUFFERENCE!!!

Yet their thief "spokesman" Johathan Lawson continues to work for them in an attempt to get you to give them your hard-earned money.

Are the TV networks really that desparate, that they have to keep putting Colinial's garbage on our tv'?

We thought they were the best, but that is clearly not our experience. The level of incompetence is disturbing. This is not a reputable company and their customer service is the absolute worst.

Decided to take advantage of their "look n' see no obligation" offer and wish I'd researched them beforehand. Too many complaints about this company ranging from product disappointment to billing or even trying to collect on a claim.

Update: Visit The National Association of Insurance Companies (NAIC). There have been 42 complaints levied against Colonial Penn. Buyer beware!

Decided not to buy from them. We were well within the 30 day review period, they'd already charged the account yet getting out of dealing with them is the pits.

Before your call to examine them do your research. If you decide to request product(s) from them and decide to send them back you should make your request in writing and return everything via certified mail return receipt.

Fail to establish a paper trail and chances are you'll regret it. Once they have your payment method you may have a difficult time getting your money back.

Note: Do yourself a favor and read the fine print. By doing so you'll have the information you will need to make an intelligent informed decision.

They have several plans for every budget. The consumer has to choose what fits--not the company. Their job is to sell. The consumer's job is to be knowledgeable about buying options (types of insurance) and cost.