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"Although the advertisement on TV about Colonial Life insurance specifies that the insurance is for people over 50, Colonial does offer insurance for those at least 18 years of age. This company offers old-fashion customer service to the clients."

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13y ago

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Does life insurance amount depreciate as you get older?

No, the amount of life insurance coverage typically remains the same throughout the policy term, as long as premiums are paid. However, the cost of life insurance premiums may increase as you get older.


Is this statement true premiums for term life insurance decrease as people get older?

No, premiums for term life insurance typically increase as people get older because as they age, they are considered at a higher risk of death and therefore more expensive to insure.


Is gerber life insurance expensive?

Gerber Life Insurance typically offers affordable coverage options, particularly for children and young adults. Premium rates can vary based on factors such as age, coverage amount, and health status. It's best to get a personalized quote to determine the cost for your specific situation.


What is the best way to obtain life insurance for senior people?

The best way to obtain life insurance for senior people is to shop around and compare quotes from different insurance companies. Consider working with an independent insurance agent who has experience with senior life insurance products and can help you find the best coverage at an affordable price. Be prepared to provide detailed information about the senior's health and medical history to ensure accurate quotes.


What characterizes possible selves in older adults?

Possible selves in older adults are representations of future goals, aspirations, and fears that are influenced by their past experiences and current life circumstances. This concept reflects the dynamic nature of identity and the continued pursuit of personal growth and adaptation in later life. It can encompass both positive visions of successful aging and negative concerns about decline and loss.

Related Questions

Does Colonial Penn offer car insurance?

Colonial Penn is a life insurance company. Colonial Penn does not sell auto insurance, home owners insurance or any other type of insurance. You can get more information about the Colonial Penn program at the Colonial Penn website.


Where is the headquarters of the Colonial Life Insurance Company located?

The main headquarters for the Colonial Life Insurance company is located in Columbia, South Carolina at 1200 Colonial Life Boulevard West, zip code 29210.


What are some companies that will allow a senior to purchase life insurance from them?

A few companies that will allow seniors to purchase life insurance from them include Dollar Globe Insurance, Colonial Penn, and Metlife. These companies have plans for Seniors fifty years and older which may match what you are looking for.


Where can I find more information regarding penn life insurance?

Colonial Penn Life Insurance Company sells a variety of life insurance plans including; term, whole life and guaranteed life insurance. Colonial Penn has an official website online where you can obtain rates and information on various policies.


What types of insurance does Globelife provide?

Globe Life provides life insurance for adults and for children, disability insurance, and accidental death insurance. Globe Life is owned by the Torchmark Corporation.


Where can one find rates for Colonial Penn Life Insurance?

Colonial Penn Life Insurance rates can be found in many place. The rates can be found on their website, through calling the company, or by searching for an insurance broker locally.


What is Life and AD and D Insurance?

Insurance for the family if one of the adults running the household dies.


Who bought colonial life insurance company?

If you are talking about the Colonial Life Assurance association in Australia, it was the Commonwealth Bank of Australia. in 1999.


What types of global life insurance is available to young adults?

The type of global life insurance that is available to young adults is the perhaps the young American plan. There may be more available but is not listed.


How can I find out more about Colonial Insurance?

One can find out more information about Colonial Insurance by contacting the company for more information or by going to Colonial Insurance website. This company was founded in 1939 in South Carolina. They offer insurance for disability, accident, life and critical illness.


What is the phone number for Colonial Life Insurance?

Home page below-


What company acquired Colonial Life Insurance Company of America?

Conseco