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Burial insurance is sometimes referred to as final expense, pre-need or funeral insurance. All are designed to cover the costs of your funeral and other end-of-life expenses. ... Colonial Penn ...
Colonial Penn, which began as an insurance provider through AARP focused on people over 65, [1] now has a marketing campaign that is aimed at people between the age of 50 and 85, specializing in “guaranteed acceptance whole life insurance“ and to help their families cover funeral costs after the individual dies. The company's name comes ...
Final expense life insurance, sometimes referred to as guaranteed issue, guaranteed acceptance, funeral or burial insurance, is a type of whole life insurance designed to cover end-of-life ...
CNO Financial Group is the parent company of seven insurance companies, including Bankers Life and Casualty Company and Colonial Penn Life Insurance Company. [5] They also own 40/86 Advisors, an investment management company and Washington National Insurance Company.
The LDI was established in 1967, enabled by the support of Leonard Davis and his wife, Sophie Davis. Leonard Davis was one of the innovators in private health insurance. As the founder of Colonial Penn, Mr. Davis pioneered insurance plans for the elderly.
Colonial Penn is a private company administering Medigap, which refers to Medicare supplement insurance plans. The plans may help pay Medicare costs, such as copays and deductibles. Monthly ...
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