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Colonial Penn Ratings and Company Information
Best Insurance Reports: B++
Url of page where rating was collected:
Best Rating: A.M. Best rating: B++ (good)
Type of Insurance Company: Stock (parent)
Name of Parent Company:
Conseco Insurance Group
Company History: Colonial Penn sells its products via direct marketing channels. Potential clients can obtain quotes, apply and/or request a call from an agent, all online.
Principle Sales Methods: Internet and career agents.
Life Annuity Business: Colonial Penn sells Guaranteed Acceptance and Whole Life insurance policies, and offers flexible payment options.
Company Financial Status:
Assets & Premiums: **For financial information, see listing for Conseco or Bankers Conseco Insurance Group.**
Lines of Insurance:
States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY