Colonial Penn Life Insurance


Colonial Penn is among the largest of American life insurance companies that market directly to senior needs; offering exclusively No Medical and Guaranteed Issue life products that promise coverage to individuals over the age of 50.

Colonial Penn is also one of the oldest insurance providers to offer Guaranteed Issue products, beginning with their first issues policy in 1968.

Today, Colonial Penn is an owned brand of Conseco Direct Life.

Colonial Penn Guaranteed Life


  • Guaranteed coverage for those ages 50 to 80.

  • No medical exam, no health questions, and instant issue can get you covered the day you apply.

  • Permanent fixed premiums that never change through the life of the policy.

  • A cash value builds on this product beginning after the first year.

Colonial Penn No Medical Life


  • Insure up to $50,000 by answering only a few questions about your health.

  • Available as term life insurance, or as a permanent life insurance plan.

  • Eligibility available up to age 75.

  • A cash value begins as early as the first year of coverage.

Here at Specialty Life we specialize in life insurance for individuals over the age of 50, with plans offering eligibility up to age 85. Our relationship with leading Canadian insurers provides access to a wide range of no medical insurance policies including Guaranteed Issue. With simple underwriting you can be covered in a matter of days. Apply for a quote and explore your options.

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