Dating back to 1879, Bankers Life provides a broad selection of life and health insurance products designed for Americans who are near or in retirement. With 230 offices, our 4,500 insurance agents/producers live and work in their local communities. Our agents take the time to get to know you, listen to your needs and values, and are dedicated to helping you meet your goals for a secure retirement. Get to know Bankers Life - and learn why our 1.1 million customers trust us to help protect their financial future, ensuring a healthier and rewarding retirement. Bankers Life is part of CNO Financial Group, Inc., whose companies provide life and health insurance, annuities, financial services and workforce benefits solutions.
Very helpful and professional helping get the best rates and not be uncomfortable with my decision thank you
DC
Danny Cleary
5 days ago
1.0
I have never used Colonial Penn Life Insurance. Don't be misled by the TV commercials. The "as little as" $9.95 a month gets you a measly $1,000 death benefit. It is also a 2 year limited benefit period. $1,000 won't even put a dent in your funeral costs. READ THE FINE PRINT. I can only imagine how many seniors have been taken advantage of by this.
Shameful
LMAO!! I see they're nothing but 1 star reviews. A much better option is Savings Bank Life Insurance (SBLI). Really decent plans for reasonable costs. Just my thoughts through experience.
SH
Susan Hall
Jan 5, 2026
1.0
People make sure you read or talk to these people. Your 9.95 a month gives you little pay back. It's 9.95 a unit. But you would need to buy many units to get a half decent pay back. They make it sound like you have such a great thing at 9.95 a month. Read the fine print
CA
Cherry Arnold-Verry
Dec 27, 2025
5.0
I had questions re: insurance policies and payments due, all my questions were answered. The customer service rep was kind, compassionate and answered my questions, them took my payment that was due.
GG
GARY
Dec 15, 2025
1.0
Colonial penn is a rip off. Don't believe that $9.95 commercial. That only gives you $1000.00 coverage. Your actual insurance rate for a REAL policy will cost you hundreds of dollars.
This is a big case of false advertising. They need to be sued. I was shocked when I called colonial penn. Don't deal with this company
Frequently Asked Questions About Colonial Penn Life Insurance Company
What types of insurance products does Colonial Penn Life Insurance Company offer?
Colonial Penn Life Insurance Company offers a broad selection of life and health insurance products designed mainly for Americans who are near or in retirement.
Where is Colonial Penn Life Insurance Company located?
It is located at 399 Market Street, Philadelphia, PA, 19106, US.
What are the business hours for Colonial Penn Life Insurance Company at 399 Market Street?
The office is closed every day of the week and also on holidays such as November 27, 2025, and December 25, 2025.
How can I contact Colonial Penn Life Insurance Company for insurance inquiries?
You can contact them by calling +1 800-523-9100 or visit their website at https://colonialpenn.com/.
Which insurance group is Colonial Penn Life Insurance Company part of?
It is part of CNO Financial Group, Inc., which provides various life and health insurance, annuities, financial services, and workforce benefits solutions.
Are there any nearby transit-friendly locations that can help customers find Colonial Penn Life Insurance Company?
Though specific transit stations are not listed, nearby places such as Tamman Inc. (software development) and WBB.Design (marketing agency) are located close to Colonial Penn Life Insurance Company, which can help orient customers within the 399 Market Street area in Philadelphia.
What nearby dining spots can customers visit before or after their appointment at Colonial Penn Life Insurance Company?
Customers can enjoy nearby restaurants such as The Boiling Pot (seafood and Cajun/Creole cuisine), Luna Cafe (bistro), Benson's NYC (restaurant, bar, lounge), Gi Gi Restaurant & Lounge, and Panini's Trattoria (Italian Grill).
Are there community or coworking spaces near Colonial Penn Life Insurance Company?
Yes, Indy Hall, a community, clubhouse, and coworking center, is located nearby, offering a space for professionals to work and network in the local area.
What financial services are available close to Colonial Penn Life Insurance Company?
TD Bank, which provides banking, ATM, and other financial services, is near Colonial Penn Life Insurance Company for customers needing additional financial support.
What is the reputation and customer base of Colonial Penn Life Insurance Company?
With over 1.1 million customers trusting them, Colonial Penn Life Insurance Company is known for helping protect financial futures and ensuring healthier, rewarding retirements through personalized services from local agents.