Colonial Penn Life Insurance

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About Colonial Penn Life Insurance Company

Where History Meets The Twenty-First Century…

If you were to visit us at 399 Market Street in the heart of Old City Philadelphia, you would discover yourself just blocks away from Independence Hall, the Liberty Bell, the Betsy Ross House, and many other sites rich in historical significance.

But just as the past meets the present in the sights and sounds of Philadelphia’s centuries-old neighborhood, Colonial Penn Life Insurance Company combines the best of the old and the new.

For over fifty years we have served the needs of our customers with a dedication to “old-fashioned” customer service. At the same time, our fully computerized operations, easy-to-read policies, and use of today’s many avenues of communication — including the Internet — mark us as an organization with an eye on tomorrow.

Our Mission…

We specialize in offering insurance directly to consumers at affordable prices. The company was a pioneer in designing insurance products to meet the needs of the mature market, and in 1968 became one of the first insurers to offer a guaranteed acceptance life insurance plan, exclusively for people ages 50 and over. While we continue to be a leader in providing affordable insurance coverage for the mature market, we also offer life insurance for people of all ages, starting at age 18. With more than 800,000 life insurance policies and more than $2.6 billion of life insurance inforce we’re proud to be serving the insurance needs of men and women all across America.

Meet the value of Colonial Penn.

We invite you to explore this website and find what protection is right for you and your loved ones. Check out our products… take a minute to get a quick quote… or learn more about our customer service . We’re convinced that once you have the facts you will discover the value of the many Colonial Penn Life insurance plans.

Colonial Penn Life Insurance Company is located in one of the most historically significant regions in the country.  Just blocks from iconic landmarks such as the Liberty Bell and Independence Hall, Colonial Penn Life corporation was housed in a non-descript modern office building.  NW Sign Industries designers used their ingenuity to create a historically significant design that would not only distinguish the building’s entrance, but also pay homage to the company name. Designers also needed to understand and satisfy demanding city ordinances that specified stringent setback requirements.

NW Sign Industries created an architectural element that fitted seamlessly into the original modern façade of the office building. The use of columns and a stucco face gave the entrance the presence and sophistication befitting an insurance company in a historic district.   The sign’s proportions, 61 feet long and 6 feet high, were a challenge during transportation.  Crews nervously eyed the bridge toll booth, judging whether the sign and trailer would fit.  Fortunately, the sign passed through with inches to spare, and the remaining road trip was without incident. Busy city streets were closed during the installation, which dictated the use of a crane. The finished product transformed the building’s entrance, simulating the look and feel of a timeless institution.


The sign is sixty-one feet long by six-feet high. Two columns are integrated into the sign and flank the doors of the entrance.


The Colonial Penn Life sign is fashioned from:

  • One piece aluminum with an Exterior Insulation and Finish System to create the illusion of stucco
  • Blue and red lettering lit by fiber optics.

Compare Colonial Penn
Life Insurance Company

Colonial Penn scored 1 out of 8 points, ranking 24th in our comparison survey of 25 U.S. life insurance companies*.
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Colonial Penn did not rank in the Top 15 for price, and thus did not score any points in this category.