This Business Is Not BBB Accredited

Colonial Penn Life Insurance Company

Colonial Penn Life Insurance Company

(215) 928-6065

Colonial Penn Life Insurance Company

59 years in business
399 Market Street
Philadelphia, PA 19106
Fax Numbers
  • (215) 928-6068
Additional Phone Numbers
  • (800) 523-9100
  • (866) 259-6935
  • (800) 523-4060
Additional Email Addresses
  • j.prieur@colpenn.com
  • b.iacovetti@colpenn.com
BBB File Opened: 08/01/1985
Business Started: 12/03/1957
Business Started Locally: 12/03/1957
Business Incorporated: 12/03/1957 in PA
Type of Entity
Corporation
Business Management
  • Ms. Sherie Sealy, Team Leader, Policy Services Administration
  • Mr. John C. Deen, Director
  • Ms. Celeste Fiordimondo, Senior Director – Customer Service
  • Mr. B. Iacovetti, Treasurer
  • Mr. Gerardo Monroy, President
  • Mr. James Prieur, CEO

Business Category
  • Insurance Companies
Additional Information
  • In September 1997, Colonial Penn Life was sold to Conseco.
  • In September 1997, Colonial Penn Life was sold to Conseco.
  • The BBB suggests you read and understand the provisions of the policy in its entirety. The BBB further suggests you carefully review the terms and conditions of the policy, including but not limited to: 30-Day money-back guarantee, limitations and exclusions of the policy, length of coverage, refund policy, coverage per unit, and the rates and payout of the policy. The BBB also recommends you thoroughly read the company's promotional materials, and have a clear understanding of the quotes received which are priced out per unit of life insurance.  

B

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Factors that affect the rating for Colonial Penn Life Insurance Company include:

  • 86 complaint(s) filed against business

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

Colonial Penn Life Insurance Company

THIS BUSINESS IS NOT BBB ACCREDITED

Colonial Penn Life Insurance Company

Customer Review Rating:

100%

Composite Score: