Table of Contents
- 1 Did Alex Trebek have Colonial Penn?
- 2 How much life insurance do you get for $9.95 from Colonial Penn?
- 3 Does Jonathan Lawson really work at Colonial Penn?
- 4 How much life insurance did Alex Trebek have?
- 5 Who owns Colonial Penn Insurance Company?
- 6 How much does Alex Trebek life insurance cost?
- 7 Who are the endorsers of Colonial Penn insurance?
Did Alex Trebek have Colonial Penn?
host Alex Trebek had appeared as an compensated endorser in Colonial Penn commercials, since he started using life insurance from the company in the early 1990s, and signed a long-term contract with it to do advertisements. Recently, Colonial Penn have aired commercials paying tribute to Trebek.
How much life insurance do you get for $9.95 from Colonial Penn?
You call Colonial Penn to get a quote for $15,000 in coverage and they tell you they can’t do that– you have to buy units. For a 68 year-old-male, 1 unit at $9.95 a month qualifies you for a total of $792 in life insurance coverage. Yes, $792 per $9.95 each month for one unit.
How much does Colonial Penn pay per unit?
The Colonial Penn life insurance for $9.95 per month is a guaranteed acceptance whole life policy with a 2-year waiting period. Everyone pays $9.95 per unit (max of 12 units). How much coverage you get for $9.95 depends on age and gender. There are no health questions.
What is Alex Trebek’s annual salary?
Trebek’s annual salary from “Jeopardy!” was $18 million. The show taped 46 days a year, and he shot five episodes per day. In other words, he earned around $391,000 every tape day, $78,000 per actual episode.
Does Jonathan Lawson really work at Colonial Penn?
Jonathan Lawson served in the Marine Corps and earned his college degree while working full time at Colonial Penn. Now, Colonial Penn customers who have benefited from Mr. Lawson’s advice over the years say thank you to him, and thank you to Colonial Penn.
How much life insurance did Alex Trebek have?
If he wanted five units, he would pay $49.75 per month (5 x $9.95), and he would have a total of $2,130 in life insurance ($426 x 5) from those five units….Alex Trebek guaranteed acceptance prices.
| AGE | 1 Male Unit ($9.95) | 1 Female Unit ($9.95) |
|---|---|---|
| 77 | $503 in coverage | $717 in coverage |
| 78 | $477 in coverage | $683 in coverage |
What do you get for $9.95 a month from Colonial Penn?
In its TV ads, Colonial Penn advertises life insurance coverage starting at $9.95 per month for its Guaranteed Acceptance Plan. While the policy doesn’t require a medical exam, it only offers limited benefits for the first two years.
How much is a unit of Colonial Penn life insurance worth?
Colonial Penn’s guaranteed life insurance works by adjusting the benefit amount (also known as coverage) per unit based on your age, gender and location. Each unit will always be $9.95, but how much coverage you get for $9.95 will change. If you want to get more coverage, you have to buy more units.
Who owns Colonial Penn Insurance Company?
CNO Financial Group
Conseco Life Insurance Company of Texas
Colonial Penn/Parent organizations
Colonial Penn’s parent company, CNO Financial Group, owns three other life insurance companies: Bankers Life, Resource Life, and Washington National.
How much does Alex Trebek life insurance cost?
Ed McMahon used to advertise $6.95 per unit for Colonial Penn and their Guaranteed Acceptance coverage. Today, the Alex Trebek commercial for life insurance comes in at $9.95 per unit. Same product as well folks. That my friend, is a huge increase in cost for life insurance especially with people living longer than ever!!
How much does Colonial Penn life insurance cost?
People are living longer than ever before. Ed McMahon used to advertise $6.95 per unit for Colonial Penn and their Guaranteed Acceptance coverage. Today, the Alex Trebek commercial for life insurance comes in at $9.95 per unit. Same product as well folks.
Who is the guy in the Colonial Penn insurance commercial?
Let’s review the most common Alex Trebek insurance advertisements that you’ve probably seen for years on television. Alex Trebek is the official endorser of Colonial Penn’s guaranteed acceptance life insurance plan. He’s been a paid endorser for many years, and before him, Ed McMahon also endorsed Colonial Penn.
Who are the endorsers of Colonial Penn insurance?
As mentioned earlier, Colonial Penn is best known by its endorsers. Currently, Alex Trebek endorses Colonial Penn. And in the past, Ed McMahon, Jerry Lewis, and Joe Theismann also endorsed Colonial Penn. Most folks recognize Colonial Penn by their onslaught of television and junk mail advertisements.