Hello everyone. I want to let you know that Colonial Penn Life Insurance up to $50,000 is available for applicants between the ages of 40 and 75. As you can see from the colonial penn life insurance reviews, their app asks questions about health, but there is no medical examination. The price of the policy depends on age and gender and will remain the same throughout the term of the policy. Colonial Penn Life Insurance policies are also available under the Life Insurance option, which allows you to receive a portion of your death benefit if you are diagnosed with a certain medical condition.