Colonial Penn Life Insurance Company is a life insurance company based in Philadelphia, founded by AARP philanthropist and co-founder Leonard Davis, owned by CNO Financial Group. Penn colonial, originally focused on people over 65 who became the origin of insurance provided through the American Association of Retired Persons, now known as AARP, now has a marketing campaign aimed at people between the ages of 50 and 85, specializing in receipt which is guaranteed intact life insurance. Jeopardy! host Alex Trebek usually appears as a compensation endorser for Penn Colonial in advertising. Former supporters include Star Search hosted Ed McMahon, male singer Lou Rawls, and Joe Theismann.
Utility holding company, FPL Group acquired Colonial Penn in 1985. FPL sold Penn Colonial to Leucadia National in 1991.
Conseco purchased Penn Colonial from Leucadia in 1997, and in 1998 it renamed Conseco Direct Life to reflect the ownership of Conseco. In 2001, the name was changed back to Colonial Penn, though, according to a fine print at the end of the Penn Colonial ad on this day, it was still Banker's Conseco Life Insurance Company for New York State residents..
Video Colonial Penn
References
- Notes
Maps Colonial Penn
External links
- Official website
Source of the article : Wikipedia
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