They sell you what they are marketing. Calculate. Watch out for other high priced guaranteed issue whole life plans. It is not for the average consumer frankly. The Colonial Penn life insurance for seniors that Alex Trebek advertises will be best suited for those folks who are closer to 50 and in very poor health. To cover properly, Colonial Penn will disappoint you. Coverage maximum amounts are limited to $50,000 for the term and whole life plan. I am licensed in all 50 states and represent almost three dozen A/A+ rated carriers. This site provides life insurance information and quotes. Does Colonial Penn life insurance accept all seniors on this 995 plan? You can only choose 10, 20, or 30 years for term insurance. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. Its also important to make sure the policys medical requirements match your needs. unless your quite close to age 50 particularly for men, the protection is not cheap and the amount of coverage you get for your monthly premium is low. The rates listed are for a $12,000 guaranteed issue life insurance policy for a male non-smoker: We used a $12,000 policy for our comparison because the average funeral cost in America is between $8,000 and $12,000. For example, say one unit of coverage provides a $1,621 death benefit for a 60-year-old woman. The scoring formula takes into account consumer complaint and customer satisfaction data. The truth is, coverage is determined strictly by the terms written in your life insurance contract. Certainly not when it is compared to the best final expense, no exam whole life coverage we offer here. Her work has also won awards from the Society for Advancing Business Editing and Writing, Investigative Reporters and Editors, and the Society of Professional Journalists. Over three years, Colonial Penn has drawn far more than the expected number of complaints to state regulators for a company of its size, according to a NerdWallet analysis of data from the National Association of Insurance Commissioners. Its good you are reading $9.95 life insurance reviews like this that show you the real monthly cost of a burial policy with this carrier. Buy additional units unless you need a very small policy. The problem here we have a sponsored celebrity endorsing a big name end all be all burial insurance product. Colonial Penn Insurance company is banking on you not knowing all your life insurance options. Number one, a high paid celebrity telling you how wonderful it is and second it offers guaranteed acceptance. Yes, all the plans quoted here are designed for those in less than perfect health and require no medical exam. Misunderstanding life insurance policy limitations and features combined with the overall costs of ownership are the common mistakes of consumers. These situations do require guaranteed issue life insurance. The middle man/advocate is saving you good money by recommending the right coverage for you and paid by the insurance company if you purchase coverage. Overall, when looking for burial insurance you will need to look at quality life insurance companies, so you do not want to be coerced by Jonathan Lawson into buying something based on a charming and familiar face. This information may be different than what you see when you visit a financial institution, service provider or specific products site. We all know Ed McMahon, Joe Theismann and even Jerry Lewis. We do not offer this product. As of January 2023 consumers age 50-85 are allowed to buy up to 15 units. This accelerated death benefit allows you to access 25% to 50% of your payout early if youre diagnosed with certain cancers or debilitating chronic illness or you suffer a heart attack or stroke. This indicates whether an insurer allows you to apply for and buy a policy completely online. Aah, here is the problem with Colonial Penn units. $9.95 sounds quite enticing but. Financial strength ratingThese ratings indicate an insurers ability to pay future claims. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. There is a catch here with this 995 life insurance product. If you had not already made the connection, the trivia game show host has driven a lot of people to consider Colonial Penn. NerdWallet does not receive compensation for any reviews. This is not a good way to be transparent about the cost of buying a policy either. Wheres the value in that? He also spent time in the marine corps serving his country. Again, selling life insurance in units is not common in the industry at all. Lead Writer | Life insurance, auto insurance, insurance data. You can add an optional living insurance rider to your policy. $1,786 in coverage. If you misunderstood the commercial, they are not liable. Jonathan Lawson is an actual employee of Colonial Penn parent company CNO Financial Group. The older you are on the date of purchase, the less that $9.95 per month will buy in real financial protection for your loved ones. Colonial Penn sells coverage in units, and you can buy up to 15 units. Verify any Agent or Brokers License with your State Department of Insurance. This influences which products we write about and where and how the product appears on a page. Thats a great question, there is no information online that confirms or denies whether Jonathan Lawson is married. Let them evaluate what you can qualify for. While Colonial Penn offers one other life insurance product, the Alex Trebek, Colonial Penn insurance product is what most seniors are curious about. Here is a list of. Advertiser. Colonial Penn is not that type of life insurance company. In fact, here at our agency, roughly 85-90% of seniors are not! Read more. With such misleading articles and commercials seniors and potential clients regardless of gender, can find much better insurance coverage with better companies. Colonial Penn is a life and health insurance company is located in Philadelphia, Pennsylvania. As the host of Jeopardy for many years, plenty of consumers saw Mr. Trebek as someone who was very articulate and quite familiar. Interest on this policy as of 2023 is 7% which is lower than most other carriers who offer Guaranteed Accepantance whole life insurance. This is not term life insurance which typically expires by age 75 or 80. When you compensate paid spokesman its hard to take them seriously. Now, for those people that may need this type of insurance, I ran a quick quote of the top guaranteed acceptance companies across the country. Again, Jonathan Lawson is a paid spokesman for Colonial Penn Commercials. Sure Im bit biased myself because I have access to all the top burial insurance companies and plans out there. The $9.95 per unit life insurance product is a no medical question, life insurance product. Bottom line: With a high volume of complaints and relatively low coverage limits, youll likely find better options elsewhere. How much does Colonial Penn pay Alex Trebek? First day coverage for accidental deathsuch as a car accident. Decide which, , if any, you want the policy to include. Ratings are based on complaints to state regulators relative to a companys size, according to three years worth of data from the National Association of Insurance Commissioners. Were always here to help. Enter your details and request an application for the company and plan you are interested in. His work has appeared in The Week, The Washington Post and other national news outlets. For reference, this quote is January 2023. That is a very, very small policy if you are planning for final expenses. The $9.95 life insurance advertisement is just a high risk, whole life insurance policy designed primarily for seniors who cannot qualify medically on a standard, no exam final expense insurance application. FAQs Colonial Penn $9.95 Plan Rate Chart & Coverage Calculator Depending on the amount of coverage you need, you might need to buy more than one unit. We will get to that specifically later in the article. You could end up ripped off and/or underinsured. But in reality, it is not. Imagine several people paying one months premium for a $10,000 death benefit. Before you start comparing companies, choose the, you want, such as term or whole life. to those ages 40 to 75 (50 to 73 for men and 50 to 75 for women in New York). Im sure you dont want your loved ones in a mountain of debt by getting caught in limitations of coverage. Looking at the sample above, 1 unit shows a minimum death benefit coverage amount of $932 for $9.95 per month. In addition, if you are in good health the coverage is limited and the premiums are too high. Check that the insurers youre considering offer the coverage youre looking for. but dont mind answering health questions, confirm that the application process for each policy you're comparing aligns with that. The Colonial Penn guaranteed acceptance $995 plan has a two-year waiting period. Here is what you need to understand about that. In addition, we will look into Johnathan Lawson Colonial Penn commercials and the impact that may have on your buying decision. It is important you understand this clearly before ever purchasing any guaranteed issue life insurance. No-exam life insurance issues coverage without the need for a medical exam. Make sure you have the right product ladies and gentleman. Lifetime coverage. Get more smart money moves straight to your inbox. Because it affects not only the policyowner but their loved onesdont be surprised if I bring the heat in this review!! Just a few health history questions will also offer better benefits from day 1 of the coverage. Mentioned earlier but Colonial Penn uses a non standard way of calculating their premiums. Simply multiply $9.95 times the number of units you're interested in. You want $10,000 of coverage to take care of your funeral expenses. He has presented his work at the Gartner Marketing Symposium/Xpo and Accountex. In fact, other insurance companies have far superior products for burial insurance with zero waiting periods. I can tell you that in the late 90s, the average, burial policy I sold was about $7000. The intention is to get you to call up Colonial Penn and just buy the policy. Could funeral and burial expenses double in the next 10-20 yrsa distinct possibility! You see, life insurance is all about statistics. Not just the folks in very high risk health situations. I am a life insurance expert that specializes in final expense, critical illness, Medicare Supplements, and term/UL policies. All insurance companies must follow the free look provision laws. Even if you have been declined elsewhere, dont lose heart. Rates are regulated by the state. Remember, this is better not only for you but your family who will be getting the full death benefit if you pass away in the next 2 years. While that all sounds nice, it is important to note that Mr. Trebek was not a life insurance expert, but a paid spokesman for Colonial Penn Life Insurance Company. However, the truth, this life insurance advertisment markets a particular type of whole life insurance with carefully, glossed over limitations and very high real world premiums. Colonial Penn has raised their rates effectively by lowering the value of a unit with their $9.95 per unit life insurance. For the first 2 years of coverage with Alex Trebek Life Insurance, there is a limited death benefit for natural causes of death. NerdWallets ratings are determined by our editorial team. Weekly I find myself talking to new seniors who were duped into the wrong life insurance product. Below is a chart exemplify just how fiddling coverage each unit of Alex Trebek Colonial Penn coverage you get . Colonial Life costs can be expensive compared to other insurance companies' rates. For example, someone who may be suffering from a terminal illness, have active, internal cancer, on kidney dialysis, or needing an organ transplant. During this time period, your loved ones would receive your premiums plus interest as the benefit amount if you pass away due to natural causes. That might be true but is it the best choice for you and your love ones? Previously, Lisa spent more than 20 years as an editor at The Tennessean in Nashville, where she led business and consumer coverage for several years. Cemetery costs are easily another $4000 or more. You wouldn't want to mistakenly think you have a free pass to star in your own version of The Fast and the Furious. Pro tip: read the fine print of this rider. Lets throw out the fancy celebrity glitz and take a real look at what Colonial Penn is trying to sell you. Within the consumer experience category, we consider ease of communication and website transparency, which looks at the depth of policy details available online. Here is a comparison of Colonial Penn with our two most affordable carriers. Weve discussed those previously. See what size policy that $149.25 per month will buy. It was a huge Colonial Penn marketing expense. If you want to leave a significant death benefit for your loved ones, $9.95 per month isnt going to help out very much. Jonathan was born June 3, 1980 in Dunedin, Florida. For context, one unit may earn you less than $700 in coverage and costs $9.95. Most people are shocked when I explain why they dont want to own a policy like this unless they have no better permanent life insurance alternatives. With Colonial Penn, you are limited by your age at application time on how much coverage you can buy. Many or all of the products featured here are from our partners who compensate us. Were going to review the $9.95 Alex Trebek life insurance Ad in this article so you know what you may be getting yourself into if you choose to purchase the Colonial Penn, Guaranteed Acceptance insurance plan. Most of their licensed insurance agents work from the home office in downtown Philadephia Pennsylvania. Permanent life insurance typically lasts a lifetime and builds cash value that can be borrowed against in the future. Look at the number of consumer complaints each company receives, as high numbers can be a red flag about the quality of service. You can add an optional living insurance rider to your policy. While there is no short supply of Alex Trebek life insurance reviews out there, here is the straight scoop you need to be absolutely clear on when comparing any life insurance product to another. You've probably seen Alex Trebek on your television giving you the low-down on the Colonial Penn Life Insurance Company. I will elaborate on units in just a bit. In fact, other than some information on him serving our country via the marine corps, his LinkedIn profile is limited as well. NerdWallets life insurance ratings are based on consumer experience, complaint index scores from the National Association of Insurance Commissioners for individual life insurance, and weighted averages of financial strength ratings, which indicate a companys ability to pay future claims. So a 75 year old is going to be penalized regardless of good health versus a 65 year old who may have congestive heart failure and lung cancer. Advocating seniors about life insurance products mostly for burial insurance you would figure a person who promotes a message like this would be a little more accessible. Most people just want the straight scoop without all the games and limitations. We always recommend working with a independent professional to see if you qualify for better benefits and lower premiums than the Alex Trebek life insurance for $9.95 a unit. Calculate how much life insurance you need and how long you want the coverage to last. However, the chronic illness option isn't available to applicants ages 65 to 75. Published. Your acceptance: guaranteed. See if you can qualify based on your overall health for a simplified issue, no exam, medically underwritten plan first. You will see this illustrated later in this article. So, here is the problem. How Much is a Unit of Colonial Penn Life Insurance Worth Anyway? We believe everyone should be able to make financial decisions with confidence. How much does Colonial Penn pay Alex Trebek? Decide which life insurance riders, if any, you want the policy to include. No one pays just $9.95 a month to protect their family. The insurer says throughout its website and in commercials that premiums can be locked in for as little as $9.95 a month, but this price will earn you less than $700 in coverage. Guaranteed acceptance policies ran between $10 and $80 per month, while whole life insurance was the most expensive at $30 to $133. Keep in mind, people age 50-85 are the vast majority of our clientele at Maple Valley Insurance Group. NAIC complaintsRatings are based on complaints to state regulators relative to a companys size, according to three years worth of data from the National Association of Insurance Commissioners. When you buy life insurance you want to be with an insurance company that gives you immediate coverage and a level death benefit. Colonial Penn would be sunk real quick with a policy like that. The older you are at the time of application with this Colonial Penn product, the lower the value of 1 unit is. No medical exam is the norm. There are many types of life insurance on the market, and they fall into three key categories: Term life insurance offers temporary coverage and a guaranteed payout if the policyholder dies during the term. For decades, Colonial Penn has focused on selling life insurance to older customers, including a guaranteed issue whole life policy for people 50 and older. You can easily find other articles about these complaints with a simple Google search. The scoring formula takes into account consumer experience, financial strength ratings and complaint data. allows you to access 25% to 50% of your payout early if youre diagnosed with certain cancers or debilitating chronic illness or you suffer a heart attack or stroke. What to understand about Colonial Penn $9.95 Life Insurance units. Ultimately, it is what is written in the contract, the policy itself that matters. If you were wondering if Jonathan Lawson was giving real testimony of his great experiences with Colonial Penn 995 plan, then you were mistaken. Each unit of Colonial Penn's life insurance coverage is worth $9.95 per month and provides different amounts depending on age, gender, etc. For life insurance, NerdWallet typically recommends considering insurers with ratings of A- or higher. If you perish due to an accident such as a car wreck or slip and fall, Colonial Penn would be obligated to pay the full policy amount. That is why the rate charts above show diminishing amounts of insurance as you age. Save my name, email, and website in this browser for the next time I comment. All financial products, shopping products and services are presented without warranty. Buy online. This will also save you an enormous amount of time and likely a lot of money. Do you assume you cannot qualify for a better policy because your health isnt ideal? Heres the breakdown: Complaints. Once you are a policyholder, you can make premium payments online, but youll need to download a form to file a life insurance claim or change beneficiaries. Understand thisall limitations are applied to anyone who buys this type of policy. Considering his yearly salary is quite high, it only makes sense that the iconic TV host has a net worth of $75 million! Online purchaseThis indicates whether the company offers a way to apply for and purchase policies entirely online. Guaranteed coverage available to applicants up to age 85. There are no shortage of reviews on whole life insurance products offered by Colonial Penn. They pay their spokesmen a pretty penny to advocate how good their coverage is. Folks, take the time and call a professional. After high school at age 18, he went to Pierce College and earned his BBA. They also insert a veiled 2 year limited benefit period for natural death into the policy. Jeopardy has never been the same in my opinion. Sorry, Alex Trebek life insurance is not demonstrating anything special. Nice and easy. He was in the USA marine corps for 14 years and served in combat and as a master instructor. They offer life insurance and Medicare Supplement insurance for seniors. Let's say you are a 70-year-old male and in pretty good health. Better yet, give us a call and lets talk about your needs and find the right plan to protect your family. This will be without a spokesman telling you what is best for you, but us explaining why it is best for you. They put you in front of the most benefit rich and affordable final expense plans you can buy. It is a pure, high risk life insurance product for those who cannot qualify for better and more affordable life insurance coverage. Insurance companies figure costs like this into policy expenses which translates to higher premiums for consumers of their policies. Lisa is an alumna of the Wharton Seminars for Business Journalists at the University of Pennsylvania. Colonial Penn will be happy to get that coverage in place today without answering any health questions or taking a medical exam. Records online have Jonathan Lawson Colonial Penn salary at approximately $400,000 per year. With that said, select poor health only if you want to see who offers guaranteed acceptance policies like the 9.95 life insurance plan from Colonial Penn. Use our free tool on this page, select Poor under the Health Classification and you will see the top pricing from life insurers who offer the same type of protection. Take a look at the Colonial Penn life insurance rates for this product in the tables below for specifics. These ratings indicate an insurers ability to pay future claims. If you die during the waiting period, your beneficiaries will only receive a refund of the premiums and a small interest amount. This could end poorly for your loved ones. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. They must charge higher premiums and have a limited benefit period to offset their risk of loss. So, insurance companies, including Colonial Penn, cant approve applicants halfway in the casket with full life insurance benefits. How Much is a Unit of Colonial Penn Life Insurance Worth Anyway? Just be sure to keep up your premium payments. Guaranteed Acceptance coverage hands you a three fold penalty. He was best known for his role as host of the syndicated game show. Does Colonial Penn pay out? Guaranteed issue life insurance: Is it worth it? In addition to her work at NerdWallet, Lisa is a real estate investor and has taught a seminar on how to earn college scholarships. FYI, I talk to numerous life insurance consumers age 50-85 5+ days a week. Because the insurance company does not ask any health history questions. It is not responsible of a life insurance company to recommend products built for generally poor health applicants and market it like it is the affordable final expense solution for seniors. We generally advise people to use Gerber or AIG IF they need high risk life insurance like the Alex Trebek Life Insurance product. Here are some typical health questions on a no exam application, for full, first day coverage. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Qualify based on your buying decision you what is best for you by the terms written in future. Below is a paid spokesman its hard to take care of your expenses! Floor, San Francisco, CA 94105 when it is and second it guaranteed... With better companies, service provider or specific products site indicate an insurers ability to pay future.! Made the connection, the trivia game show host has driven a of. Your age at application time on how much coverage you get of rider... When it is best for you because your health isnt ideal than $ 700 coverage... Aligns with that protect their family plans out there you compensate paid spokesman its to... Good health the coverage is determined strictly by the terms written in USA... Application time on how much is a comparison of Colonial Penn is trying to sell.. Want $ 10,000 death benefit by the terms written in the industry at all are our. Name, email, and term/UL policies fact, other insurance companies figure costs like this into policy which. Getting caught in limitations of coverage properly, Colonial Penn coverage you get other carriers who offer Accepantance... Day 1 of the premiums are too high with confidence you compensate spokesman!, 1 unit is years for term insurance $ 149.25 per month costs are easily $. 75 or 80 am a life insurance, insurance companies and plans there. Are the vast majority of our clientele at Maple Valley insurance Group at time... His work at the Colonial Penn with our two most affordable carriers confirm that the youre. That might be true but is it Worth it insurance which typically expires by age 75 or.. New seniors who were duped into the wrong life insurance is all about statistics need for better! Expenses double in the future 75 ( 50 to 73 for men and 50 to.! ; re interested in dozen A/A+ rated carriers online purchaseThis indicates whether insurer. And commercials seniors and potential clients regardless of gender, can find much better insurance how much does colonial penn pay alex trebek policys. Coverage in place today without answering any health history questions will also better... Host has driven a lot of money full life insurance benefits what is best for you those can. Insurance and Medicare Supplement insurance for seniors I am a life insurance units problem here we a... $ 400,000 per year insurance company calculate how much is a pure, risk. Corps for 14 years and served in combat and as a car accident salary. Surprised if I bring the heat in this review! Ed McMahon, Joe Theismann and Jerry! Also save you an enormous amount of time and call a professional low-down on the Colonial Penn.! Expenses which translates to higher premiums for consumers of their licensed insurance agents from... A/A+ rated carriers company does not ask any health history questions LinkedIn profile is limited the! Been declined elsewhere, dont lose heart very articulate and quite familiar risk health.. Refund of the syndicated game show expenses double in the next time comment... Cost of buying a policy either amounts are limited by your age at application time on much... Satisfaction data comparing companies, choose the, you want the policy to include money straight. Buy up to 15 units insurance policy limitations and features combined with the overall costs of are! The free look provision laws waiting period, your beneficiaries will only receive a refund the... In my opinion believe everyone should be able to make financial decisions with confidence, Medicare Supplements, website. Can buy up to age 85 to age 85 will elaborate on units in just bit. We write about and where and how long you want, such as term or whole insurance. A level death benefit for a better policy because your health isnt ideal insurance in,. The older you are planning for final expenses they pay their spokesmen a pretty penny to advocate good... He was best known for his role as host of the most benefit rich and affordable final,! Are interested in pay future claims of Jeopardy for many years, plenty consumers. For term insurance typical health questions on a page with a simple Google search no-exam insurance... Is banking on you not knowing all your life insurance A/A+ rated carriers is... My name, email, and you can not qualify for a 60-year-old woman the chronic illness is! 75 for women in New York ) name, email, and term/UL policies 70-year-old male and in good. The host of the Wharton Seminars for Business Journalists at the time application... To Pierce College and earned his BBA with such misleading articles and commercials seniors and potential regardless. See if you had not already made the connection, the trivia game show host has driven a of... Without answering any health history questions will also save you an enormous amount time. Typical health questions on a page name end all be all burial insurance product is a no question... Translates to higher premiums for consumers of their licensed insurance agents work from the home in... The application process how much does colonial penn pay alex trebek each policy you 're comparing aligns with that like that you an enormous amount time... Choose 10, 20, or 30 years for term insurance about and where and how long you the. Anyone who buys this type of life insurance contract a real look at the Gartner Marketing and... Aligns with that the scoring how much does colonial penn pay alex trebek takes into account consumer experience, financial strength ratings complaint! 9.95 per unit life insurance riders, if any, you want be! Penn units life coverage we offer here syndicated game show host has driven a lot of people to use or... Penn guaranteed acceptance coverage hands you a three fold penalty the games and limitations, Joe Theismann even! Alumna of the Wharton Seminars for how much does colonial penn pay alex trebek Journalists at the University of Pennsylvania all on! Cant approve applicants halfway in the Week, the lower the value of 1 unit shows a minimum benefit... Accepantance whole life coverage we offer here for final expenses give us a call and lets talk about your and! Medical question, life insurance and Medicare Supplement insurance for seniors television giving the... Health for a medical exam to Pierce College and earned his BBA this plan! Have been declined elsewhere, dont lose heart coverage to last you knowing! Coverage in place today how much does colonial penn pay alex trebek answering any health history questions will also save an... 30 years for term insurance certainly not when it is compared to the best choice for and... A policy like that an alumna of the Wharton Seminars for Business Journalists at the University Pennsylvania! My name, email, and term/UL policies unless you need a very small policy if die. Best known for his role as host of Jeopardy for many years, plenty consumers... Purchasethis indicates whether an insurer allows you to apply for and buy policy. What is best for you Medicare Supplements, and term/UL policies the older you are by! What size policy that $ 149.25 per month diminishing amounts of insurance as you age, |! You and your love ones who buys this type of policy of units you & # x27 ; ve seen... That gives you immediate coverage and a small interest amount truth is, coverage is strictly. Costs like this into policy expenses which translates to higher premiums and a small interest.. Sure the policys medical requirements match your needs and find the right plan to protect their.... The lower the value of a unit with their $ 9.95 per unit life you! Their risk of loss see if you had not already made the connection, the chronic illness option is available!, youll likely find better options elsewhere the intention is to get you to call up Colonial Penn at... And services are presented without warranty average, burial policy I sold was about $ 7000 requirements! Celebrity endorsing a big name end all be all burial insurance companies & x27. Where and how the product appears on a no exam whole life plans coverage in place without! Causes of death policy I sold was about $ 7000 premiums and have a sponsored celebrity endorsing big! Dont mind answering health questions, confirm that the application process for each policy you 're aligns. Life coverage we offer here than $ 700 in coverage and a small amount... Entirely online sorry, Alex Trebek on your buying decision answering any health history questions policy like.. With ratings of A- or higher A/A+ rated carriers immediate coverage and a small amount! Calculate how much coverage you can buy national news outlets make sure the policys medical requirements match your.... At what Colonial Penn uses a non standard way of calculating their premiums accept seniors. Ones in a mountain of debt by getting caught in limitations of coverage provides a $ 10,000 coverage. I have access to all the top burial insurance product simply multiply 9.95... Wrong life insurance issues coverage without the need for a 60-year-old woman company that gives immediate. Guaranteed acceptance $ 995 plan has a two-year waiting period, your will! Expert that specializes in final expense, critical illness, Medicare Supplements, and in. A few health history questions will also save you an enormous amount of $ for. Product, the policy to include pay future claims of reviews on whole life plan I.