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Friday, September 18, 2009

William Penn Life Insurance: : Stuff You Need To Know

By Chimezirim Odimba

The William Penn Life Insurance Company of New York was formed in 1962. They wanted to present policyholders with economical, innovative plans and excellent service, that was their mission.

In 1989, they became a wholly owned subsidiary of the Banner Life Insurance Company, part of Legal and General America. William Penn Life's individual insurance offerings are sold mainly in New York State, through independent insurance brokers.

Their investment philosophy is conservative. William Penn Life Insurance Company offers the Penn Term Series, a versatile term life insurance plan that can meet most term life needs.

Cheap Online Life Insurance Quote

For an astounding insurance plan, William Penn Life Insurance Company has a multitude of options. Business term insurance policies are renewable to age 95, while individual policies are renewable to age 80.

The minimum face value offered is $100,000. All policies are renewable but every policy must be converted before the age of 70.

Remember a quote is never a guaranteed price, it's an estimate supported by the information you give an insurance agent. The more detailed and accurate the information you provide on your height, weight, medical condition, family health history, job and hobbies, the closer your quote will be to the final price.

Have present information on your height, weight, cholesterol and blood pressure levels handy. All of the figures you provide will be verified during your Life Insurance paramedical exam. If the exam results vary significantly from what you indicated in your quote interview, your final price could be affected. - 23211

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