This depends on which sport you are asking the question about. Each-way terms on golf will often include 5th place, but if asking about horse racing then there will only be special occasions this will happen as 5th is not a normal position for Each way betting on the place part.
Coral will pay out on 5th place on horse racing but only when clearly stated and usually only on special promotions. You are most likely to see 5 places with Coral on the biggest races of the year.