How Good Is Colonial Penn Life Insurance? 
Since I have no personal connection or experience with Colonial Penn Life Insurance Company my first `` go to '' for information about any insurance company is to check the independent ratings . You can check them for yourself by searching the internet for `` comdex rating for ___ '' whatever company you want to search for . What I found for Colonial Penn was that they do not rank among the top 250 life insurance companies in America as of December 2013 . Top Life INsurance Reviews.com posted the comdex along with the AM Best , Standard & Poor , Moody 's , and Fitch rankings for each of the top 250 and Colonial Penn was not listed . 