Lydia V.
Wondering why Colonial Penn hasn't increase there pay out.
Wondering why Colonial Penn hasn't increased there life insurance policy. They sendout brochures and plantlets through the mail stating the cost of a funeral and other final expenses have increasing. They stated we should know. But, my questions is with inflation so high why haven't they increase our pay out upon death. Yes, its only $ 9.99 a month, but they know that the funeral expenses and cremation have increased. So, why haven't they concerned an increase to the policy holder pay out. As customer I believe they should concerned increasing the pay out to higher payout. As inflation increases our expense with funeral and inflation has increased. What can Colonial Penn do for it customers. So my question is since I've been with them for many years what do they plan to do for there customers.