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Today We’re Going To Talk About The Facts On Alex Trebek Life Insurance From The Perspective Of An Independent Agent
IMPORTANT! Watch the video below for a THOROUGH overview of how the Alex Trebek insurance program works before continuing reading. The video will give you an excellent overview as to how the insurance works, and what the “fine print” is all about. Enjoy!
Here’s An Overview Of Today’s Topics:
I would assume you’re browsing my website in search of ANSWERS to your questions about final expense life insurance and burial insurance.
Maybe you’re looking for life insurance on yourself or a loved one like your parent.
Again, if I may be sold bold, more specifically you are here because you’re wondering what this so-called “Alex Trebek life insurance” program is all about?
If you’re like many people I do business with, you’re DROWNING in junk mail… television ads… and constant solicitation for final expense life insurance.
And chances are… you’ve seen “The Jeopardy Guy” attempting to convince you of the wonders of the burial insurance product he’s endorsing.
And maybe you’ve been CONVINCED that this particular type of life insurance Alex Trebek product “is the one” to get!
So here’s the deal…
My goal in this little write-up is to, as we say down here in the South, “Shoot ya straight!”
Having the FACTS (not FICTION) is important to making a decision, wouldn’t you agree?
ESPECIALLY if it’s about something as VITAL as ensuring your loved ones have cash on hand to pay your funeral, cremation, and final expenses.
So, let’s get down to it.
I’m going to discuss exactly WHAT Alex Trebek life insurance is. Then, I’m going to SHOW you how it works. That INCLUDES showing you the fine print.
And lastly, I’m going to give you my opinion on the PROS and CONS of Alex Trebek insurance.
That way, YOU and YOU ALONE can make up your OWN mind if the Alex Trebek insurance product is right for YOU and YOUR FAMILY. Or if something else may be better.
Alex Trebek insurance is NOT the name of the company or the life insurance product.
The life insurance company is NOT Alex Trebek insurance company!
You see, Alex Trebek is a paid endorser of Colonial Penn’s life insurance products.
Colonial Penn Life Insurance is a Philadelphia, Pennsylvania-based life insurance company.
Originally, AARP co-founder Leonard Davis founded Colonial Penn, with AARP for a time working with Colonial Penn as its life insurance partner, offering coverage through Colonial Penn to AARP members.
As mentioned earlier, Colonial Penn is best known by its endorsers.
Currently, Alex Trebek endorses Colonial Penn.
And in the past, Ed McMahon, Jerry Lewis, and Joe Theismann also endorsed Colonial Penn.
For people over 50, they will receive solicitations with fancy brochures and applications from Colonial Penn on a monthly (if not weekly) basis until they breathe their last breath!
And if you enjoy watching “The Price Is Right,” re-runs of “Bonanza,” or the “Steve Harvey Show,” it is likely you will see Alex Trebek himself extolling the virtues of Colonial Penn, including why you should buy their life insurance.
So you see the constant television ads.
And you get the weekly junk mail from Alex Trebek insurance (Colonial Penn Life Insurance).
And you can’t help but ask…
HOW does this life insurance product from Colonial Penn REALLY work?
Allow me to explain… 😃
But first, let me see if the following “highlights” from the commercial sound familiar to you.
When Alex Trebek comes on the screen, he usually mentions the following benefits for the Colonial Penn life insurance product:
- Coverage is guaranteed NEVER to cancel due to health or age!
- Your premiums are guaranteed NEVER to go up for any reason!
- And most importantly… as long as you fit the age range, you CAN NOT be declined. Your acceptance is guaranteed!
Bet that’s what you hear every time you see a Colonial Penn commercial, right?
…And thankfully, all of those benefits are absolutely, 100% true!
Here’s the truth.
SOME life insurance is better than NO life insurance.
I TOTALLY believe some burial insurance products are MUCH more suited for certain individuals than others.
But I will go to my grave believing that even an inferior insurance product is much better than NO final expense burial insurance product.
And so it is with Colonial Penn life insurance.
It is undeniable that there are obvious advantages to buying Colonial Penn’s “Guaranteed Acceptance” life insurance product.
Coverage NEVER Cancels
One major advantage to the Alex Trebek insurance company product is that your coverage cannot cancel due to age or health.
Why is this a benefit?
Because we don’t know when we’re going to die!
Plus, why take a chance with an Alex Trebek life insurance company product that may cancel BEFORE you die?
(Believe it or not, there are MANY life insurance products from brand-name companies that do just that!)
But is this STILL enough reason to buy an Alex Trebek insurance product? Let’s continue…
Premiums NEVER Increase
ATTENTION fixed-income recipients!
Having insurance that does NOT get more expensive is a GOOD thing, right?
I’d argue it’s a GREAT thing!
And Colonial Penn’s guaranteed-acceptance life insurance product does just that!
When you buy a guaranteed acceptance life insurance product from Colonial Penn, whatever premium you’re quoted is LOCKED IN. Forever!
So… no dreaded RATE INCREASE letters from the insurance company.
You’re probably wondering at this point if I’m attempting to persuade you to buy life insurance from Colonial Penn.
There are some obvious benefits to buying an Alex Trebek life insurance plan that can benefit certain people.
HOWEVER… there are some not-so-obvious issues that we need to cover before totally deciding if coverage from Colonial Penn is right for you.
Here’s the shtick…
This feature of the Alex Trebek insurance program CAN be a benefit to some.
But to others… guaranteed acceptance may be a considerable DRAWBACK.
Allow me to explain.
It’s true. As long as your age falls within the age brackets Colonial Penn offers, you cannot be declined for life insurance coverage with Colonial Penn’s Guaranteed Acceptance product.
I’ve sat with hundreds of people who owned a Colonial Penn life insurance program.
By simply showing them the fine print, they were shocked to see how the Colonial Penn product was NOT in their best interest.
Here’s the reason why.
You’ve probably heard the phrase…
“You can’t get something for nothing.”
In reality, you’re not going to get the best value if insurance companies don’t know your health history.
Now, you may have health problems. BUT… that doesn’t mean you can’t get a better value!
Colonial Penn wants to convince you their whole life product is the cat’s meow, as my mom would say.
Here’s the problem
Guaranteed issue means they don’t ask you any health questions.
They don’t know what condition your health is in.
For example, you could be on your death bed or be perfectly healthy.
Point is, they take anybody and everybody who expresses interest, so they assume the worst about your health.
Why Not Guaranteed Whole Life Insurance?
Life insurance companies are designed to make money.
They do that by NOT providing any coverage for natural causes for the first two years of your insurance policy.
This means if you die of natural causes within the first two years, they will NOT pay the full death claim.
They will refund your money to your beneficiary plus a little interest.
Trust me. What your beneficiaries will receive will NOT result in a lot of money.
And most likely, DEFINITELY not enough to pay for a full funeral or cremation!
Look… Do NOT take my word for it! Watch the video below where I actually SHOW you the fine print regarding the MANDATORY waiting period that’s built into ALL life insurance Alex Trebek plans that offer “Guaranteed Acceptance” coverage.
Watch the video in its entirety to discover – word for word – how these plans work.
Why is this a problem?
We don’t know when we’re going to die!
I’ve sold life insurance across the nation since 2011. I specialize in burial insurance.
It is shocking the number of perfectly healthy people that I’ve sold insurance to who died within the first two years of their policy.
I can think of two gentleman in Georgia in particular.
Both were in perfect shape when they took out an insurance policy.
The first one discovered he had brain cancer a year later and died within two to three months. It was such a sad event.
Keep in mind… Colonial Penn WOULD NOT have paid the $20,000 death claim since he passed away from natural causes within 2 years of his burial insurance program.
The second gentleman died six months after he took his life insurance plan out with me.
Had he had one of these guaranteed issue companies like an Alex Trebek life insurance program, he would not have had coverage to leave to his family and his wife.
And that’s the key!
If you’re looking for a life insurance product, you want to get the best value, right?
Watch the video below now for my final thoughts on Alex Trebek life insurance, and what you can do RIGHT NOW to give yourself the best opportunity for the highest value of coverage.
If a limitation of coverage for two years with an Alex Trebek program is something you weren’t aware of, AND you want to work with somebody who is going to give you the best value, I highly encourage you to give me a jingle.
Call me at 888-626-0439 now.
I’m happy to source quality life insurance coverage with the goal of qualifying you for first-day full coverage if possible.
You can also submit a message or chat request below. Or go to my contact page and send me a message here.