When the Colonial Penn insurance company says the cost for life insurance is $7.95 per unit, what is a unit ?
Thousand dollars , 10 thousand ?6 years ago - 1 answers
No, it is not like that. Take a look at the URL I am including below. It shows that each "unit" costs the same, but their value is different. Take a look at the "Benefit" column, to see what a total of two units, 3 units, and so on, is worth.
You will probably need to enter your state and age.
Source(s):6 years ago