Which is better, Colonial Penn or Garden State Life insurance?

I am looking for a life insurance policy for my father, he is 54 and a non-smoker. I am looking at term life insurance and would like a policy of at least $50,000 with no medical exam. Are both of these companies legit? Has anyone ever dealt with these companies and had a loved one pass? Please share your experiences.

As a disclaimer, I work for Garden State and write for their blog. You can be assured that both are quality life insurance companies that have been around for many years. I don’t know Colonial Penn’s financial rating off of the top of my head but Garden State is "A" rated by AM Best.

RBC and HSBC are also quality companies that offer term life insurance without a medical exam if you just want a some more options.

If your father dies less than 2 years after the policy is issued there may be a delay from any of these companies because they will have to investigate the claim since it would fall within the contestability period. It may take a couple of months for you to collect. If he dies outside of 2 years then you should be able to get your death benefit in only a few weeks.