Perspectives on Life – Penn Mutual

A Day in the Life of a Penn Mutual Intern

By Jessica Choi | September 27, 2016

We just finished up our inaugural Penn Mutual Pathways Internship(SM) program, intended for students going into their junior and senior year of college who are interested in careers as financial advisors. I’d like to share some videos created by the interns themselves about their experiences.

The Secret to My Success: Always Look Five to 10 Years Ahead

By Maury Stewart | September 20, 2016

You might think it’s strange that someone who has been in the industry for more than 60 years is so focused on the need to change, but, frankly, the insurance industry has always been about change.

Why Danica Patrick Believes Everyone Needs Life Insurance

By Danica Patrick | September 13, 2016

Given that I drive race cars for a living, you can understand why I make sure I have life insurance. I know the risks of going 200 miles an hour around a track with concrete walls, which is why I’ve had life insurance since the very start of my career. But that’s not the only reason I own it.

Reflections on My Time as a Penn Mutual Intern

By Bryn Freed | September 7, 2016

For as long as I can remember I hear people say “I have to go to work.” I say “I get to go to work” because I am extremely lucky to be a part of an amazing firm like Penn Mutual. Everyone I talk to tells me how much they love what they do and love Penn Mutual as a company.

Your Will is Just the First Step in Estate Planning

By Margaret Muldoon | August 30, 2016

If you are one of the 45 percent of people who have written a Will, congratulations! But it’s not enough just to have a Will in place. You also want to review the ownership of your assets to ensure everything aligns with your Will. There are a lot of moving parts that need to be considered so that your wishes are met.

Competitor Increase in Cost of Insurance Rates

By Raymond Caucci | August 23, 2016

A recent article by the New York Times, Why Some Life Insurance Premiums Are Skyrocketing, brought attention to an issue that I and Frederick Karp have been talking about for some time: Many stock insurance companies are raising the cost of insurance rates (COI) on their in-force universal life (UL) insurance policies. Penn Mutual, however, has never increased the current cost of insurance rates on in-force UL policies and has no intention of doing so.

Exploring the Future of Life Insurance at Google

By David O’Malley | August 16, 2016

I recently attended a gathering of insurance industry executives at Google’s headquarters in Mountain View, California. At the meeting, there was a broad consensus among us that the world is changing and the insurance industry needs to change with it.

What to Expect Financially When You’re Expecting

By Paul and Susana Tompkin | August 9, 2016

Having a baby is a big step, both emotionally and financially. A lot has been written about the everyday aspects of having a baby, but we thought it might be good to talk about the financial side of becoming a parent.

The Current Cost of Insurance on In-Force Policies: It’s About Trust

By Frederick Karp | August 2, 2016

Believe it or not, it was only in 1979 that “traditional” universal life (UL) insurance was first offered to the market, by E.F Hutton. No one in the 80s or 90s thought that underlying UL guaranteed interest rates of four percent would be challenging for companies to meet in 2015 and beyond.

The Rugby Business Network Sees Rapid Growth in the U.S.

By Colm Hannon | July 26, 2016

The Rugby Business Network (RBN) has come a long way in the six years since I started it here in the U.K., and I continue to be amazed by its growth. Recently, we have enjoyed a rapid expansion across the pond, thanks in no small part to the work of our key U.S. partner, Penn Mutual.