Latest Stories

Financial Planning for Long-Term Care

By Kevin Gianfortune | November 29, 2016

Make no mistake about it: Long-term care can be enormously expensive, so much so that it can throw the most carefully crafted retirement or estate plan out of whack. The average cost of care here in the Philadelphia area is around $7,000 to $9,000 a month for skilled nursing care, and the costs are much the same throughout the country. Elder care is also fraught with potential traps.

Once Again, Penn Mutual Increases Dividend Award

By David O’Malley | November 22, 2016

Penn Mutual announced its dividend award payout for 2017, which will be $58 million to our policyholders – an almost 21 percent increase from last year’s payout of $48 million. Since the financial crisis in 2008, Penn Mutual has increased or maintained its dividend scale every year. And over the past six years, Penn Mutual has increased the dividend award payout. Penn Mutual is the only company among other major whole life competitors that has not decreased its dividend scale in the post-recession era.

Raising Awareness of Men’s Health

By Michael Kelhower | November 15, 2016

It’s “No-Shave November,” where people forego shaving and grooming for a month, raising awareness about cancer and donating what they save in razors and waxing towards cancer research and education. At Penn Mutual, 83 men and women in our home office have chosen to give up shaving for a month, while the entire community has also decided to focus the month of November on the issue of men’s health.

Making the Transition from Military to Civilian Life

By Dennis Wilson | November 8, 2016

I joined the Navy for personal reasons. I had dropped out of college, and I felt lost. My great uncle told me stories about my grandfather and how serving in the Navy had changed his life. My mom was against it, but joining the Navy turned out to be the best decision I ever made. Then it came time for me to leave the military and rejoin civilian life.

The Seven Ps that Will Change Your Life

By John Laurito | November 2, 2016

Success is all about the small differences. Most people think being a top performer means you have to do things two, to three or four times better than average, which is simply not true. I was recently asked to speak with our Penn Mutual interns as part of their training curriculum. Here is what I told them about planning for success.