Stories by Penn Mutual
By Penn Mutual | January 2, 2018
Purchasing a permanent life insurance policy for your kids when they’re young can offer a combination of affordably priced premiums and locked-in insurability for life. Permanent life insurance can also yield something else that may be even more important: cash value.
By Penn Mutual | December 26, 2017
One of the most important aspects of owning a small business is protecting your assets, and that includes the most valued members of your team. That’s where key employee insurance comes in.
By Penn Mutual | December 19, 2017
Going online to manage your money, check emails, plan your calendar or stay connected with friends and family eliminates paper trails, but it creates something else: digital assets. While digital assets may not have a physical presence, like a home or collectibles, you still need to make room for them in your estate plan.
By Penn Mutual | December 6, 2017
Buying life insurance in your 20s can yield some key benefits that you may lose out on by waiting to get covered. If you’ve been thinking about purchasing life insurance, but you’re not sure the time is right, here are five reasons not to put it off.
By Penn Mutual | September 12, 2017
The crowdfunding website GoFundMe says it has raised $4 billion for people in need, helping to build funds that go toward final expenses and raising money for surviving family members. While it’s great to see an outpouring of love and support for people in a time of need, I hope that people don’t come to see GoFundMe as a replacement for life insurance.
By Penn Mutual | August 1, 2017
Maintaining your business’s financial health is a lot like preserving your physical health; you need to schedule regular checkups to make sure everything’s running smoothly. With the year half over, it’s a good time to hit the pause button and assess how well your business is doing.
By Penn Mutual | May 30, 2017
Just as estate planning has changed in recent years, so has the use of life insurance in estate planning. Life insurance can effectively serve multiple purposes and objectives in an estate plan, and has more uses beyond simply providing a death benefit to pay estate taxes.
By Penn Mutual | April 26, 2017
Penn Mutual was recently one of six financial services firms that participated in a groundbreaking, industry-wide survey of agency culture. Diversity — of age, gender, ethnic background, and thought — is important to the future of Penn Mutual. The research conducted by FlexPaths presented a unique opportunity for us to explore whether we have been successful at building a culture of diversity at the agency level.
By Penn Mutual | December 13, 2016
About a year and a half ago, Penn Mutual implemented a Community Involvement Policy where full-time associates could use up to 8 hours of volunteer time each year. This has completely transformed Penn Mutual’s community outreach. It became a tangible indication that “giving back” was a top priority for the company.