Choosing life insurance

Latest Stories

Navigating the Hidden Risks Emerging in the Indexed Universal Life (IUL) Marketplace

By Penn Mutual | August 5, 2019

New Indexed Universal Life (IUL) products are emerging in the marketplace and becoming increasingly popular. At first glance, these IUL products offer an opportunity for even more upside potential compared… Read More

The Hard Truth about “Buy Term, Invest the Difference”

By Penn Mutual | September 4, 2018

In the decades since the idea of “buy term and invest the difference” first gained popularity, we’ve learned that this approach doesn’t work so well in real life. Here is the hard truth of buy term and invest the rest.

Insurance Ratings: What Consumers and Policyholders Should Know

By Dave Raszeja | March 15, 2017

A.M. Best, a major insurance rating agency, affirmed Penn Mutual’s A+ ranking on March 8. The annual rating is a reflection of our mutuality and financial strength, and we are proud to have achieved a ranking of A or higher for the past 89 years. Here’s what this means for our policyholders and everyday consumers.

Is Your Employer-Provided Life Insurance Enough?

By Raymond Caucci | December 6, 2016

The group life insurance provided by your employer is certainly an attractive option. You get it for free (or for just the income tax on the economic benefit of coverage over $50,000), and there are no medical evaluations. But is this insurance really enough? There are five reasons that employer-sponsored group insurance may not be enough.

Life Insurance Doesn’t Have to Be So Scary

By Penn Mutual | October 25, 2016

Every year, Halloween brings out our fascination with scary things – witches, goblins, spiders, black cats, vampires and zombies. Should we include life insurance on the list of things that scare us?

We Must Explain Life Insurance in Simpler Terms

By Penn Mutual | October 11, 2016

40 percent of individual Americans do not own life insurance. And, it’s no wonder – people really don’t understand what life insurance is and what it can do for them. As an industry, our products can be complicated, and the language we use doesn’t help.

Effective Planning with Life Insurance – Avoid These Common Tax Traps

By Penn Mutual | July 12, 2016

Life insurance is a unique financial product that may provide needed liquidity during lifetime and upon death of the insured. The importance of life insurance is reflected in its favorable tax treatment. However, tax traps can frequently arise in structuring a policy and in common planning contexts.

How Much Insurance Do I Need? Determining Human Life Value

By Penn Mutual | April 26, 2016

People really need to buy life insurance up to their economic replacement value, otherwise known as their human life value. Determining your human life value is quite simple, and Penn Mutual has just launched an online calculator that can help you determine yours.

Understanding Indexed Universal Life (IUL) Insurance

By Penn Mutual | November 17, 2015

Indexed Universal Life (IUL) Insurance is becoming an increasingly popular choice for many people. LIMRA reports that IUL now represents the majority of all Universal Life premiums, at 52 percent, and 20 percent of all individual life premiums. Here’s what you need to know about IUL.

Six Questions You Should Ask When Buying Term Life Insurance

By Penn Mutual | September 9, 2015

One of the myths about term life insurance is that all term insurance is the same and that price is the only consideration in choosing a policy. That is not true.