Death Benefit

Latest Stories

Dispelling the Myths of Life Insurance

By Michael Kane | September 18, 2018

Myths and fairytales are all well and good when we’re kids, but there may be some myths about life insurance that are preventing you from taking full advantage of its many benefits.

The 4 Discussions You Must Have About Life Insurance

By Al Dickens III | September 11, 2018

People don’t fully understand all that life insurance can do for them while they are alive. As a result, they miss out on the numerous benefits that make up what many have discovered to be “The Miracle of Life Insurance.” Sure, life insurance is best known for its death benefit protection, but that is often where the conversation seems to end. It is now time for everyone to resume the conversation regarding life insurance.

How to Manage Money Through Grief

By Ande Frazier | June 27, 2018

The pain of losing a spouse is unimaginable, and it’s a loss that you can never be ready for. When that loss is coupled with having to make financial decisions, this can make for a very overwhelming process. The good news is there is a path forward.

5 Reasons to Buy Life Insurance in Your 20s

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.

GoFundMe Doesn’t Replace Planning – or Life Insurance

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.

Why Buy Life Insurance After Age 65?

By Raymond Caucci | February 1, 2017

While life insurance is sometimes seen as something only young people need – when someone has a young family, a mortgage, and an income to protect – people over age 65 are increasingly looking to buy life insurance. Here’s why that makes sense.

How Much Insurance Do I Need? Determining Human Life Value

By Allan Sternberg | 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.

Five Reasons to Give the Gift of Life Insurance

By Raymond Caucci | June 9, 2015

When someone is graduating from high school or college, or getting married, this is a great opportunity for a parent or a grandparent to purchase life insurance on the individual.

Do You Need Life Insurance When You Retire?

By Raymond Caucci | February 10, 2015

The traditional thinking about life insurance is that you only need life insurance when you have an income to protect, when you have a mortgage, or when you have kids to support. Once you hit 65 and retire, says the myth, you don’t need life insurance. That is not true.

How Life Insurance Made a Difference in My Life

By Kate Ruffing | November 25, 2014

Penn Mutual recently held a contest on Facebook, asking people to share their stories about how life insurance had made a difference for them. I was happy to share my own story, because I think people need to know how important life insurance can be.