Why Penn Mutual

Latest Stories

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.

Choosing to Lead: Penn Mutual Aims to be Top Ten in Life Insurance Sales by 2025

By Eileen C. McDonnell | January 10, 2017

Penn Mutual has moved from the 38th to the 17th position in new life sales since the “Great Recession”. Now we are laser focused on breaking into the top ten by 2025!

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.

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.

Five Reasons Why Advisors Love Penn Mutual

By William Stevens | January 19, 2016

Penn Mutual has been in growth mode for several years and continues on that path with a very focused strategy. We’re steadfast and focused on growing our career distribution channel, and I encourage anyone considering a job or career change to take a close look at working with Penn Mutual.

Reflections on Competitor Increases in Cost of Insurance Rates

By Raymond Caucci | December 15, 2015

While Penn Mutual is subject to the same pressures as other insurance companies, and has the contractual right to change non-guaranteed product charges, we have never raised cost of insurance rates on previously purchased policies and have no plans to do so.

Life Insurance Dividends and Financial Strength

By David O’Malley | November 12, 2015

Penn Mutual will be declaring its annual dividend on November 20. We’ve paid a dividend every year since we were founded in 1847, a solid history that has served our policyholders well.

Do You Understand Your Life Insurance Dividend?

By Raymond Caucci | March 26, 2015

Over the last 168 years, Penn Mutual has consistently paid a dividend each year to our participating whole life insurance policyholders.

Advisor Perspective: Why We Do Business with Penn Mutual

By Joshua Coleman | December 16, 2014

My family and I operate a consulting company that helps high net worth families and business owners with advanced financial planning.