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fixed annuities

Insurance Company Details

Penn Mutual Life Insurance Company

Company Profile

Company Information

Penn Mutual Life Insurance Company was founded in 1847 and is based in Pennsylvania. It was the seventh mutual life insurance company chartered in the United States. As a mutual company they are dedicated to serving their policyholders, not the whims of Wall Street. The company offers a variety of life insurance and annuity products, including: term life, whole life, universal life, variable universal life, and joint or survivorship life insurance products; fixed, variable, and immediate annuities. Penn Mutual continues to earn membership on A.M. Best's list of companies rated “A” or higher for 75 years.

Assets and Liabilities

Ratings

A+
(2nd of 15 ratings)
A+
(5th of 20 ratings)
Aa3
(4th of 21 ratings)
AA-
(4th of 21 ratings)
93
(percentile of rated companies)

Annuity Products Offered by Penn Mutual Life Insurance Company

There are currently no annuity products reviewed by AnnuityAdvantage for this insurance company.

Financial Data for the year ending December 31, 2022. Assets and Liabilities totals do not include amounts allocated to Separate Accounts. All ratings shown are current as of June 1, 2023