Penn Mutual Launches New Accumulation Indexed Universal Life


“AIUL offers its clients strong upside accumulation potential with downside protection against market losses,” said Tom Harris, president of life insurance and annuities for Penn Mutual. “It can be used as a source of additional retirement income or as a means to achieve personal and business financial goals through policy cash value. AIUL strengthens our industry-leading product portfolio and supports our unwavering commitment to helping people to become stronger.”

With guaranteed death protection paid to beneficiaries tax-free and without probate, AIUL offers the potential for cash value growth with a choice of accumulation options, including six indexed accounts that earn interest based on variations in the performance of the S&P 500® Index. These multiple accumulation choices allow for market-based growth potential without the risk of loss in value due to poor market performance.

AIUL includes a policy value enhancement feature that guarantees positive interest credit each year, regardless of the performance of selected indexed accounts. The product also offers flexibility and customization through 13 built-in and optional riders, which can help policyholders improve their coverage.

About Penn Mutual Life Insurance Company

For more than 175 years, Penn Mutual has been helping people grow stronger. Our expertly designed life insurance is essential for long-term financial health and empowers people to enjoy every day. Working with our trusted network of finance professionals, we take a long-term view and craft customized solutions for individuals, their families and their businesses. Penn Mutual supports its financial professionals with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, Member FINRA/SIPC. Visit Penn Mutual at

©2022 Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, Pennsylvania 19044

Jeff Leinen
Penn Mutual
[email protected]


All warranties are based on the issuer’s claims-paying ability.

Indexed Accumulated Universal Life Insurance (Policy Form ICC22-PI-IFL) is an indexed universal life insurance policy issued by The Penn Insurance and Annuity Company, a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Police form numbers may vary by state. Products and features may not be available in all states. This product is not available in New York.

Embedded and optional features (also referred to as coverage riders) may be subject to eligibility and underwriting requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and arrangements may vary by state.

Access to cash value will reduce your policy’s death benefit and values, may result in certain fees and charges, and may require additional premium payments to maintain coverage. Ask your financial professional for additional information about accessing your cash value, including the potential impact on coverage guarantees and certain circumstances in which the values ​​you access may be taxable.

The S&P 500 Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by The Penn Insurance and Annuity Company. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and such marks have been used under license by SPDJI and sub-licensed for certain purposes by The Penn Insurance and Annuity Company. This product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and none of these parties make any representation regarding the advisability of investing in this product(s). and assumes no responsibility for any errors. , omissions or discontinuations from the S&P 500 Index.

Any reference to product taxation in this document is based on the issuing company’s understanding of applicable tax laws. The issuing company and its representatives do not provide tax or legal advice. Please consult your tax advisor regarding your personal circumstances.

This material is intended to provide an overview of the product or concept being described. All information, including product specifications, availability, pricing and other terms is believed to be accurate as of the date of June 2022 and is subject to change.


SOURCE Penn Mutual Life Insurance Company


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