A+ Rated

Penn Mutual Life Insurance Company

Leading provider of annuity solutions with 50+ years of experience

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Established

1847

Total Assets

$40 billion

Products

Experience

50+ years

Financial Strength Ratings

AM Best A+

S&P AA-

Moody's A1

Fitch Not rated

About Penn Mutual Life Insurance Company

Penn Mutual Life Insurance Company has been providing quality annuity solutions for 50+ years with $40 billion in assets under management.

178 years in business

Mutual company structure

Strong financial ratings

Conservative investment approach

Member-focused

Annuity Types Offered

Variable Annuities

Fixed Indexed Annuities

Fixed Annuities

Typical Rates & Fees

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Rates

Fixed Rate 4.5-5.5%

Indexed Caps 8-11%

Income Rider Rollup 6.5-7.5%

Fees

Annual Fee $40-50

Income Rider Fee 1.00-1.30%

Surrender Period 7-10 years

Company Details

Headquarters

Horsham, Pennsylvania

Founded

1847

Minimum Premium

$10,000

Issue Ages

0-85

Financial Ratings

AM Best A+

S&P AA-

Moody's A1

Fitch Not rated

These ratings indicate excellent financial strength.

Annuity Products from Penn Mutual Life Insurance Company

Explore our comprehensive range of annuity solutions

How to Compare: Check the boxes on any 2 policies below, then click "Compare Now" in the green bar that appears.

Fixed Indexed Annuity

Penn Mutual Guaranteed Fixed Annuity

Accumulation

3-10 year terms

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Variable Annuity

Penn Mutual Deferred Variable Annuity

Accumulation

Multiple investment options

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Fixed Indexed Annuity

Penn Mutual Index Annuity

Accumulation

Market-linked growth

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Immediate Annuity

Penn Mutual Immediate Annuities

Income Focus

Pension-style income

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Frequently Asked Questions

Penn Mutual Life Insurance Company offers Variable Annuities, Fixed Indexed Annuities, Fixed Annuities designed to meet various retirement income needs and goals.

Penn Mutual Life Insurance Company maintains strong financial ratings with an AM Best rating of A+, indicating excellent financial stability and claims-paying ability.

The minimum premium for Penn Mutual Life Insurance Company annuity products is typically $10,000, though this may vary by specific product and state regulations.