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Penn Rolls Out Accumulation Builder IUL

Offers significant benefits to policyholders

HORSHAM, Pa. – June 2, 2015 – The Penn Mutual Life Insurance Company (Penn Mutual) has announced today the release and immediate availability of their latest permanent life insurance product.

Accumulation Builder AdvantageSM Indexed Universal Life (IUL) is part of Penn Mutual’s strong and highly competitive life insurance product portfolio that meets the varying needs of prospective clients and policyholders across the nation. The new product features death benefit protection and opportunities to accumulate cash value through a choice of four indexed accounts and a fixed account option.

It also rewards policyholders for their loyalty with a 0.75 percent Guaranteed Policy Value Enhancement (“Guaranteed Bonus”). The Guaranteed Bonus is credited to the policy’s non-loaned, indexed and fixed account values as early as policy year 111 – substantially boosting policyholders’ long-term cash values.

Raising Caps & Floors

The guaranteed bonus is credited regardless of the performance of the policy so it has the effect of raising caps and floors on the indexed accounts by 0.75 percent. “With the launch of this latest product offering, Penn Mutual can boast a guaranteed bonus that is unsurpassed in the IUL marketplace,” says Andrew Martin, AVP of product development at Penn Mutual.

“Additionally, Accumulation Builder Advantage IUL offers some of the strongest guarantees in the IUL marketplace, coupled with other dynamic features designed to support the long-term financial goals of our policyholders.”
Other highlights of the Accumulation Builder Advantage IUL include:

  • Market-based upside potential (up to the cap) with the downside protection of a 1% floor
  • No-lapse guarantee of up to 30 years at no additional cost2
  • Chronic Illness Accelerated Benefit Rider automatically included on eligible polices at no extra costs at issue3
  • Flexibility to adjust premium payments and death benefits
  • Tax-deferred growth for policy earnings
It also rewards policyholders for their loyalty with a 0.75 percent Guaranteed Policy Value Enhancement

Martin explains, “By purchasing a product like Accumulation Builder Advantage IUL, our clients can have their protection needs satisfied, while also having access to cash accumulation potential to use throughout their lives.”


About The Penn Mutual Life Insurance Company
Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that purchasing life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life’s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible.

Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at


1. The onset of the 0.75% policy value enhancement will vary based on the age
2. The number of no-lapse years varies based on the age of the insured
3. In TX: Long-Term Care Illness Accelerated Benefit. Not available in CA, MD or WA