The Penn Mutual Life Insurance Company Introduces Its New Accumulation Builder ChoiceSM Indexed Universal Life Product

HORSHAM, Pa., Sept. 25, 2012 /PRNewswire/ -- The Penn Mutual Life Insurance Company announces its new Accumulation Builder Choice SM Indexed Universal Life (IUL) product that offers individuals and small business owners death protection, plus dynamic ways to build policy cash value that can help create a world of possibilities. 


Penn Mutual's financial strength continues to enable the development of products like Accumulation Builder Choice SM Indexed Universal Life.  This new IUL product has several distinct advantages:

  • Strong upside potential/downside protection to build policy cash value:  the interest credited is based on the performance of a market index which allows policyholders to participate in market-based growth potential without the risk of directly participating in the stock market.  Interest is credited annually up to a competitive cap, enabling upside market gains.  If the market declines, the product allows guaranteed annual interest of at least 1 percent.
  • Enhanced protection guarantee: a 30-year no-lapse guarantee on the death benefit is automatically included for those ages 55 and younger.  This no-lapse guarantee stays in place as long as premiums paid less any withdrawals exceed the required premium and there are no policy loans.
  • Diverse cash accumulation options: a choice of three indexed and two fixed accounts adds diversity and lets individuals or small business owners choose interest crediting strategies based on individual goals and preferences.  The flexibility of accumulation options and the ability to transfer between accounts allow policyholders to choose what is right for them based on cash flow requirements, risk tolerance and financial goals.

"Penn Mutual's new Accumulation Builder Choice SM IUL gives individuals and small businesses death protection and cash accumulation options with protection against future market volatility," said Ray Caucci, Vice President, Product Management for The Penn Mutual Life Insurance Company.  "This kind of permanent life insurance allows policyholders to diversify their growth potential and provides a number of new possibilities for needs such as enhancing retirement income, covering emergencies or pursuing a dream.  Penn Mutual believes that permanent life insurance, like Accumulation Builder Choice SM IUL, at the center of a sound financial plan can help individuals and small business owners guarantee protection, accumulate cash value and unlock possibilities at each stage of life."

For more information about Penn Mutual's Accumulation Builder Choice SM IUL, please visit

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 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 .

All guarantees are based upon the claim-paying ability of the issuer. Product and features may not be available in all states. Policy form numbers are ICC12-IFL and IFL-12. (Policy form numbers vary by state.)


©2012 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA  19044

SOURCE The Penn Mutual Life Insurance Company

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