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![]() Penn Mutual term life insurance plans were created to meet different financial planning objectives. The company’s current A+ rating from AM Best continued its 95 consecutive years of being rated A or better by the insurance ratings agency. These rating agencies perform extensive analysis to determine each insurer’s financial strength and claims-paying ability.Ī rating is not a guarantee of financial strength, but it can be considered a reliable indicator of how a company will perform in the future. Penn Mutual Financial ratingsĬonsidering the financial strength ratings from independent agencies like A.M Best, Duff & Phelp’s, Fitch Ratings, Standard & Poor’s, and Comdex is vital. They rely on a vast network of independent agents throughout the United States to sell policies to individuals and their businesses. Penn Mutual has subsidiaries which include Penn Insurance and Annuity Company, Penn Mutual Life Insurance Company, Longevity Insurance Company, and Vantis Life Insurance Company. Penn Mutual is a mutual company, which means that it is owned by its policyholders, not shareholders. ![]() The Penn Mutual Life Insurance Company is a Fortune 1000 company officially founded in 1847 in Philadelphia, Pennsylvania. ![]()
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