Press Releases

Penn Mutual Introduces New Accumulation Indexed Universal Life

Product offers consumers protection, flexibility, cash accumulation potential

HORSHAM, PA – July 6, 2022—The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, announces the introduction of Accumulation Indexed Universal Life (AIUL), a permanent life insurance product providing protection and cash accumulation potential backed by more than 175 years of financial strength.

“AIUL offers 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 supplemental retirement income or as a way to achieve business and personal financial goals through the policy’s cash value. AIUL strengthens our industry-leading product portfolio and supports our unwavering commitment to helping people get stronger.”

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

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


About The Penn Mutual Life Insurance Company

For more than 175 years, Penn Mutual has been helping people get stronger. Our expertly crafted life insurance is vital to long-term financial health and strengthens people’s ability to enjoy every day. Working with our trusted network of financial professionals, we take the long view, building 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 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044

Jeff Leinen
Penn Mutual

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