Press Releases

Penn Mutual Introduces New Protection Whole Life

Guaranteed protection product strengthens comprehensive life insurance portfolio

HORSHAM, Pa. – April 4, 2023—The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, announces the introduction of Protection Whole Life (PWL), a permanent life insurance product that provides guaranteed lifetime protection at a competitive premium rate.

“As a leader in the life insurance industry, Protection Whole Life strengthens our ability to support diverse client needs, goals and budgets,” said Tom Harris, president of life insurance and annuities for Penn Mutual. “This newest addition to our life insurance product lineup can be a good fit for clients when protection, guarantees and the cost of coverage matter most.”

Protection Whole Life’s client-focused features include:

  • Guaranteed Protection - death benefit guaranteed to age 121
  • Guaranteed Premiums - payment amounts are set and guaranteed to never increase
  • Guaranteed Cash Value - accumulates tax-deferred and accessible income tax free at any time.

Protection Whole Life rounds out Penn Mutual’s trio of whole life products and reinforces the company’s commitment to offering some of the strongest guarantees in the industry.


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


©2023 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044

Jeff Leinen
Penn Mutual

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