Penn Mutual Annuities
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Penn Mutual was founded in Philadelphia, Pennsylvania in 1847. Since their founding over 170 years ago, they've remained a mutual company. They offer immediate, fixed, and variable annuities, along with term and permanent life insurance.
Updated July 11, 2026
A.M. Best
A+
Superior
S&P
A+
Strong
Moody's
Aa3
Very Strong
Comdex
93
out of 100