Insurer Spotlight: Penn Mutual Annuities and Company Basics
- Penn Mutual offers immediate annuities and fixed rate annuities
- Penn Mutual currently has $8.7 billion assets under management
- You can purchase an annuity from Penn Mutual with Blueprint Income
Penn Mutual Life Insurance Company which is operated as a mutual is currently ranked 799 on the Fortune 500 list. The company’s earnings before income taxes in 2016 was $279 million and balance sheet assets at year-end 2016 was $28.7 billion.
Products Offered by Penn Mutual
As a strongly rated insurance company, below are available Penn Mutual annuities currently offered:
|Type||Name||Minimum Initial Premium||Minimum Recurring|
|Immediate Annuity (a.k.a Single Premium Immediate Annuity)||Single Premium Immediate Annuity||$2,500||Not possible|
|Fixed Rate Annuity (a.k.a. Multi-Year Guaranteed Annuity)||Guaranteed Foundation Fixed Annuity||Not available||Possible, but minimum not available|
Read More About Penn Mutual
How Can I Purchase Penn Mutual Annuities?
At Blueprint Income, we offer annuities from more than 15 top rated insurance companies, including Penn Mutual. Click below to get real-time personalized quotes.