Insurer Spotlight: Penn Mutual Annuities and Company Basics

Published March 16, 2018
Penn Mutual, founded in 1847, is one of the annuity providers on Blueprint Income's platform.
  • 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.

Penn Mutual Annuities

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

  1. Penn Mutual – About Us
  2. Penn Mutual – Newsroom
  3. Penn Mutual – Financial Information

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.

penn mutual annuitiesFrom there, you’ll get access to our annuity guides, and a team of specialists to help you analyze your retirement finances and walk you through the application process.

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Lauren Minches

Lauren Minches

Financial Planning Professional

Lauren is an actuary by training with expertise in retirement, finance, and risk. She writes about annuities to make them easier to understand and evaluate. Her goal is to help people create retirements with more time for living and less time thinking about money.