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Penn Mutual Forms

Penn Mutual Forms

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Video instructions and help with filling out and completing Penn Mutual Forms

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Instructions and help about penn mutual forms

Alright, we are going to go through Penn Mutual in this video. We are going to cover a lot of ground as far as Penn Mutual's  whole life insurance product, the flexibility around the  PUA [Paid-up additions] Rider, their illustrated performance and then we also got our hands on some historical performance. So we can see how Penn Mutual policies, what they actually produced real-time performance over a span of 30 years. The policy we obtained was actually from 1990. So let's get into it. First thing is first, Penn Mutual for 2020 has a dividend rate of 6.1%. They have a variable loan rate at 5% and they are a direct recognition company. Now remember with a direct recognition company, the company will recognize the fact that we take out a policy loan and pay an adjusted dividend  rate to our borrowed funds. Some companies raise the  dividend rate on borrowed funds where others decrease the  dividend rate on borrowed funds. Here's how Penn Mutual works is they have a present dividend

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