In conjunction with the diverse suite of available sub-accounts, the indexed fixed accounts offer clients the ability to customize and align cash value growth potential with personal risk tolerance at different stages of life. The Diversified Advantage VUL provides enhanced diversification and flexibility, allowing consumers to allocate to a host of varying investment options, including the addition of 2 unique indexed fixed accounts.

In addition to providing an income-tax-free death benefit, the IUL also provides top-tier competitive cash value growth that consumers can access through loans or withdrawals at any time. The new product offers five diverse indexed account options – each with a variety of built-in guarantees – designed to perform uniquely across multiple market scenarios. The Accumulation Builder Flex IUL presents a tax-efficient, flexible death benefit solution that provides consumers strong upside potential with guaranteed downside protection, including a guarantee of at least 1% interest growth. The Accumulation Builder Flex Index Universal Life (IUL) and Diversified Advantage Variable Universal Life (VUL) products equip consumers with robust allocation options and propels Penn Mutual forward as a strong competitor in the market with an emphasis on new and unique indexed accounts. HORSHAM, Pa.-( BUSINESS WIRE)-Penn Mutual recently released two new universal life products, expanding on its comprehensive portfolio.

Penn mutual accumulation builder ul