PHILADELPHIA, PA — The Penn Mutual Life Insurance Company has announced a record-setting $265 million dividend award for 2025 to its participating policyholders. This decision reflects the company’s strong performance and enduring commitment to its policyholders, marking another milestone in its over 175-year history of distributing dividends.
In a move that benefits all whole life policyholders, Penn Mutual will increase the interest rate component of its dividend scale to 6% for 2025, while the mortality and expense components will remain unchanged. This adjustment underscores the company’s focus on enhancing value for its clients through competitive returns.
Dave O’Malley, Chairman, President, and CEO of Penn Mutual, stated, “We’re proud to continue our over 175-year history of paying dividends to our eligible policyholders. This historic dividend award reflects how we continue to uphold our commitment to policyholders, our financial strength, and our position as a leader in life insurance.”
Policyholders can expect to receive their dividends on their policy anniversary dates in 2025, according to their chosen method of distribution. While dividends are determined annually and can change, this announcement highlights Penn Mutual’s robust financial standing and dedication to its policyholder community.
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