Your Family's Future Financial Security -- a Dream Worth Planning For.Penn Mutual Penn Mutual traces its beginning to 1847 when it became the seventh mutual life insurance company chartered in the United States. At the time of its organization there was a general distrust of stockholder-owned corporations so it was established as a mutual owned by its Supports Life Insurance Awareness Month HORSHAM, Pa. -- The Penn Mutual Life Insurance Company has announced its support of Life Insurance Awareness Month (LIAM), by encouraging families and business owners to take stock of their life insurance and know what to do should the unexpected occur. LIAM is a national initiative sponsored by The Life Insurance Foundation for Education (LIFE) and emphasizes the important role life insurance plays in protecting families. An astounding a·stound tr.v. a·stound·ed, a·stound·ing, a·stounds To astonish and bewilder. See Synonyms at surprise. [From Middle English astoned, past participle of astonen, 68 million adult Americans currently have no life insurance coverage, leaving them ill-equipped to handle the unexpected. Penn Mutual, through its financial professionals across the nation, will help consumers evaluate their life insurance needs and educate them on how to fulfill the dream of providing for the future financial security of their families. "With such a large portion of the American population inadequately prepared for the death of the primary breadwinner bread·win·ner n. One whose earnings are the primary source of support for one's dependents. bread·win  ning n. , it is
our responsibility to help consumers determine how much life insurance
they need and how to properly access it when the time comes Adv. 1. when the time comes - at the appropriate time; "we'll get to this question in due course"in due course, in due season, in due time, in good time ," stated Robert E. Chappell, Chairman and Chief Executive Officer of Penn Mutual. Even among those who do have life insurance, the amount of insurance may be too small to protect the financial future of loved ones loved ones npl → seres mpl queridos loved ones npl → proches mpl et amis chers loved ones love npl . In a recent study, it was reported that widows and widowers indicated an average period of four to five years before their financial circumstances returned to what they were at the time of their spouses' death. "A simple consultation with an insurance professional can avoid the turmoil, confusion, and uncertainty that often accompany the sudden death of a family member," Chappell said. "We are using this industry-wide campaign as a call to action for families and business owners to put a plan into place for life's unexpected events." About The Penn Mutual Life Insurance Company The Penn Mutual Life Insurance Company is the nation's second oldest mutual life insurer. Founded in 1847, the company provides life insurance and annuities through a national network of financial professionals who help clients meet their financial needs with confidence. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . Visit Penn Mutual on the Internet at http://www.pennmutual.com. About LIFE The Life and Health Insurance Foundation for Education (LIFE) was founded in 1994 in response to the public's growing need for information and education on life, health, disability and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. insurance. LIFE also seeks to remind people of the important role insurance professionals perform in helping families, businesses and individuals find the insurance products that appropriately fit their needs. To learn more about LIFE, please visit http://www.life-line.org. All facts are from research conducted by LIMRA LIMRA Life Insurance and Market Research Association (now LIMRA International, Inc.) International. 2007 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044 |
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