Guaranteed Choice Whole Life Ranks #1 for Income

Guaranteed Choice Whole Life Ranks #1 for Income

Take a look at the PML Competitive Edge to see how Guaranteed Choice Whole Life with the Overloan Protection Benefit Rider outperforms the competitions’ optimum retirement income designs.

Penn Mutual’s Overloan Protection Rider supports stronger retirement income by ensuring the policy will remain in force as a reduced-paid-up policy if the loan-to-surrender ratio exceeds 99%.* Guaranteed Choice also offers:

  • Strong premium, death benefit and growth guarantees
  • Custom policy payment periods from 5 years to the insured’s attained age 100
  • A preferred loan provision that allows clients to access cash value through loans at a lower cost beginning in year 11
  • A wide array of available riders – including two Paid-Up Additions riders.

Additional Comparisons

Visit the Adviser Materials tab on the Guaranteed Choice Whole Life page to see additional comparisons that demonstrate the product’s competitiveness across all key measures.

Get the competitive edge with Guaranteed Choice Whole Life today.

Questions?  Please contact Nicole Anderson our Illustration and Product Research Specialist 845-495-5000 x 207 or via email

*The Overloan Protection Benefit Rider must be elected at issue, the policy must be in effect for at least 15 years and the insured must be age 75 or older.

Optional riders and benefits may be subject to eligibility and underwriting requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and rider provisions varies by each state.

All guarantees are based on the claims-paying ability of the issuer. Guaranteed Choice Whole Life is a permanent life insurance policy offered by The Penn Mutual Life Insurance Company. Product or features may not be available in all states. Policy form numbers ICC13-TL and TL 13. Policy form numbers may vary by state. Accessing cash values will reduce the death benefit and policy values.

For Adviser Use Only