Menu for the “Individuals & Families” section.
This product is not available in New York. Please click here to learn about the indexed universal life product available in New York.
Accumulation Builder Select Indexed Universal Life is a permanent life insurance policy offering:
Cash Value Accumulation
In addition to solid death benefit protection, Accumulation Builder Select Indexed Universal Life (IUL) provides strong cash value accumulation potential with downside protection. Accumulation Builder Select helps you build cash value in multiple ways, including:
Plus Accumulation Builder Select includes two guaranteed features specifically designed to help maximize the policy’s cash value accumulation potential.
Complete Access to Your Cash Value
You have complete access to your policy cash value and can withdraw or borrow funds from your policy for any reason—in most cases, income-tax-free.1
All guarantees are based upon the claim-paying ability of the issuer.
Contact a Penn Mutual Financial Adviser who can help you determine your needs and choose the right products for you. All information will remain strictly confidential.
1 Accessing cash values may result in surrender fees and charges, may require additional premium payments to maintain coverage and will reduce the death benefit and policy values. Making loan repayments can help protect the policy death benefit and values. Loans are income-tax-free as long as the policy is not a “Modified Endowment Contract” (MEC) and the policy remains in effect until death. Withdrawals may be taxable, and can cause the policy to become a “MEC.” You should consult a qualified tax professional for tax advice based upon your own personal situation.
2 The S&P 500 and S&P Global Broad Market Index are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and have been licensed for use by The Penn Insurance and Annuity Company and its affiliates. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI. Accumulation Builder Select IUL is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 and S&P Global Broad Market Index.
3 This account is available for new premium allocations ultimately destined for allocation to one or more indexed accounts. A higher rate of return is not guaranteed.