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Section: Accumulation Builder Advantage Indexed Universal Life

Accumulation Builder Advantage Indexed Universal Life

Accumulation Builder Advantage Indexed Universal Life Basics

In all states EXCEPT NY, please click here to learn about our newest permanent life insurance product, Accumulation Builder Select Indexed Universal Life.

Accumulation Builder Advantage Indexed Universal Life is a permanent life insurance policy designed to provide you with:

  • Death benefit protection with premium flexibility
  • Strong policy cash value accumulation potential
  • Multiple ways to access the policy cash value 

Cash Value Accumulation

In addition to solid death benefit protection, Accumulation Builder Advantage Indexed Universal Life provides strong cash value accumulation potential with downside protection. You can build cash value in multiple ways, including:

  • Indexed Account options that offer attractive growth potential based on the performance (excluding dividends) of either the S&P 500® Index or the S&P Global Broad Market IndexTM, up to a competitive cap (maximum interest percentage) and guaranteed not to fall below 1 percent.1
  • A Fixed Account that earns a fixed interest rate that is locked in for 12 months and guaranteed never to fall below 1 percent per year.
  • A 12-month Dollar Cost Averaging Account that places funds in a fixed account that credits a competitive interest rate and then transfers a portion of the funds into the Indexed Account(s) each month2. Transferring funds into the Indexed Accounts over 12 months can help smooth out market fluctuations.
  • A Policy Value Enhancement that rewards you for your loyalty with a built-in annual enhancement to your non-loaned policy values that is automatically triggered when your policy reaches certain longevity milestones.

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.Accumulation Builder Advantage Indexed Universal Life provides the option to choose between two types of loan. You can choose the type that best meets your needs.

Contact a Penn Mutual Financial Advisor who can help you determine your needs and choose the right products for you. All information will remain strictly confidential.

All guarantees are based upon the claim-paying ability of the issuer. 

1 S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P®, S&P 500®, S&P Global BMITM are trademarks of S&P and have been sublicensed for certain purposes by The Penn Insurance and Annuity Company and its affiliates. The S&P 500 and S&P Global BMI are products of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by The Penn Insurance and Annuity Company and its affiliates. Penn Mutual’s Accumulation Builder Advantage IUL is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

2. The Dollar Cost averaging account is available for new premium allocations of only. A higher rate of return is not guaranteed.

3 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. Any reference to the taxation of life insurance products in this material is based on Penn Mutual’s understanding of current tax laws. Access to policy values may be taxable in certain situations. You should consult a qualified tax advisor regarding your personal situation.

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