Penn Mutual's Possibilities Podcast

Meg Muldoon, Penn Mutual’s assistant vice president of advanced markets, and Zach Levine, Penn Mutual’s director of advanced markets, explain common estate planning misconceptions and talk about the tools financial professionals can use to help navigate ongoing planning activities with their clients. View resources or contact an expert anytime on the Estate Planning section of Penn Mutual Gateway [https://gateway.pennmutual.com/sales-and-marketing-strategies/estate-planning]. This podcast is for educational purposes only and should not be considered specific tax, legal, investment or planning advice and may not be appropriate for all clients. Guests' views, comments, and opinions on products, services, or strategies do not necessarily represent the views of or imply endorsement by The Penn Mutual Life Insurance Company or its affiliates. Clients should consult with their financial professional and other trusted advisors for guidance based on their circumstances. Product availability, benefits and provisions vary by state. NOTE: Any discussion of investing involves risk, including potential loss of principal. Past performance is no guarantee of future results and any hypothetical examples provided are not intended to predict actual results. Actual results will vary. For financial professional use only. 3769613CC_SEP23

Heather Yonosh, vice president of product development and pricing at The Penn Mutual Life Insurance Company, talks about some key advantages of Protection Variable Universal Life — a variable product with guaranteed lifetime protection, potential for cash value growth that can build more death benefit and top-tier competitive rankings for single and short pay guaranteed death benefit premiums. Protection VUL is offered only through registered representatives of approved broker dealers. Financial Professionals should visit the Penn Mutual Gateway for complete product and competitive details. All guarantees are based on the claims-paying ability of the issuer. Investors should consider the investment objectives, risks, charges and expenses of a variable insurance product carefully before investing. Please carefully read the prospectuses for the relevant variable insurance product as well as its underlying investment options, which contain this and other information about the product. Protection Variable Universal Life (Policy form ICC21-PI-VFL) is a flexible premium, variable universal life insurance policy offered by the Penn Insurance and Annuity Company, a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Policy form numbers vary by state. Product and features may not be available in all states. This podcast is for educational purposes only and should not be considered specific tax, legal, investment or planning advice and may not be appropriate for all clients. Clients should consult with their financial professional and other trusted advisors for guidance based on their circumstances. All references to Vanguard Funds (collectively "funds") in this presentation refer to the Vanguard subaccount options available exclusively through Penn Mutual's Protection Variable Universal Life which are not available for purchase outside of this product. For financial professional use only. 3626377DP_Jun23 3626470CC_Jun23

Andrew Champi, director, product strategy and competitive analysis at The Penn Mutual Life Insurance Company, explains driving forces behind the company’s successful Indexed Universal Life product chassis — and while results cannot be guaranteed, Penn Mutual remains committed to a philosophy that helps ensure its IUL products remain competitive while providing industry-leading downside protection to help products provide consistent returns in all market scenarios. Penn Mutual offers a guaranteed 2% annual floor with the Accumulation Builder Flex IUL High Floor account — the only currently available account offering a 2% guaranteed annual floor.  Penn Mutual has also offered a 2% guaranteed annual floor on a variety of individual and survivorship products no longer available for sale. Financial Professionals should visit the Penn Mutual Gateway [https://gateway.pennmutual.com/products/universal-life/accumulation-builder-flex-indexed-universal-life] for complete product and competitive details, plus see the marketing piece [https://sas.pennmutual.com/secure-asset-service/file/delivery/gatewaycom/2021/t4501.pdf]referenced in this podcast. Andrew Champi is director, product strategy and competitive analysis at The Penn Mutual Life Insurance Company, and has been with the company for over 11 years. He leads the team responsible for our life and annuity competitive analysis and works with our product management team to drive our life and annuity product strategy to market. All guarantees are based on the claims-paying ability of the issuer. Accumulation Builder Flex IUL (Policy form ICC18-PI-IFL) is an indexed universal life insurance policy issued by The Penn Insurance and Annuity Company, a wholly owned subsidiary of The Penn Mutual Life Insurance Company. Policy form numbers may vary by state. Products and features may not be available in all states. This product is not offered in New York. Built-in and optional features (also known as coverage riders) may be subject to eligibility and underwriting requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and provisions may vary by state. Any reference to the taxation of the product in this material is based on the issuing company’s understanding of current tax laws. The issuing company and its representatives do not provide tax or legal advice. Please consult your tax advisor regarding your personal situation. This podcast is for educational purposes only and should not be considered specific tax, legal, investment or planning advice and may not be appropriate for all clients. Clients should consult with their financial professional and other trusted advisors for guidance based on their circumstances. Product availability, benefits and provisions vary by state. For financial professional use only. 3576040CC_JUN23

Hear financial professional Jason O’Dell discuss how he’s used his expertise and relationship building to excel in the hard-to-reach physicians market for more than 25 years. Tap into these valuable Penn Mutual platforms to build your business and enhance your clients’ experience: ·Accelerated Client Experience (ACE) [https://gateway.pennmutual.com/ace] ·         Penn Mutual Gateway [https://gateway.pennmutual.com/] ·InSight [https://insight.pennmutual.com/#/myclients/search/result/] Guests' views, comments, and opinions on products, services, or strategies do not necessarily represent the views of or imply endorsement by PML or its affiliates. This podcast is for educational purposes only and should not be considered specific tax, legal, investment or planning advice and may not be appropriate for all clients. Clients should consult with their financial professional and other trusted advisors for guidance based on their circumstances. Product availability, benefits and provisions vary by state. NOTE: Any discussion of investing involves risk, including potential loss of principal. Past performance is no guarantee of future results and any hypothetical examples provided are not intended to predict actual results. Actual results will vary. For financial professional use only. 3343636CC_Nov22

Hear about a refreshing brand approach that will set The Penn Mutual Life Insurance Company apart from the category clichés, yield the industry’s “best suite of product marketing collateral” and frame a new collection of “higher level” print and digital brand assets—all while staying true to Penn Mutual’s core belief that the right life insurance helps people get stronger today—not just down the road. This podcast is for educational purposes for the benefit of financial professionals. All opinions about the website described in this podcast represent the views of The Penn Mutual Life Insurance Company. For financial professional use only. 3406658CC_JAN23