Penn Mutual Life Insurance Companybenefits

Penn Mutual Life Insurance Company's benefits plans covered 1,593 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $887,451. Insurance brokers and agents were paid $244,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.6% of premiums. That is $154 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $290,865 in 2023.