The Penn Mutual Life Insurance Company is a mutual life insurance company. The Company offers life insurance, annuities and investment products. The Company's segments include Individual Life Insurance, Annuities, and Other. The Company's Individual Life Insurance segment includes individual whole life insurance and individual term life insurance. The Company's Annuities segment includes fixed and variable annuities. The Company's Other segment includes mutual funds and investment advisory services. The Company provides its services to individuals and small businesses through a national network of financial professionals. The Company's subsidiaries include Hornor, Townsend & Kent, Inc. (HTK), which is a securities broker-dealer, and Vantis Life Insurance Company (Vantis), which is a life insurance company. The Company's products and services are distributed through a network of financial professionals.