Life Insurance
Life insurance is a contract that guarantees payment to a beneficiary after the death of the person who is insured. It can be used for a number of needs — including family protection, business planning, supplemental income and estate and charitable planning.
One of the most attractive features of life insurance is that its death benefit is free of federal income tax, and if properly structured, free of federal estate tax.
Types of life insurance we offer:Term Life Insurance
Term life insurance policies are designed to provide temporary protection at an affordable cost — particularly in the earlier years.Permanent Life Insurance
Permanent life insurance, including Whole Life, Universal Life and Variable Universal Life, provides coverage for an insured's lifetime and remains in force until the policy matures provided that the required premiums are paid.
Click here to have a Cedar Point/Penn Mutual Financial Professional help you with your planning process.
Please request a product brochure from a Cedar Point/Penn Mutual Financial Professional for further information regarding the products discussed.
This information should not be construed as tax advice applicable to each individual. Please consult a qualified tax advisor regarding your individual circumstances.
Investors should carefully consider the fund's objectives, risk, charges, and expenses before investing. Please refer to the prospectus, as it contains this and other pertinent information, carefully before investing.
All guarantees are based upon the claims-paying ability of the issuer. Annutiies and life insurance policies offered by Cedar Point are primarily provided by The Penn Mutual Life Insurance Company and The Penn Insurance & Annuity Company, a wholly owned subsidiary of Penn Mutual. Products and features may not be available in all states.
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