<h3>Protection UL</h3>
Protection Universal Life (PUL) is a current assumption UL product that provides affordable, permanent death benefit protection plus cash value accumulation that can serve as a safety net for life&rsquo;s unexpected events.
Key benefits
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<h6>Offers more cash value accumulation than many protection universal life products</h6>
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<h6>Guaranteed death benefit with built-in no-lapse guarantee up to age 100</h6>
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<h6>Payment and death benefit flexibility, plus riders available</h6>
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Contact an expert
Get answers to your questions about product strategies and solutions.
Life Sales Desk <a href="mailto:lifesalesdesk@pennmutual.com" target="_blank">lifesalesdesk@pennmutual.com</a> 1-800-818-8184

State availability
Reference the chart below to determine state eligibility.
&nbsp;&nbsp;<a href="https://sas.pennmutual.com/secure-asset-service/file/delivery/gatewaycom/2021/t4481.pdf" target="_blank">Life Product State Availability Chart (T4481)</a>&nbsp;&nbsp;

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For financial professional use only.
All guarantees are based on the claims-paying ability of the issuer.
For National Version: Protection Universal Life (Policy form ICC19-PI-CUL) is a 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 may vary by state. Products and features may vary by state and may not be available in all states. This product is not available in New York.
For New York Version: Protection UL&nbsp;(Policy form PINY-CUL-20-R and PINY-CUL-20-U-R) is a universal life policy issued by The Penn Insurance and Annuity Company of New York, a wholly owned subsidiary of The Penn Mutual Life Insurance Company. This product is only available in New York.
Optional riders and benefits may be subject to eligibility and underwriting requirements, additional premium requirements and/or minimum or maximum coverage amounts. Availability and rider provisions may vary by state.
Accessing cash value will reduce your policy death benefit and values, may result in certain fees and charges and may require additional premium payments to maintain coverage. Clients should ask their financial professional for details on accessing their cash value, including how it might impact the coverage guarantees and situations when the values they access could be taxable. Clients should always consult a tax advisor prior to accessing a policy&#39;s cash value.
Any reference to the taxation of the products in this material is based on the issuing company&#39;s understanding of current tax laws. Penn Mutual, its subsidiaries and its representatives do not provide tax or legal advice. Clients should consult their tax advisor regarding their personal situation.
This material is intended to provide an overview of the product or concept described. All information, including product features, availability, rates and other provisions is believed to be accurate as of May 2025 and is subject to change without notice.

Protection Universal Life (PUL) is a permanent death benefit protection product offering affordable premiums with cash value accumulation that can serve as a safety net for life&rsquo;s unexpected events.

Protection Universal Life (PUL) is a permanent death benefit protection product offering affordable premiums with cash value accumulation that can serve as a safety net for life’s unexpected events.