Can I transfer my policy to another person?
Yes, it is possible to transfer your policy to another person under certain circumstances. However, it depends on the type of policy you have with Penn Mutual and the terms and conditions outlined in your contract. If your policy allows for ownership transfer, you will need to contact Penn Mutual's customer service or your financial advisor to initiate the process. They will guide you through the necessary steps and provide all the required paperwork and documentation. Keep in mind that transferring a policy may have specific eligibility criteria, such as the new policyholder meeting certain age and health requirements. It is crucial to review your policy carefully and consult with the Penn Mutual team for personalized advice on transferring your policy to another person.
Answered Nov 2, 2023
Need further help?
Type out your followup or related question and we will get you an answer right away.
Need to call Penn Mutual?
If you need to call Penn Mutual customer service, now that you have the answers
that you needed, click the button below. You can either call them on your phone or use our
free AI-powered phone to dial for you, get a rep for you, and more.
Call Penn Mutual