Can I transfer my policy to another person?

Asked 6 months ago
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

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