FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
There are two basic types of life insurance to plan for life’s needs and goals, term life and permanent life. An easy way to understand the difference is to look at the names themselves. Term is a time-based solution similar to “renting” – as it runs out on a given date. Permanent is a lifetime solution similar to “owning” – as it stays with you, grows in value and can used throughout your life.
- What is your typical process for working with a new customer?
A Penn Mutual financial professional will: Ask questions - take the time to get to know you – to understand where you are now and where you want to be down the road, before making any recommendations. Help you assess your goals – Are they realistic? – and your tolerance for financial risk – How do you feel about market volatility? – in order to gain a better understanding of the kinds of investments that would be right for you. Work with your other advisors – for example, your CPA and attorney – to coordinate future plans with current programs already in place.
- What education and/or training do you have that relates to your work?
Your needs and goals will evolve as you move through each of life's stages. That's why it is so important to have a sound financial strategy that is flexible enough to meet the demands of today, while protecting against the uncertainty of tomorrow