Excerpt from Penn Mutal's Marketing Material – February 2009

Page 2 and 3 of the pdf show an example of Penn Mutual's bogus advice to its agents. Pages 4 and 5 show some classic "happy sales talk" from Mutual Trust Life (MTL), namely that this company will have financial performance that results in its policies being among the industry's top five (5). Pages 6 and 7 show the insipid and/or deceptive advice provided by IMSA (the Insurance Marketplace Standards Association), a virtual fraud upon the American public because its certifications that its members' sales practices were legally acceptable are absolutely laughable.