Penn Mutual
Encyclopedia
The Penn Mutual Life Insurance Company, also commonly referred to as Penn Mutual, was founded in Philadelphia, Pennsylvania in 1847. It was the seventh mutual life insurance company
Mutual insurance
A mutual insurance company is an insurance company which has no shareholders but instead is owned entirely by its policyholders. The primary form of financial business set up as a mutual company in the United States has been mutual insurance. Under this idea, what would have been profits are...

 chartered in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. It is headquartered in Horsham, Pennsylvania
Horsham, Pennsylvania
Horsham is a census-designated place in Montgomery County, Pennsylvania, United States. The population was 14,842 at the 2010 census. Horsham is located entirely within Horsham Township, and it is home to Naval Air Station Joint Reserve Base Willow Grove.In 2007, Horsham was named the 15th best...

 just outside of Philadelphia
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...

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