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Mutual Trust Life Insurance Company

Website
Telephone
630-684-5461
Location
1200 Jorie Blvd
Oak Brook
IL
60523
US

Overview

Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock Company, develops, underwrites and services individual life insurance and annuities.  Known as "The Whole Life Company", our specialty is participating whole life insurance - the foundation of sound financial planning.

History

Mutual Trust was founded in 1904 on the principles of mutuality and policyholder participation.  Throughout the years we have continued to provide premier life insurance products designed to maintain value over time, and to provide our policyholders with protection and wealth management while maintaining excellent financial strength.

In 2015, mutual Trust became a wholly owned subsidiary of Pan-American Life insurance Group (PALIG).  PALIG is a leading provider of insurance and financial services throughout the Americas and has been delivering trusted financial services since 1911.

Financial highlights (2015)

  • Ratings
    • Received "A" (Excellent) rating upgrade from A.M. Best in September 2016
    • Assigned "A" rating by Fitch with a Stable outlook
  • Sales increased by 9% since merger with PALIG
  • Increased statutory capital & surplus from $132 million to 137.7 million (+4.3%)
  • Increased risk-based capital ratio from 563% to 600%
  • Announced increase to 2016 dividend scale despite continued low-interest rate environment, with approximately $8 million in dividends to be delivered to policyholders
  • Continued history of paying dividends since 1909

Distribution

  • Develops, underwrites and services individual life insurance and annuities
  • Licensed in 49 states and the District of Columbia (Products no available in New York)
  • Grew distribution force to include over 6,600 licensed independent agents in 2015

Home Office

Mutual Trust Life Insurance Company

1200 Jorie Boulevard

Oak Brook, IL 60523

 

Learn more at MutualTrust.com

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