The Penn Mutual Life Insurance Company Announces $1 Million Pledge to Continue Sponsorship of Vision 2020 Initiative

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The Penn Mutual Life Insurance Company is pleased to announce that it has committed $1 million to extend for an additional three-year term its sponsorship of Vision 2020, a national initiative created by the Institute for Women’s Health and Leadership at Drexel University College of Medicine to bring about significant progress in advancing equality and women’s leadership by the year 2020. Penn Mutual’s sponsorship extends into the year 2014.

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We support Vision 2020 because we can imagine a world where each and every one of us has the opportunity to reach our individual potential in ways that benefit all of us for generations to come.

The Penn Mutual Life Insurance Company is pleased to announce that it has committed $1 million to extend for an additional three-year term its sponsorship of Vision 2020, a national initiative created by the Institute for Women’s Health and Leadership at Drexel University College of Medicine to bring about significant progress in advancing equality and women’s leadership by the year 2020. Penn Mutual’s sponsorship extends into the year 2014.

Eileen McDonnell, president and CEO of Penn Mutual, and a committed National Advisor of Vision 2020 since 2009, said of last night’s announcement: “We support Vision 2020 because we can imagine a world where each and every one of us has the opportunity to reach our individual potential in ways that benefit all of us for generations to come. The ideas and initiatives coming from Vision 2020 make us proud of our participation.”

Penn Mutual’s support will enable Vision 2020—and the country as a whole—to move closer to accomplishing the following five national goals, which are to be attained by the year 2020, the centennial of the 19th Amendment:

  •     Achieve pay equity, so that equal pay for equal work will be the norm in America.
  •     Increase the number of women in senior leadership positions in American life to reflect the workforce talent pool and demographics.
  •     Educate employers about the value of policies and practices that enable men and women to share fairly their family responsibilities.
  •     Educate new generations of girls and boys to respect their differences and to act on the belief that America is at its best when leadership is shared and opportunities are open to all.
  •     Mobilize women in America to vote, with particular emphasis on a record-setting turnout in 2020, the centennial of the 19th Amendment.

Over the last few years, Penn Mutual has made great strides for women through other initiatives as well. Penn Mutual’s Worth initiative—dedicated to serving women, who have traditionally been vastly underserved by the financial services industry—offers educational resources and tools that advocate women take charge of their financial futures by considering the entirety of their value to home and family. Among these tools are the quarterly Worth newsletter, as well as the Worth Calculator, which allows a woman to measure her true economic value, including often-overlooked contributions like childcare, budget management and homemaking. For more information, go to http://www.WorthForWomen.com.

About The Penn Mutual Life Insurance Company
Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life’s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.

2011 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044.

About Vision 2020
Vision 2020 is a national project of the Institute of Women’s Health and Leadership at Drexel University College of Medicine focused on making equality a national priority through shared leadership among women and men. In 2010, Vision 2020 launched its decade-long action agenda to move America toward equality by inspiring and engaging new generations of women and men to finish the work of the suffragists who pursued women’s right to vote as fundamental to social and economic justice.
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Contact:     
Barb Parassio             
Karma                    
(215) 790-7813            
barbara(at)karmaverse(dot)com     

Keith Bratz
Penn Mutual
(215) 956-7907
bratz(dot)keith(at)pennmutual(dot)com

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Barb Parassio
Karma
215-790-7813
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Keith Bratz
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