Perpetual Insurance

What is Perpetual Insurance?

Perpetual describes the policy period. Saucon Mutual provides insurance policies without an expiration date. A policyholder places a deposit with the Company. The deposit is determined by the coverage required. In return, the policyholder has comprehensive insurance protection without paying any annual premiums.

How does Saucon Mutual’s program differ from the kind of insurance we usually purchase?

The Perpetual Policy provides comprehensive insurance protection like many other insurance policies, but it also provides an excellent financial advantage. Other insurance companies charge an annual premium for their policies. With Saucon Mutual’s program, your deposit guarantees you will have the insurance coverage without annual premiums.

Saucon Mutual is not currently writing new perpetual insurance policies.  We are maintaining a large book of this type of business but have a moratorium on writing new accounts.