As filed with the Securities and Exchange Commission on July 31, 1997
Registration No. 33-87276
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-6
FOR REGISTRATION UNDER THE SECURITIES ACT OF 1933
OF SECURITIES OF UNIT INVESTMENT TRUSTS
REGISTERED ON FORM N-8B-2
POST-EFFECTIVE AMENDMENT NO. 3
Penn Mutual Variable Life Account I
(Exact name of trust)
THE PENN MUTUAL LIFE INSURANCE COMPANY
(Name of depositor)
600 Dresher Road
Horsham, Pennsylvania 19044
(Complete address of depositor's principal executive offices)
Richard F. Plush
Vice President, Products and Programs
The Penn Mutual Life Insurance Company
600 Dresher Road
Horsham, PA 19044
(Name and complete address of agent for service)
Copy to:
Richard W. Grant, Esq.
C. Ronald Rubley
Morgan, Lewis & Bockius LLP
Philadelphia, PA 19103-6993
It is proposed that this filing will become effective:
[X] Immediately upon filing pursuant to paragraph (b) of Rule 485.
[ ] On (date) pursuant to paragraph (b) of Rule 485.
[ ] 60 days after filing pursuant to paragraph (a) of Rule 485.
[ ] On (date) pursuant to paragraph (a) of Rule 485.
Securities Being Offered -- Individual Variable Life Insurance
Contracts. Pursuant to Rule 24f-2 of the Investment Company Act of
1940, as amended, the Registrant has registered an indefinite
amount of the securities being offered. Pursuant to Rule 24f-2 the
Registrant filed a Rule 24f-2 Notice on February 11, 1997 to
register securities sold during the year ended December 31, 1996.
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PART I
Information Required in a Prospectus
The Prospectus was filed on April 30, 1997 as Part I of
Post-Effective Amendment No. 2 to this Registration
Statement and is incorporated by reference.
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PART II
Information Required in Part II
Part II of this Registration Statement was filed on April
30, 1997 as Part II of Post-Effective Amendment No. 2 to
this Registration Statement and is incorporated by
reference except to the extent the section "Undertakings
To File Reports" is amended herein.
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Amendment to "Undertaking to File Reports"
The section "Undertakings To File Reports" is amended to read as
follows:
UNDERTAKING TO FILE REPORTS
Subject to the terms and conditions of Section 15(d) of the
Securities Exchange Act of 1934, the undersigned Registrant hereby
undertakes to file with the Securities and Exchange Commission such
supplementary and periodic information, documents and reports as
may be prescribed by any rule or regulation of the Commission
heretofore or hereafter duly adopted pursuant to authority
conferred in that section.
The undersigned Registrant represents that the fees and
charges deducted under the Last Survivor Flexible Premium
Adjustable Variable Life Insurance Policy, in the aggregate, are
reasonable in relation to the services rendered, the expenses
expected to be incurred, and the risks assumed by the Registrant.
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SIGNATURES
On its behalf and on behalf of Penn Mutual Variable Life
Account I, pursuant to the requirements of the Securities Act of
1933, The Penn Mutual Life Insurance Company certifies that it
meets the requirements of Securities Act Rule 485(b) for effectiveness
of this Registration Statement and has duly caused this Post-Effective
Amendment No. 3 to the Registration Statement to be signed on its behalf
by the undersigned thereunto duly authorized, and its seal to be hereunto
affixed and attested, all in the Township of Horsham and the Commonwealth
of Pennsylvania, on the 31st day of July, 1997.
{SEAL} The Penn Mutual Life Insurance Company
on its behalf and on behalf of Penn
Mutual Variable Life Account I
Attest: /s/ Laura M. Ritzko By: /s/ Robert E. Chappell
Laura M. Ritzko Robert E. Chappell
Chairman of the Board of Trustees
and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933,
this Post-Effective Amendment No. 3 to the Registration Statement
has been signed below by the following persons in the capacities
indicated on the 31st day of July, 1997.
Signature Title
/s/ Robert E. Chappell Chairman of the Board of Trustees
Robert E. Chappell and Chief Executive Officer
/s/ Nancy S. Brodie Executive Vice President
Nancy S. Brodie and Chief Financial Officer
/s/ Ann M. Strootman Vice President and Controller
Ann M. Strootman
JULIA CHANG BLOCH Trustee
*JAMES A. HAGEN Trustee
*PHILIP E. LIPPINCOTT Trustee
*JOHN F. McCAUGHAN Trustee
EDMUND F. NOTEBAERT Trustee
*ALAN B. MILLER Trustee
ROBERT H. ROCK Trustee
*DANIEL J. TORAN Trustee
*NORMAN T. WILDE, JR. Trustee
*WESLEY S. WILLIAMS, JR. Trustee
*By /s/ Robert E. Chappell
Robert E. Chappell, attorney-in-fact
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