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Genworth Financial Companies: AM Best - A

Last Updated: December 27, 2010
 
Carrier Unique Product Highlights

Colony Term UL is Genworth's uniquely designed universal life insurance product that allows your client to choose periodic planned premiums for death-benefit guarantees that are comparable to term insurance premiums for the same periods. 

Flexible Premium

  • 1035 Exchange

  • Coverage Extension Benefit

  • Extended issue ages - Example, 30 year guarantee available up to age 65

   
 
Updated Genworth News
   
 
 
 
 
Preferred Best for No Nicotine Use
Available for occasional cigar smoker (12 or less per year) with negative urine tests
 
 
July 22, 2010
  Beneficiary Designations Reference Guidelines
 

Genworth created in 2009 and perfected in 2010 their 360 degree Life View. The Genworth Life View is a new underwriting approach allowing 1 out of 4 cases that are Standard or better an improvement on rate class.

 

Frequently Asked Brokers Alliance Question "What is Genworth's target market when considering illustrating them:"

 
  • Up Through $5MM of coverage

 
  • Through Issue Age 75

 
  • Preferred Best No Nicotine use through Table 4 mile / moderate impairment

 

Genworth's hot new top for 2010 - Colony Term UL - Brokers Alliance Approved

 
  • If you and your client are looking for the affordability of Term and the flexibility and Guarantees of Universal Life, Colony is the product you should illustrate. Call a Brokers Alliance marketer to run a few scenario's for you. Need sales ideas? Click Here

 

Give Colony Term UL a test drive by illustrating it against ING, WCL, Lincoln Benefit and Prudential at 1MM. The Colony Term UL outperforms these carriers at male ages 30, 25, 40, 45, and 50.  For the detailed breakdown, click here.

 

Genworth Annuities - If you are writing Genworth annuities you should know that for the SecureLiving Fixed series, the rates are increasing.

   
   
   

 

 
 
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