Richmond, Va.-based Genworth Financial announced that its life insurance subsidiary is underwriting a new product that it says provides a flexible way to link the tax-deferred growth of an annuity with long-term care benefits.
Promoting the singular goal of making life insurance “affordable, predictable and accessible” to consumers, Genworth Financial announced a pair of new universal life insurance products.
Genworth Financial has introduced My Future, My Plan, a suite of long term care insurance plans created exclusively for AARP members in several U.S. locations, including Washington, D.C. and Virginia.
Sen. Herb Kohl (D-Wis.) has co-authored legislation to regulate long-term care insurance, following a hearing where the senator called for stronger consumer protections and greater transparency in the industry.
As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.