Genworth LTCi Changes in CA
Effective, November 15th, Genworth’s LTCi plans of insurance, both Partnership and non-Partnership, will make the following adjustments to new business on their policy benefits and features:
· Suspend Sales of Lifetime (Unlimited) Benefit Multiplier
· Suspend Sales of Limited Pay Options (10-Pay and Pay-to-65)
No other adjustments to coverage or increases in premium costs have been announced for these contracts at this time.