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With sufficient policy value, you may withdraw an amount equal to the premiums paid into the policy on an income tax-free basis. Genworth IUL products offer two types of policy loans.
Hear this out loud PauseDoes Genworth still sell life insurance? Genworth no longer offers traditional life insurance. The company sold its life insurance business to Protective Life Insurance in 2016. 3 It now focuses on long-term care insurance.
Genworth has agreed to settle a proposed class action involving certain long-term care policies. On February 15, 2023, the United States District Court for the Eastern District of Virginia approved a settlement docHubed between the parties in the Haney, et al. v. Genworth Life Insurance Company, et al.
Hear this out loud PauseGenworth usually makes a claim decision within 30 days of receiving all required information needed to complete the evaluation process.
Hear this out loud PauseIf you have questions directly relating to your policy/certificate or claim, please contact Customer Service at 888 GENWORTH (888 436.9678).
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Available Plans. Genworth no longer issues life insurance. Instead, it focuses on long-term care insurance.
2016: Genworth agreed to be acquired by China Oceanwide Holdings Group Ltd., a privately held, family-owned international financial holding company based in Beijing, for $5.43 per share or $2.7 billion.

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