As a result of this change, planned premiums will increase an average of 5% with Genworth. Genworth should maintain its competitive position in this ever-changing pricing landscape. The bulletin will have all of the information in reference to the reprice and the transition rules. Below are the key dates to remember.
Key Dates Below:
- Monday, 8/27 – Our Term Life Quoting Engine & WinFelx Web will reflect the new rates.
- Friday, 9/14 – Final date to receive applications in Genworth’s home office
- Saturday, 9/15 – Applications received in Genworth’s home office on or after will receive new rates
- Friday, 9/21 – Final date for NY Reg 60 applications and LQR/iLQR (submitted prior to 8/27) to be received in Genworth’s home office