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"Now that I have fully exhausted the 2 years of benefits from my
LTC policy, I have only one regret that I didn't purchase more coverage!" Paul F.
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Genworth Long Term Care Insurance
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Assets
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A.M. Best Rating
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Inforce LTCi Premium
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LTCi Market Entry
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$114B
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A+
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$1.79B
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1974
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Company Overview
Genworth Financial’s heritage goes back to 1871 when The Life Insurance Company of Virginia wrote its first policy. For more than 135 years, they’ve built an extensive family of financially solid, well-respected insurance companies and distribution partnerships around the globe. They are a publicly traded company with more than $114 billion in assets and a presence in more than 25 countries around the world. Genworth Financial is a component of Standard & Poor’s 500 Index of Leading U.S. companies and are ranked in the Fortune 500.
Genworth Long Term Care Insurance
The Genworth Long Term Care Insurance Division was a pioneer of long term care insurance in 1974 and ever since, it has been an industry leader. Genworth strives to have a simple claims process and has received very strong ratings for their claims paying ability. From 1974 to 2006, Genworth has paid nearly $3.3 billion in claims on home and community care and facility care for claimants ranging in age from 37 to 105 years of age.
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