Optional riders will be dropped from Flex and Flex 2 products ![]()
As a leader in the long term care insurance industry, Genworth Life Insurance Company must make responsible decisions to position their organization for greater stability, financial health and future growth.
As a result of their latest risk profile evaluation, Genworth will remove optional Survivorship benefits from Privileged Choice® Flex and Privileged Choice® Flex 2 products, effective Monday, May 13, 2013.
In order to effect a smooth transition, please note the detailed transition rules below.
It is critical to follow the outlined rules as they will not make any exceptions.
Paper Applications:
5/13/13 Last valid Home Office Receipt Date for applications with Survivorship Benefit; must be received by 3:00PM EDT
5/13/13 Last valid Application Signed Date
NOTE: Quotes with Survivorship Benefit will not be available after May 12, 2013.
LTC App Wiz and LTC e-App:
5/12/13 Last day to submit applications with Survivorship Benefit via e-Tools
Must be received by 11:59 PM EDT
LTC Quick Request:
5/12/13 Last day to submit all electronic Quick Requests by 11:59 PM EDT
5/31/13 Quick Request Application Interviews must be complete
6/28/13 Last valid Home Office Receipt Date for Quick Request applications