On August 17, 2015, Genworth Life Insurance Company (Genworth Life) will be increasing the Total Living Coverage® (TLC) credited interest rate from 3.60% to 3.85% on new policies.
This change will not affect the TLC product available in CA, HI and NY.
The TLC Advantage
With this product update, TLC will have an average advantage of 30% higher leverage on both long term care and life insurance benefits than the leading competitor through the insured’s attained age of 87.* TLC offers, on average, higher credited interest rates, stronger guarantees and better protection than its leading competitors. That means more value for your clients.