Genworth CEO Resigns

[csalter]

Low interest rates are effecting every carrier, not only Genworth.

`I know that I am no insursance person, but I stated I had heard of rate increases from Genworth about a week ago from my agent and you did get on me for it. However, you don't seem to dispute it here. Mr. Rudnick, I don't dispute your knowledge in this field, but as an educator, even I can learn something from my students from time to time.

No need to comment on it. It was just an observation on my part.

 

[ikeman07]

Genworth LTC premiums are so much lower than the rest of the industry that it makes me nervouse to recommend it.

 

[billberry12]

I have no dog in this hunt, as we say down south, but if Genworth has the lowest rates, and periodically it has rate increases, that tells me that at least they are TRYING to give the best value possible to the consumer.

This is a crazy business, but if you are a healthy couple under 65 and want 5% compund inflation coverage, Genwoth is the best deal in town. They could have a few rate increases over the years, and still be a value. Of course, this is just my opinion.

 

[Arthur Rudnick]

Genworth LTC premiums are
so much lower than the rest of the industry that it makes me nervouse to recommend it.

Depending upon age, health & benefits, Transamerica & Mutual of Omaha can sometimes be less expensive than Genworth.
And, there may be other carriers out there that are less as well.

 

[ltcadviser]

Depending upon age, health & benefits, Transamerica & Mutual of Omaha can sometimes be less expensive than Genworth.
And, there may be other carriers out there that are less as well.

Mass Mutual is often times best for healthy applicants in the State of Washington.

 

[Arthur Rudnick]

Mass Mutual is often times best for healthy applicants in the State of Washington.

I'm in NY, Washington is too long a trip for a face-to-face appointment.

 

[billberry12]

Oh come on Arthur, you can deduct the mileage.

 

[ltcadviser]

I'm in NY, Washington is too long a trip for a face-to-face appointment.

Well I agree but I wrote 2 Oregon policies and a Hawaii policy this week.

 

[Mr_Ed]

Well I agree but I wrote 2 Oregon policies and a Hawaii policy this week.

Hawaii is the only state in which I am willing to do a face to face appointment.

;-)

 

[ltcadviser]

Hawaii is the only state in which I am willing to do a face to face appointment.

;-)

I offered to personally deliver their policy.