Looking for help on an old Genworth product

[MAnnuity]

Anyone have any details on an old Genworth product for sale in the Mid 80s? I believe it was called "Fund One" The one I'm looking at is a single premium policy, administered through Riversource. Supposedly there are only about 100 left inforce around the country and I have had no luck trying to track any info down from Genworth or Riversource.

I'm specifically trying to understand the calculation they use as to how to arrive at the death benefit, as it seems to be a base face amount plus some percentage/amount of the cash value.

Any insight would be greatly appreciated - a link, an old fact sheet, that might point me in the right direction!!

 

[Allen Trent]

Anyone have any details on an old Genworth product for sale in the Mid 80s? I believe it was called "Fund One" The one I'm looking at is a single premium policy, administered through Riversource. Supposedly there are only about 100 left inforce around the country and I have had no luck trying to track any info down from Genworth or Riversource.

I'm specifically trying to understand the calculation they use as to how to arrive at the death benefit, as it seems to be a base face amount plus some percentage/amount of the cash value.

Any insight would be greatly appreciated - a link, an old fact sheet, that might point me in the right direction!!

Do you have a recent statement or copy of the policy?

 

[MAnnuity]

Just a statement. I'll see if I can screen capture it.

 

[Newby]

Going from Memory, it seems like Genworth was first formed about 1999 or so. By Jack Welch of GE. Could be wrong but that's the first I remember hearing of it. But it was created by buying up other companies so maybe that was an older product they bought.