Carrier Name: Genworth Life
Does Carrier Provide Online eApplications? – Yes. Genworth accepts eApplications through an online tool called the Quick App.
What Genworth Life Insurance has to Offer – Genworth Life Insurance Products:
1). Term Life
- Temporary period of time 10-30 years
- No Cash Value
- Fixed for an initial period
- Guaranteed death benefit For length of term period coverage
2). Whole Life
- Provides lifetime coverage
- Guaranteed cash value
- Fixed premium flexibility
- Guaranteed lifetime death benefit
3). Guarantee Universal Life
- Up to a lifetime of overage
- Interest cash value accumulation crediting rate set by the insurance company
- Flexible Premiums
- Lifetime death benefit and coverage or "dialed down" to any length of coverage
4). Index Universal Life
- Up to a lifetime of coverage
- Interest crediting rate can be linked to the percentage change of an index
- Flexible premium options
- Death benefit guarantees typically range from 10-30 years