Effective November 5, 2012, the following changes will take effect on new Genworth Choice and California Choice Partnership Long Term Care Insurance business. This will not impact in force business.
Suspend sales of Lifetime (unlimited) benefits
Suspend sales of Limited pay options (10 pay and pay to 65)
Applications must be dated prior to Nov. 4, 2012.
Applications must be in this office prior to Nov. 7
Applications must be in Genworth's home office by Nov. 12.
No exceptions.
The top reasons for planning ahead for long term care are "not being a burden on others" and being "able to afford quality care in the setting I choose" and "protecting my loved one's quality of life and future security"
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