Genworth: Exciting Product Enhancements to Privileged Choice® Flex 3 – Including Lower Costs and New Features!
Privileged Choice® Flex 3
Lower Costs and New Features.*
These are the kinds of
enhancements we think everyone will like.
As a long term care insurance leader, we take
continuous improvement seriously. The newly enhanced Privileged Choice® Flex 3
(Flex 3) helps improve affordability by lowering
rates and provides more consumer value with
new features.
Now with lower premiums!
*
Lower Rates
Reduced our base rates
up to 10%.*
Couple’s Discount
Available to
individuals whose spouse or partner is not applying
for coverage with them.
Refund of Premium
If a policyholder
passes away before age 65, their beneficiary will
receive the premiums paid minus any claims paid.
Informal Care
Benefit Option
Covers Homemaker and
Chore Care for up to 50% of your client’s
Daily/Monthly Home and Community Care Maximum.
Waiver of Premium
To get premiums even
lower, your clients can remove the Waiver of Premium
feature and save as much as 5%.
Increase Coverage
Option
Now your clients can
purchase a small policy and have the opportunity to
apply for more coverage later.
*Rates for the standard underwriting category and for 4%
and 5% compound inflation options were not changed.
Long Term Care Insurance underwritten by
Genworth Life
Insurance Company, Richmond, VA
This is a brief
product summary. Not all product features are shown;
significant product features are selected for
informational purposes only. Only the applicable
policy contains actual terms and conditions of
coverage. Features, benefits, riders and discounts
may not be available in all states. Terms and
conditions may vary by state.
FOR PRODUCER/AGENT
USE ONLY. NOT TO BE REPRODUCED OR SHOWN TO THE
PUBLIC.
