Effective February 27, 2012, the Genworth Financial companies are making the following changes to the GenGuard® UL, GenGuard® and SG II products.
Carriers are taking actions to address the challenge of a sustained low interest rate
environment. Several competitors have made similar product changes or exited the
secondary death-benefit guarantee market completely.
Genworth remains committed to providing affordable universal life insurance
solutions that fit your client's needs and budget. Together we will continue to work
to grow your UL sales. Despite the
challenges associated with a historic low interest rate environment, these changes
reflect our commitment to the universal life / death-benefit guarantee market.
Please click here to see these important product changes
As you can see, rates are going up on the no lapse guarantee UL market. This could be a fire sale opportunity to lock in the lowest guaranteed premiums for your customers.
Act Today!!
If you have a case that Shaw American needs to quote, please don't hesitate to call us.