Genworth Financial was founded in 1871 as The Life Insurance Company of Virginia.
Today Genworth specializes in life insurance, retirement investments, long-term care insurance, fixed annuities, International Mortgage Insurance, residential mortgage loans, payment protection coverage, institutional and corporate-owned life insurance, accident insurance, health insurance, and disability insurance.
The company’s products are distributed through financial intermediaries, independent distributors, affinity groups, advisers, and sales specialists.
Genworth is publicly traded on the New York Stock Exchange under the symbol GNW, is a member of the S&P 500, is #257 in the Fortune 500, has 3,000 employees, and had $9.42 billion in revenue in 2013.
Genworth Financial is the largest insurer when speaking of long-term health care coverage, and with rates increasing rapidly, consumers are searching for other answers.
Genworth Financial maintains a corporate office in Richmond, Virginia.
Genworth Financial was founded in 1871 as The Life Insurance Company of Virginia.
Today Genworth specializes in life insurance, retirement investments, long-term care insurance, fixed annuities, International Mortgage Insurance, residential mortgage loans, payment protection coverage, institutional and corporate-owned life insurance, accident insurance, health insurance, and disability insurance.
History
The company’s products are distributed through financial intermediaries, independent distributors, affinity groups, advisers, and sales specialists.
Genworth is publicly traded on the New York Stock Exchange under the symbol GNW, is a member of the S&P 500, is #257 in the Fortune 500, has 3,000 employees, and had $9.42 billion in revenue in 2013.
Genworth Financial is the largest insurer when speaking of long-term health care coverage, and with rates increasing rapidly, consumers are searching for other answers.
Genworth Financial maintains a corporate office in Richmond, Virginia.
My father who has severe dementia entered a nursing home January 2022. My Father has been paying on his Long term health policy for 25 years and never missed a payment. We have not received a payment for his care since he entered. It has now been three months and we have paid out of pocket all this time. We get the run around every time we call. We have complied with all the numerous paperwork!!! We tried to make a Zoom appointment with Genworth/Care Scout and the nursing home’s director of nursing. They told them that they would call to make the appointment in 7 to 14 days. Why couldn’t they make the appointment with us while we were on the phone? My mother is partially blind and has to hire a driver to get to the nursing home to meet with the Director of nursing for this Zoom meeting. When she needed special eye equipment to take care of herself and my father when he was home they declined to pay for it. We appealed and they denied to pay for the equipment again. Now they are delaying payment for nursing home care. Genworth has made this process as difficult as possible at a time when our family needed help. Thomas McInerney….what if this was your father? You can be sure that if they had not paid on their policy for months that Genworth would have dropped them.
My client needed 2000.00 from his “adjustable life” policy to pay taxes BEFORE 1-31-20. I sent in the papers on his behalf and signed. Nearly 3 weeks later he gets a letter in the mail that says he can NOT get because it would reduce the “face amount” below what the policy is guaranteed for. He had asked for a “paid addition” amount. He had over 5446.00 in the acct. So we did NEW forms for a “loan” well, it took a month to get that. In the mean time he had been fined hundreds of dollars by the time he actually got his check which was on 3-20-20 !!!! Your company is a DISGRACE to the industry.
My client has been waiting since June to get a check. The first check came payable to her deceased husband, the 2nd check was sent to the old address, and waiting now 30 + days for a replacement check. what a joke, when dealling with finances. I do not think that Thomas McInerney would approve of this kind of customer service. Feel free to resond or contact us. The client is now 95 years old and not very happt with this company.
I’ve been attempting to cancel my long term policy since August 2, 2019. The first customer representative told me to fax a request. I did and was later told the fax needed to be signed. I complied. A second customer rep then told me the fax needed my wife’s signature also. On August 20, 2019 I complied. After all the delays and inadequate information, I would like to be reassured that my policy will be cancelled after the 5 business since August 21, 2019 as promised by the last customer rep I spoke to.
Thank you for your attention to this matter.