Inforce Genworth Term Policies
If you have Genworth Financial or First Colony Life policies in your book of business that are coming to the end of their level-term period, you need to be aware that Genworth has made significant changes in their available options.
Conversion of these term policies may not be favorable to your client unless conversion is a last resort due to medical history. Also, Genworth will no longer pay first year or renewal commissions on conversions.