After a review of its U.S. Life Insurance businesses, Genworth has decided to suspend sales of all traditional life insurance and fixed annuity products, including Total Living Coverage, as of March 7, 2016, subject to applicable transition rules and required regulatory approval.
Effective Monday, March 7, 2016, the Genworth companies will no longer accept new applications for traditional life insurance and fixed annuity products, including: Asset Builder Index Universal Life II, Foundation Builder Index Universal Life, Colony Term, Total Living Coverage (TLC) and Annuity Secure Living series.
This change is effective for all states except Arkansas, South Dakota and Texas, where sales continue until appropriate regulatory notice and/or approval periods have run. Subsequent information will follow for these states.
AgentLink has several other drop ticket options.
Please email Cheri@agent-link.net for more information.
