Genworth Life and Annuity Insurance Company

Genworth Financial
Type Public (NYSE: GNW)
Industry financial services
Founded May 2004
Headquarters Richmond, Virginia
Key people Michael D. Fraizer,
Chairman/CEO
Products annuities, combination products, investment services, life insurance, long term care insurance, medicare supplement insurance, mortgage insurance, and payment protection insurance

Employees

~6,000 (2009)

Lines of Insurance:
Long Term Care, Life

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Type of Insurance Company: Stock

Company Overview:

Company History: Once a part of General Electric, Genworth went public in 2004.

Principal Methods: Independent agents nationwide.

Life Annuity Business:

Genworth Life and Annuity Insurance Company
  • Genworth sells Term
  • Whole
  • Universal and Variable Life policies
  • Variable
  • Fixed and Immediate Annuity policies

Homeowners Business: Genworth sells Homeowners insurance. .

Special Business: Genworth sells Employee Benefits packages.

Genworth Life and Annuity Insurance Company Rating: Best Insurance Reports: A+

Company Financial Status:
Assets & Premiums: 2006 Revenues: $11 Billion
2006 Assets: $111 Billion
Standard & Poor's rating: AA-
Moody's rating: Aa3
Fitch rating: AA-

Genworth Life and Annuity Insurance Company is a financial services company which aims at secure lives of people financially and their future along with families. It is a fortune 500 financial security company, which has strong commitment to improve the world just by investing in those organizations that will bring out a difference in the society. It was first founded in the year 1871 has The Life Insurance Company of Virginia. Its headquarters are located in Richmond of Virginia, USA.

History

Genworth Life Insurance Company, though it was first founded as The Life Insurance Company of Virginia, later in year 1986 it was purchased by Combined Insurance Company. Then later in the year 1987 it was named as Aon Company. It was again purchased by GE Capital in the year 1996. Later in the year 2004, out of various insurance businesses of GE Company formation of Genworth Financial took place.

Policies of Genworth Life and Annuity Insurance Company

Genworth Life Insurance Company provides various products, services and resources that will provide people to secure life financially along with their families and security to their futures.

Following are the products:

  1. Annuities
  2. Life Insurance
  3. Lifestyle Protection Insurance
  4. Long Term Care Insurance
  5. Mortgage Insurance

Products of this company are distributed through the following organizations and institutions:

  1. Financial institutions like banks, Independent Brokerage Dealers (IBD)
  2. Brokerage General Agencies (BGA)
  3. Independent Marketing Organizations (IMO)
  4. Retail which is a dedicated sales organization
  5. Independent Financial Advisors
  6. Mortgage Professionals

Branches of Genworth Life Insurance Company around the World

Genworth Life Insurance Company will do businesses in the following countries around the world:

  1. Australia
  2. Ireland
  3. Portugal
  4. Canada (EN) (FR)
  5. Italia
  6. Schweiz (DE) (FR) (IT)
  7. Danmark
  8. Lietuva
  9. South Korea
  10. Deutschland
  11. Magyar
  12. Suomi (FI) (SV)
  13. Eesti
  14. Mexico
  15. Sverige
  16. España
  17. Nederland
  18. United Kingdom
  19. France
  20. New Zealand
  21. United States of America
  22. Greece
  23. Norge
  24. India
  25. Polska

Prices for the Policies

Genworth Life Insurance Company provides various products in different parts of the world, and the prices of these products will be varying from country to country as well as policy to policy.

How to Claim at the Genworth Life Insurance Company

Claiming for a policy at Genworth Life Insurance Company will vary from other insurance companies. This company helps to plan for the future to get more from the Annuity, Long Term Care and also Life Insurance. Claiming for annuity, long term care or life insurance at Genworth is easy, and it provides forms as well as instructions that are necessary to file a claim. It provides forms that are needed to update, maintain the policies. It will provide forms that will range from changing of address to declaration of attorney, electronic fund transfers for renewal premiums and many more apart from these forms.

Genworth Life and Annuity Insurance Phone Number & Contact Details

Genworth Life & Annuity
President   Michael D. Fraizer
6620 West Broad Street
Richmond, VA 23230
888-436-9678

Where to send complaints:
Genworth Customer Service
888-436-9678