Genworth is committed to providing a simple and convenient new business process for you and your clients. Effective February 26, 2018, we will make changes to the underwriting process that will reduce the number of times we must contact applicants.
Applicants Ages 65+
All applicants ages 65 and over will no longer have to complete a phone underwriting interview. Starting February 26th, these applicants will complete Part 2 of the application during their Paramed exam.
The TrueView Underwriting℠ material will be updated to reflect these changes.
Transition Rules
Please carefully review the transition dates and rules below:
Cases for Ages 65+
- For applications signed and received at Genworth’s home office February 26 or later, the Part 2 of the application will be completed during the exam.
- For applications signed and received at Genworth’s home office prior to February 26:
- If the underwriting phone interview has not been scheduled, a Paramed exam and Part 2 of the application will be completed during the exam.
- If the underwriting phone interview has been scheduled, we will completed the interview as planned.
Important Note: Prior to soliciting new business, verify your producer license is in good standing, you have completed all required CE, and you are in compliance with all applicable licensure requirements. Applications will be closed if all such requirements have not been met as of the date of the application. No exceptions will be made for applications resubmitted after the cut-off dates as outlined above. For up-to-date information on Genworth applications, education and training statuses go to https://pro.genworth.com/.
Underwriting Process Change for all Applicants Ages 65+
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