Monday, February 13, 2006

 

GenWorth Unveils Mortgage Life Product

An insurer has introduced a return-of-premium term life insurance product that could appeal to middle-income homeowners.

Genworth Financial Inc., Lynchburg, Va., says its new MasterKey policies are indeterminate premium term life insurance products designed so that premiums are level for an initial period then will increase each year.

GenWorth Unveils Mortgage Life Product
Source: National Underwriter (subscription required)

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