Genworth introduces second index universal life product

January 20, 2014 by Noah Guillaume

Genworth (NYSE:GNW) introduced its second index universal life (UL) insurance product, Foundation Builder Index UL, which provides death benefit protection backed by a no-lapse guarantee of up to 30 years, plus the opportunity to build cash value for future financial flexibility.

The Foundation Builder Index UL offers:

• Five index interest crediting strategies linked to the percentage change in the S&P 500 Index to help build cash value for future flexibility. Policyowners benefit from interest credits up to a cap and have a guaranteed floor of 0 percent.

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Originally Posted at LifeHealthPro on January 15, 2014 by Noah Guillaume.