Genworth offers lifetime income annuity

December 4, 2014 by Nick Thornton

Genworth Financial Inc., providing the latest example of the life insurance industry responding to an appetite for guaranteed income products and a favorable regulatory climate, has introduced a new annuity with a lifetime income rider.

And the Richmond, Virginia-based insurer is hoping to expand its target market to include those as young as 45.

Genworth’s SecureLiving Growth with IncomeChoice annuity offers protection from market losses, growth potential greater than prevailing interest rates and guaranteed lifetime income. Click here to read…

Originally Posted at LifeHealthPro on December 4, 2014 by Nick Thornton.