Consolidated Underwriters, Inc.
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Stay informed on our latest news!
Effective November 9, 2012, documents currently mailed to you will be available online at Genworth Pro, giving you immediate access to the documents you need.
In late January, these documents will no longer be mailed.
At this time, the migration of documents to Pro is applicable to all Life Insurance products. Genworth anticipates making this available to other product lines in the future.
Effective November 27, 2012, the Inforce tab of “Other Genworth Business” and the “Production Reporting” features of Genworth Pro will retire.
• Effective October 22, 2012 we will launch our new traditional term product – Colony Term 10, 15 and 20 – to replace Colony Term UL, except in New York. We are pleased to bring the 15-year coverage period back to the market.
• On November 12, 2012, we will expand and reprice GenGuardUL. By combining the features of Colony LifeLong UL and GenGuard UL into one product, the new GenGuard UL is a more comprehensive solution offering up to lifetime benefit coverage (to age 121) for single, short and level-pay planned premiums.
All TransACE 2012 policies must be issued, paid, and placed inforce no later than Monday, December 31, 2012. The Policy Date can be no later than December 28, 2012. The current products cannot be carried over into 2013. There are no exceptions to these rules.
Mutual of Omaha announces the new Living Promise Whole Life product effective October 15, 2012. The product has two plans with an easy to use application, simplified underwriting, and no medical exam. Living Promise offers various face amounts designed to help provide affordable protection.