Department of Insurance, Securities and Banking

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The Department of Insurance, Securities and Banking has a new address: 1050 First Street, NE, Suite 801, Washington, DC 20002.

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Genworth Life Insurance Company

Tuesday, January 29, 2013

The company is requesting the approval of a premium rate increase on the above listed forms and all associated riders. A rate increase is being requested on the above-listed forms due to adverse experience. Different increases are being requested for policies with different benefit periods. At this time, a premium rate increase of 88% is being requested for all lifetime benefit period policies and 35% is being requested for all non-lifetime benefit period policies. This reflects a weighted average rate increase of 63.4% which is shown as the overall percent indicated change in SERFF. If the requested rate increases are approved, the company will not seek any additional rate increases on the Pre-PCS Series in your jurisdiction for at least 5 years from the approval date. The same increases are also being requested on comparable forms to those listed above in each state in which business remains in force.

Effective on Approval
Status = Assigned