Genworth Seeks To Increase Premiums On Long Term Care Policies

Long term care insurance policies can be a prudent way for a family to plan for a loved one's care. Unfortunately, the ability to plan in that way can be destroyed when the cost of such a policy suddenly increases. Genworth, a major provider of such policies, has recently announced plans to seek a large increase in the price for many of its long term care policies. This price increase will substantially raise the premiums for people who currently own a Genworth long term care policy.

If you own or someone near to you owns a Genworth long term care policy, and such a price increase is of concern to you, we would be interested in discussing with you how best to ensure that your interests are protected.