Genworth Financial announced that its long-term care insurance products are available for sale in Ohio, Kansas and Nebraska, states which recently adopted Long Term Care Partnership Programs.
Genworth now offers Partnership products in 12 states nationwide, with plans to launch in three to five additional states by the end of 2008.
Partnership plans provide dollar-for-dollar asset protection for policyholders. For every benefit dollar policyholders receive under a Partnership policy, they receive an equal dollar of asset protection under the state’s Medicaid spend-down requirements.
To get information on state-specific Partnership/NAIC training requirements, visit www.genworth.com/ltcstatetraining.
For more information, visit www.genworth.com/.