With Genworth’s recent launch of the Privilege Choice Flex in California, partners that are in a committed relationship are able to take advantage of a 40% discount per approved applicant for traditional Long Term Care. In addition to the couple’s discount, Genworth’s Privileged Choice Flex makes flexibility a priority by allowing the agent to tailor benefits that specifically match the client’s needs. Built with a customizable modular design, the new Privilege Choice Flex can easily pivot from coverage maximization to premium affordability depending on the particular client needs.
Additional benefits now available in California include:
Now Benefits – Intended to provide current benefits before the client experiences a claim.
Live+WellSM A wellness program powered by Mayo Clinic provides policyholders and their uninsured spouse/partner online access to health-related tools, services and information.
Caregiver Support Services Provided by CareScout®, a Genworth company, can help insureds identify care resources that may be needed for aging parents or other family members.
Shared Coverage – Couples may select the Shared Coverage Benefit, which provides the ability to combine each individual’s Coverage Maximum to pay for covered long term care expenses. The Shared Coverage guarantee ensures that both have access to at least half of their original (or subsequently reduced) Coverage Maximums, even if the other spouse/partner has used most or even all of their shared benefits.
For more information about Genworth’s product, please contact your LTC Sales Rep.