For over 145 years, Genworth Financial has helped customers navigate the financial challenges that most people face as they get older. Established 1871 in Henrico County, Virginia, the former Life Insurance Company of Virginia, has total assets today of 106.4 billion. The company was formed from dozens of acquisitions over the years. Globally, Genworth Financial employs 3,300 people.
A noteworthy acquisition in 1995 was the addition of GE Capital. The company also merged with First Colony Life Insurance in 2007.
Genworth has a wide range of care funding, care services, and mortgage loans. Services help people of all stages of life. Individuals past retirement age may have concerns about their long-term care options. Genworth offers plans to help elders receive the care they need without breaking the bank.
Annuities offered by Genworth can also solve certain financial situations. The long-term stream of monthly income provides elders with the peace of mind they need. Additionally, plans are set up so that the money is never outlived.
Genworth also offers elders the Carescout program. The program helps seniors get connected with a number of service options tailored to fit their individuals needs.
People realizing the dream of home ownership can choose from a variety of Genworth plans. Low down payment, faster closing, and easy cancellation are guaranteed perks enrollees can take advantage of.
Social responsibility is something Genworth takes seriously. Uplifting communities to become self-reliant and financially secure is a major goal. Genworth has given back through thousands of hours of employee volunteering. The Genworth Foundation has personally awarded 75 non-profits $1.1 million in grants.
Genworth understands the potential risks to the environment brought on by climate change and global warming. The company’s sustainability policy was put in place to reduce the carbon footprint and to formulate a responsible approach to preserving the environment.