Genworth Decreasing Inforce Crediting Rates



Effective March 17, 2014, Genworth is decreasing the inforce crediting rates for many interest sensitive products. The new rates are not less than the guaranteed minimum crediting rates. Although this old money crediting rate change will affect cash value growth, it will not affect secondary guarantee planned premiums for new or existing policies. The linked benefit products, TLC and TLC Annuity, are not affected by this change.