SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Genworth adds Family Caregiver Benefit for eligible long-term care policyholders

Genworth introduced a Family Caregiver Benefit allowing eligible long-term care policyholders in certain states to use benefits to pay qualified family members for care, subject to regulatory approvals.

GNW

Genworth introduced a Family Caregiver Benefit that lets eligible long-term care policyholders in certain states use benefits to pay qualified family members for care, subject to regulatory approvals. Payments can be up to 75% of the median hourly cost for non-medical care.