- 1,704
Well well.....looks like that rally cry of "We have never raised rates"
is going to be silenced.
Just got a letter informing us that Genworth will be raising rates on policies sold from 1997.....around 8-12%. Better than the 25% per yr for 3 yrs with Penn Treaty.
They cited persistency as the main reason for the increase. Who would have thunk?
is going to be silenced.
Just got a letter informing us that Genworth will be raising rates on policies sold from 1997.....around 8-12%. Better than the 25% per yr for 3 yrs with Penn Treaty.
They cited persistency as the main reason for the increase. Who would have thunk?