This forum contains news and information regarding the Brokerage of Life Insurance, Insurance Products, Underwriting, and General information pertinant to the Life Insurance Industry. The information is intended for those who are interested in Life Insurance, Long Term Care Insurance, and Annuity Brokerage, Sales, and Service. Contact Brokerage Services at (800)223-2762 or visit us online at www.BrokerageServicesOfCarolina.com

Monday, November 21, 2005

Genworth Increases Crediting Rates, Vantage Point ROP Term Approved in S.C.

We thought it was newsworthy to relay to you that the crediting rates, or the current interest rates applied to permanent life insurance products held with Genworth (First Colony Life Insurance Company) have increased over this past weekend.  On average, the increases are about .40%
 
In our estimation, this increase is representative of the overall increase in interest rates in the US Economy.  This increase in interest rates will reflect increases in cash values on the current basis of exisiting policies and policies that are newly written.
 
Contact us for a quote to compare products!
 
Happy Thanksgiving!!

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