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Portfolio > Economy & Markets > Fixed Income

Genworth Introduces VA Guarantee Rider

By Staff Writer

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NU Online News Service, Oct. 27, 2004, 4:20 p.m. EDT

Genworth Financial Inc., Richmond, Va., has introduced a guaranteed income rider on select VAs.[@@]

The GE Principal Protection Advantage rider, available on some VAs issued by GE Life and Annuity Assurance Company, enables a contract holder or beneficiary who is at or nearing retirement to receive income payments guaranteed to total no less than their original investment.

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