NU Online News Service, Nov. 23, 2004, 4:44 p.m. EST

A Richmond, Va., has introduced a pair of long term care insurance policies.[@@]

Genworth Financial Inc. is selling the Privileged Choice policy, a deluxe LTC insurance policy, and the Classic Select policy, an “a la carte” policy aimed at consumers who want a less expensive policy.

One standard feature of the Privileged policy offers reimbursement for in-home health care from the first day without an elimination period, Genworth says.

Both policies include access to care coordinators.

The policies are now on the market in Indiana, Maryland, Massachusetts, New York and Pennsylvania.