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Life Health > Life Insurance > Term Insurance

Genworth Adds LTC Partnership Policies

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A large long term care insurance player is rolling out products that coordinate with the Medicaid programs in Minnesota and Colorado.

Genworth Financial Inc., Richmond, Va., says a unit now is selling Partnership Qualified Long Term Care Insurance policies in both states.

Partnership policies permit individuals who exhaust private LTC insurance benefits to protect some of their assets before drawing on Medicaid nursing home benefits.


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