New lower rates on 15-, 20-, and 30-year level premium period term life insurance puts the Genworth companies into a higher level in the term life insurance premium game. This rate decrease impacts both men and women — many rates went down for all face amounts.

Genworth has reduced premiums for face amounts of $250,000+, significantly strengthening their competitive position in the 40 – 70 year old term life insurance premium range, for Males and Females. This decrease affects 15-, 20- and 30-year level premium periods, with the biggest changes in the 30-year period.

The new rates are available in all states except Mississippi and New York.

Term life insurance products offered by the Genworth Financial life insurance companies have guaranteed level premiums for 10, 15, 20, or 30 years.  When the insured's choice of level premium ends, premiums increase annually.

Premium rates are determined by the insured's issue age and rates will vary by underwriting class.  The issue age is the insured's nearest birthday and includes an annual $50 policy fee.

These term life insurance products, benefits, and rates may not be available in all states and are subject to issue limitations and their policy form.

The general public may view and compare these new Genworth Financial  term life insurance rates by underwriting rate class from the internet quoting engine TermLifeAmerica.com.