Flexibility, meet Simplicity.

FlexFitSM Packages I Privileged Choice® Flex 3

Introducing FlexFitSM Packages

160478 07/21/14

Underwritten by Genworth Life Insurance Company, Richmond, VA

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For producer use only. Not to be reproduced or shown to the public.

Introducing FlexFitSM Packages

You’re a specialist in addressing your clients’ needs.

Imagine being able to do that more quickly and easily.

Now you can. FlexFit packages from Genworth Life Insurance Company (Genworth) simplify the way you offer long term care insurance (LTCI) coverage to your clients. In just a few clicks, you can create a quote customized to their main objective — price or specific amount of coverage.

FlexFit packages are preset benefit options available with Privileged Choice® Flex 3 (Flex 3). FlexFit packages make it easier for you to design Flex 3 policies around a specific annual premium (FlexFit Premium) or coverage amount (FlexFit Coverage).

By prepackaging benefits together, FlexFit packages are designed to help simplify the product for you and your clients. And if you want to modify the package, you can do that easily too.

Your specialty is finding just the right fit for your client. FlexFit packages make it faster and easier than ever before.

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When using FlexFit packages, creating a long term care insurance (LTCI) plan is as easy as 1,2,3!

Learn your client’s main objective

Choose the package

Create their illustration

Remember you can still build your own Privileged Choice Flex 3 plan. You can even use the FlexFit packages to jump start your plan, then switch to custom quote for fi ne tuning.

1 2 3

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Kevin & Allison

OBJECTIVE

Kevin and Allison believe LTCI is an important part of planning for the future. They do not want their children to have to take care of them if they were to need long term care (LTC).

• Their top priority is to have LTC coverage and stay within a budget.

• They have a combined $3,000 available to pay for long term care insurance each year.

• Because Kevin and Allison have a specifi c premium number in mind, they are good candidates for FlexFit Premium.

Laura & BrianLaura & BrianLaura & BrianLaura & BrianLaura & BrianLaura & Brian

Laura and Brian want to be certain they have the right amount of coverage to cover all or most of their potential LTC expenses.

• They want to avoid using their income or depleting their assets to pay for long term care.

• In reviewing their assets with a fi nancial professional, they determine they have $600,000 they want to protect.

• Because Laura and Brian are looking for a certain coverage amount, the FlexFit Coverage package is a good starting point for building their LTCI plan.

Staying within budget*

Income & asset protection*

1Learn your client’s main objective

What is your client’s main objective when it comes to long term care planning?

Do they have budget constraints and are concerned about price? Or is their primary

goal protecting their income and/or assets?

FlexFit packages help address both needs quicker and easier than before.

Kevin & Allison

OBJECTIVE

Kevin & AllisonKevin & AllisonKevin & Allison

OBJECTIVE

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Choose a package

Now that you know your client’s primary objective, all you have to do

is pick FlexFit Premium or FlexFit Coverage in Genworth’s quoting tool

and choose the specifi c amount from the available options.

What you will see in the quoting toolAfter you’ve entered your client’s personal information, you will proceed to the “Plan Design” section. In this section, the image below will display.

Here you can either create your own plan design or select a FlexFit package. If you prefer to create a custom quote, you will have our signature fl exibility to customize each benefi t. Or you can select a FlexFit package and let it do the work for you!

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FlexFit Premium

Choose from the following annual premium options:

• $1,000

• $1,500

• $2,000

• $2,500

• $3,000

• $3,500

• $4,000

• $4,500

FlexFit Coverage

Choose from the following initial coverage amount options:

• $100,000

• $150,000

• $200,000

• $250,000

• $300,000

• $350,000

• $400,000

• $450,000

• $500,000

If you want to create your own quote, start in A custom quote.

If you want to solve for a specifi c price select

B FlexFit Premium.

If you want to solve for a specifi c coverage amount, select C FlexFit Coverage.

A

B

C

FlexFit Packages

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Once you select a FlexFit package option, the following benefi ts will populate automatically.

• Monthly Benefi t• Benefi t Multiplier• 90 Service Day Elimination Period • 3% Compound Infl ation Protection • 100% Nursing Home Coverage• 100% Home and Community Coverage • 100% Assisted Living Facility Coverage• 1st Day Home Care Elimination Period

A note about Shared Benefi tShared benefi t is available with a custom quote or FlexFit Coverage only. If you chose a FlexFit Premium package and want to add a Shared Benefi t, all you need to do is click “Change Values” to proceed to a custom quote.

What if I want to make changes to the package?No problem.

At any step in the process, you can adjust benefi ts for more in-depth customization. All you need to do is click “Change Values.” The values from your package will carry over to custom quote so you will not lose all the information.

FlexFit packages are there to help you get started. The rest is up to you!

Results pre-populate automatically, including the premium.

To make changes or to create a custom quote, click the

A “ Change Values” button at the top of the page or the

B “ Create a custom quote” link near the bottom.

A

B

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Create an illustration

All that’s left to do is review your quote and print the illustration.

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Prepared for: Allison Smith, Age: 45, Preferred Best Couple F and

Kevin Smith, Age: 45, Preferred Best Couple MPolicy Form ICC13-8000R1

State: VA

Summary

CORE 4SM DECISIONS Allison Smith Kevin Smith

$4,515 Monthly MaximumBenefit Amount1 $4,515 Monthly Maximum

48 MonthsBenefit Multiplier2 48 Months

90 Service DaysElimination Period3 90 Service Days

3% CompoundInflation Protection4 3% Compound

$216,720.00$216,720.00$216,720.00$216,720.00Coverage Maximum (pool of money)

CARE OPTIONS*

100%Home and Community Care CoveragePercentage 100%

100%Assisted Living Facility Coverage Percentage 100%

ADDITIONAL OPTIONS

Yes1st-Day Home Care (Waiver of Home andCommunity Care Elimination Period) Yes

PREMIUM INFORMATION

Preferred BestUnderwriting Category Preferred Best

$1,500.28Annual Premium $1,500.28

AnnualPayment Mode Annual

$1,500.28Modal Premium $1,500.28

Combined Modal Premium $3,000.56

Premiums quoted are based on couple rates.

* The coverage percentages for care options are a percentage of the Monthly Maximum selected.

ICC14 158683 06/30/14Page 2 of 11

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FlexFit Features Glossary

Monthly Maximum Benefit Amount This is the maximum amount available to reimburse covered LTC expenses each month.

Benefit MultiplierThe Benefit Multiplier is the length of time over which LTC benefits will be paid assuming benefits are paid at the maximum monthly benefit amount. If the benefit payments are less than the Monthly Maximum, the benefits will last until the Total Coverage is exhausted.

Elimination PeriodThe Elimination Period is similar to a deductible. When your client files a claim, this is the initial time period during which they will not be reimbursed for long term care expenses they may incur.

3% Compound Inflation ProtectionThis means your client’s Monthly Maximum and maximum coverage amount will increase each year by 3% of the previous year’s amounts less any claims paid.

1st-Day Home CareWith this benefit, there is no elimination period for covered Home and Community Care services. Benefit eligibility for these services starts on day one.

100% Nursing Facility CoverageThis means that your client’s covered Nursing Facility care services will be reimbursed at 100% up to the Monthly Maximum Benefit Amount.

100% Home and Community CoverageThis means that your client’s covered Home and Community care services will be reimbursed up to 100% of the Monthly Maximum Benefit Amount.

100% Assisted Living Facility CoverageThis means that your client’s covered Assisted Living Facility services will be reimbursed up to 100% of the Monthly Maximum Benefit Amount.

Flex 3 offers other features and benefits not included in this glossary.

Custom quote provides the ability to design your own plan with all of the available options in Flex 3.

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FlexFit PremiumAnnual Premium $1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500

Benefit Multiplier

3 Years (36 Months)

4 Years (48 Months)

5 Years (60 Months)

Monthly Maximum

Monthly Maximums within package options are driven by age, underwriting category and whether the applicants apply as a couple or an individual male/female

FEATURES AND BENEFITS

Nursing Facility Coverage 100%

Home and Community Care Coverage 100%

Assisted Living Facility (ALF) Coverage 100%

1st Day Home Care Included

Elimination Period 90 Service Days

Inflation Protection Benefit increases are reduced by claims paid 3% Compound

Privileged Care Coordination Services Does not reduce lifetime benefit amount Included

Caregiver Support Services Information and Referral Services available to non-insured immediate family members Included

Hospice Care Included

Respite Care Up to 30 days per policy year Included

Bed Reservation Up to 60 days per policy year for any reason Included

Alternate Care Pays for additional care, services, equipment or other items that are not otherwise covered under another benefit

Included

Couples Premium Couples premiums are built into the pricing structure. If an applicant and their spouse or partner apply for and are issued coverage, they will receive lower rates than if they apply as an individual

Available

Waiver of Premium Begins with receiving Facility or Home and Community Care Benefits after satisfying the Elimination Period

Included

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This guide includes information on some of the features and benefits of Privileged Choice Flex 3. Not all product features are shown. Features, benefits, riders and discounts may vary, and certain conditions and restrictions may apply. Only the applicable policy contains actual terms and conditions of coverage.

FlexFit CoverageCoverage Amount $100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000

Benefit Multiplier

3 Years (36 Months)

4 Years (48 Months)

5 Years (60 Months)

Monthly Maximum $2,778 4,167 5,556 6,945 6,250 7,292 6,667 7,500 8,334

FEATURES AND BENEFITS

Nursing Facility Coverage 100%

Home and Community Care Coverage 100%

Assisted Living Facility (ALF) Coverage 100%

1st Day Home Care Included

Elimination Period 90 Service Days

Inflation Protection Benefit increases are reduced by claims paid 3% Compound

Privileged Care Coordination Services Does not reduce lifetime benefit amount Included

Caregiver Support Services Information and Referral Services available to non-insured immediate family members Included

Hospice Care Included

Respite Care Up to 30 days per policy year Included

Bed Reservation Up to 60 days per policy year for any reason Included

Alternate Care Pays for additional care, services, equipment or other items that are not otherwise covered under another benefit

Included

Couples Premium Couples premiums are built into the pricing structure. If an applicant and their spouse or partner apply for and are issued coverage, they will receive lower rates than if they apply as an individual

Available

Waiver of Premium Begins with receiving Facility or Home and Community Care Benefits after satisfying the Elimination Period

Included

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This is a partial summary of Policy Form series ICC13-8000R1, ICC13-8001R1, 8000R1 and 8001R1. Not all product features are shown. Features, benefits, riders and discounts may vary by state. Certain conditions and restrictions may apply. Only the applicable policy contains actual terms and conditions of coverage.

Genworth Life Insurance CompanyLONG T ER M C A R E INSU R A NCE

6620 West Broad StreetRichmond, VA 23230

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