Skip to main content

Cookies on BBB.org

We use cookies to give users the best content and online experience. By clicking “Accept All Cookies”, you agree to allow us to use all cookies. Visit our Privacy Policy to learn more.

Cookie Preferences

Many websites use cookies or similar tools to store information on your browser or device. We use cookies on BBB websites to remember your preferences, improve website performance and enhance user experience, and to recommend content we believe will be most relevant to you. Most cookies collect anonymous information such as how users arrive at and use the website. Some cookies are necessary to allow the website to function properly, but you may choose to not allow other types of cookies below.

Necessary Cookies

What are necessary cookies?
These cookies are necessary for the site to function and cannot be switched off in our systems. They are usually only set in response to actions made by you that amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not work. These cookies do not store any personally identifiable information.

Necessary cookies must always be enabled.

Functional Cookies

What are functional cookies?
These cookies enable the site to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Performance Cookies

What are performance cookies?
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Marketing Cookies

What are marketing cookies?
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant content on other sites. They do not store personal information directly, but are based on uniquely identifying your browser or device. If you do not allow these cookies, you will experience less targeted advertising.

Find a Location

Genworth Financial has 3 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Genworth Financial

      700 Main St Lynchburg, VA 24504-1448

    • Genworth Financial

      3315 Old Forest Rd Lynchburg, VA 24501-2912

    • Genworth Financial

      10719 PO Box Lynchburg, VA 24506

    Business ProfileforGenworth Financial

    Insurance Services Office
    Multi Location Business

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 26 Customer Reviews

    Customer Complaints

    67 complaints closed in last 3 years

    21 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    This company offers life, 401(K) and annuities, term and life, medically impaired, brokerage insurance.

    Business Details

    This is a multi-location business.

    Find a Location

    Genworth Financial has 3 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Genworth Financial

        700 Main St Lynchburg, VA 24504-1448

      • Genworth Financial

        3315 Old Forest Rd Lynchburg, VA 24501-2912

      • Genworth Financial

        10719 PO Box Lynchburg, VA 24506

      Location of This Business
      700 Main St, Lynchburg, VA 24504-1448
      BBB File Opened:
      1/15/1971
      Years in Business:
      79
      Business Started:
      1/1/1945
      Business Incorporated:
      2/25/1993
      Licensing Information:
      This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
      Type of Entity:
      Corporation
      Alternate Business Name
      • Genworth Life and Annuity Insurance Company
      • Riversource Life Insurance
      • Genworth Financial Assurance Corporation
      • Union Fidelity Life Insurance
      • G E Financial Assurance First Colony Life
      • G E Life Assurance
      • Harvest Life
      • G E Capital Assurance
      Business Management
      • Mr. George Zipple, President
      • Mr. Martin Chance, Compliance Specialist
      • Ms. Sharon Panzarino, Manager
      • Mr. Peter Presperin, C.F.O.
      • Mr. A. Guthrie, Senior Vice President
      • Ms. Robin McCoy-Robinson, Compliance Analyst
      • Ms. Gail Cleary, Manager
      • Ms. Becky England, Manager
      • Ms. Kathy Jones, Manager
      • Ms. Deborah Tweedy, Manager
      Contact Information

      Principal

      • Mr. A. Guthrie, Senior Vice President
      • Ms. Kathy Jones, Manager

      Customer Contact

      • Ms. Deborah Tweedy, Manager
      Additional Contact Information

      Phone Numbers

      Customer Complaints

      67 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      03/23/2024

      Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      I just lost the last 3 hours of my life when the page just refreshed and lost everything. My mother purchased a long-term care policy in 1998. I initiated a claim for the first time in March of 2023. They approved a company and paid some of the invoices. There's one in particular they have not reimbursed in the amount of $620. They also have a automatic reimbursement for DME that specifically included power lift chairs and recliners. I have sent them the documentation for both on several occasions. When my mother passed away, they requested a copy of the death certificate. I sent it and then they terminated my access to their claim portal. I email them on several occasions requesting status for the reimbursements and a copy of the policy. My mother passed away in May of 2023 and I have not been able to reach anyone at Genworth or access the portal since her passing. Her policy was in force with a lesser policy benefit of $22k from $350k when Genworth experienced financial difficulties and paying claims. The last correspondence I received from them was that My mom's personal data was exposed in a 2023 data breach. I also was just noticed that the 1099 that was sent for 2023 states that there was an states that there was an states that there was an accelerated death benefit on her policy but I was not able to review the policy in full since it was never sent at my request. She paid premiums for 25 years and I was reimbursed around $1,400 for a portion of some of the in-home care claims.
      Read More

      Customer Reviews

      26 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Patrick R

      1 star

      11/29/2023

      Can’t Locate My Agent? I just got the class action settlement proposal but the shocker was a potential rate increase of 130%. My wife and I have had this policy since 2013 and paid out $48K in premiums. All I need to do is to talk to someone knowledgeable about the Options. Genworth said talk to my agent. I’ve been given 3 phone #’s, the first 2 are disconnected. The 3rd number was an answering machine. The 411 operator said there is no Ray **** in ** ******* **. which is where Genworth says the agent lives. I was shocked to see all the negative reviews about Genworth, and now I beginning to see why. I’ve read enough to now wonder if I should continue to pay, or cancel. Either wat Genworth wins! or cancel

      Genworth Financial Response

      12/01/2023

      Dear Mr. ******, We would like to thank you for taking the time to provide us with this feedback and assure you that we take your concerns seriously. We would appreciate the opportunity to research this matter more thoroughly. As this is a public forum, we will be researching your situation and responding to you directly in order to protect your privacy. Thank you for your patience as we work to provide you with a satisfactory resolution. Genworth Office of Consumer Affairs **** *** ***** ********* ** *****

      Local BBB

      BBB Serving Western Virginia

      BBB Reports On

      BBB reports on known marketplace practices.

      BBB Business Profiles may not be reproduced for sales or promotional purposes.

      BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.

      When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.

      BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.

      As a matter of policy, BBB does not endorse any product, service or business.