Committed Payments
A variation of PPI that is not linked to any underlying loan and that can be tailored to match individual consumer needs.
Consumer Benefits
Allows consumers to extend the concept of payment protection insurance beyond loans and mortgages to other household outgoings such as utility bills, savings plans or other household expenses and regular insurance premiums such as life, pensions, or health insurance
Distributor Benefits
Helps to protect the financial wellbeing of their customers in an environment of increasing pressure on household income.
Genworth offers following types of coverage: