Job Loss Protection

In an uncertain economy, stable employment is something that should not be taken for granted. For homebuyers who want to safeguard their mortgage from the start, Genworth Mortgage Insurance offers the additional benefit of Job Loss Protection to help borrowers feel safer during tough times. This added level of protection is provided as an option on several of Genworth's Borrower-Paid MI products.

Job Loss Protection also serves as a sales tool that lets you:

• Create more value in your relationships
• Generate more successful loans
• Win more business

Your Role is Important

For the program to be a success, it is critical that borrowers are aware they have Job Loss Protection as part of your mortgage insurance program from Genworth. We depend on you to actively communicate its benefits when discussing loan options and to provide your borrowers with materials to ensure they are well informed.

You should also encourage your borrowers to register their Job Loss Protection benefit with Genworth at our Homeowner Welcome Center site so we can reach out to them periodically with benefit reminders, important news, answers to questions and more.

Here are some materials to help you and your borrowers understand the program:
Lender Brochure (pdf | 953kb)
Overview for Borrowers (pdf | 164kb)
Registration Flier for Borrowers (pdf | 703kb)

For more information, contact your Genworth Sales Representative.

The insurance is only available at the time the mortgage is originated. It cannot be added separately after closing.

Job Loss Protection is underwritten by a third party, "A" (excellent) rated insurer. The coverage is subject to conditions and exclusions not included in this summary.