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Genworth COI Life Insurance Settlement

Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases

This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Genworth Life & Annuity Insurance Company announced COI (cost of insurance) rate increases on Gold and Gold II universal life insurance policies starting in September 2019. Plaintiffs allege these rate increases breached the policy holders' contracts. Genworth denies the claims but agreed to settle to avoid further litigation costs and delays.

Do you qualify?

All owners of Gold and Gold II universal life insurance policies issued, insured, or assumed by Genworth Life & Annuity Insurance Company whose COI Rate Scales were changed as a result of the 2019 COI Rate Adjustment.

What you can claim

Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.

  • Automatic Settlement Payment

    Class members will automatically receive a payment in the mail based on their entitlement. No claims need to be filed. Payments will be mailed to the last known address based on GLAIC's administrative system.

Who is in the class

The Settlement Class consists of all owners of Gold and Gold II universal life insurance policies issued, insured, or assumed by GLAIC, or its predecessors or successors, whose COI Rate Scales were changed as a result of the 2019 COI Rate Adjustment.

Quoted from the settlement notice.

How to file

No claim filing is necessary. Eligible class members will automatically receive settlement payments by mail to their last known address on file with Genworth's administrative system. If you need to update your mailing address, contact the Settlement Administrator at 1-877-379-5991 or info@GenworthCOISettlement.com.

Common questions

Do I need proof of purchase for the Genworth COI Life Insurance Settlement?
No. You can file without a receipt or proof of purchase. You attest that you qualify and submit basic details, though claims are still subject to review and submitting a false claim is a crime.
Is the Genworth COI Life Insurance Settlement notice real, or a scam?
JND Legal Administration is the settlement administrator for this case. Claims are filed at genworthcoisettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Genworth COI Life Insurance Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for October 17, 2022; no payments can be issued before a settlement receives final approval.

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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