Brighton Trustees LLC, as Trustee v. Genworth Life & Annuity Insurance Co.
Genworth COI Life Insurance Settlement
Case No. 3:20-cv-240-DJN (E.D. Va.)

Welcome to the Genworth COI Life Insurance Settlement Website

If you own or owned a Gold or Gold II Universal Life Policy insured by Genworth Life & Annuity Insurance Company that was subject to a COI rate change announced in 2019, your rights and options may be affected by a class action settlement

IMPORTANT UPDATE: On October 27, 2022, the Court granted final approval of the Settlement. It was not required for Class Members to attend the Fairness Hearing. For more information, please review the Order Entering Final Judgment.

What is this lawsuit about?

The class action lawsuit alleges that Genworth Life & Annuity Insurance Company ("GLAIC") breached its contracts with certain policy owners. Starting September 2019, policy owners were issued letters announcing that their insurance policies would be subject to cost of insurance ("COI") rate increases. Plaintiffs assert those COI rate increases violated the terms of the policy holders’ contracts, and that Plaintiffs and members of the Class have been damaged as a result. GLAIC denies Plaintiffs’ claims; however, both sides have agreed to the Settlement to avoid the risks, costs, and delays of further litigation, including an appeal, so that people affected will get a chance to receive compensation.

Who is included?

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. See FAQ 3 and FAQ 8 for more information.

How can I be eligible to receive a settlement payment?

You will automatically receive a payment in the mail if you are entitled to one. No claims need to be filed. The payments will be mailed to the last known address based on GLAIC’s administrative system, after they are run through the National Change of Address database. If you would like your payment to be mailed to a different address, please contact the Settlement Administrator and submit an address update. For more information regarding settlement payments, please review FAQs 12-13.

Legal Rights and Options

Option and Deadline
Do Nothing Get certain benefits from the Settlement. Be bound by the Settlement. Give up your rights to sue or continue to sue GLAIC for the claims in this case.
Ask to be Excluded
Deadline: August 1, 2022
Remove yourself from the Class. Get no benefits from the Settlement. Keep your right to sue or continue to sue GLAIC, at your own expense, for the claims in this case. For more information, please review FAQ 14.
Deadline: August 1, 2022
Tell the Court what you do not like about the Settlement. The purpose of an objection to the Settlement is to persuade the Court not to approve the proposed Settlement. A successful objection to the Settlement may mean that the objector and other members of the Class are not bound by the Settlement. For more information, please review FAQ 20
Go to the Hearing Scheduled for October 17, 2022
Deadline: August 1, 2022
Ask to speak in Court about the Settlement. For more information, please review FAQ 24.

For More Information

Visit this website often to get the most up-to-date information.

Genworth COI Life Insurance Settlement
c/o JND Legal Administration
PO Box 91452
Seattle, WA 98111