About Genworth
Genworth Financial (roots to 1871, spun off from GE in 2004) issued structured settlement annuities through Genworth Life Insurance Company for many years but stopped writing new structured settlement business over a decade ago. It continues to service a large legacy block, so plenty of payment holders still receive Genworth checks every month.
Genworth no longer writes new structured settlement business, but every existing contract remains fully in force and payments on it can still be sold.
How Transfers Work with Genworth
Genworth processes court-approved transfers on its legacy contracts under the standard SSPA process. Because the block is closed, servicing timelines can run a little longer than at issuers with active programs - build that into your expectations when your buyer petitions the court.
Every transfer, regardless of issuer, requires approval by a judge under your state's Structured Settlement Protection Act. See how court approval works and your state's rules.
What You Need to Get a Quote
To get an accurate quote for payments issued by Genworth, have these ready:
- Your settlement agreement or a copy of the annuity contract
- A recent benefits letter showing your remaining payment schedule
- Any prior transfer court orders, if you have sold payments before
If you cannot locate the benefits letter, the issuer can reissue one - your buyer can also request it with your authorization.
How to Contact Genworth About Your Annuity
The Genworth annuity phone number for current payees is 888-322-4629 (Immediate Annuity Customer Service). Service hours: Mon-Thu 8:30am-6:00pm, Fri 9:00am-6:00pm ET.
Written requests, including benefits letter requests, go to: Genworth Immediate Annuity Customer Service, PO Box 2000, Lynchburg, VA 24506
Genworth does not publish a separate structured settlement line - settlement payments are administered through its immediate annuity servicing. If the immediate annuity team cannot locate your contract, the general line at 888-436-9678 (888-GENWORTH) can route you.
Contact details verified against official Genworth sources, August 2026. If a number has changed, the issuer's own website is the authoritative source.
Thinking about selling your Genworth payments?
Any buyer needs a judge's approval to purchase your payments, and offers vary widely. Compare before you commit. Get a free, no-obligation quote.
Frequently Asked Questions
Can I sell my Genworth structured settlement payments?
Yes. Structured settlement payment rights can be sold regardless of which insurance company issues the annuity, subject to court approval under your state's Structured Settlement Protection Act. Genworth no longer writes new structured settlement business, but every existing contract remains fully in force and payments on it can still be sold.
Does the insurance company have to approve my sale?
The issuer does not decide whether you can sell - a judge does. The issuer's role is to acknowledge the court order and redirect the sold payments to the buyer. Issuers process these transfers routinely.
Will selling affect my remaining payments?
No. Any payments you keep continue exactly as scheduled. In a partial sale, the issuer splits your payments per the court order: the sold portion goes to the buyer and the rest still comes to you.
Sell My Structured Settlement for Cash is not affiliated with, endorsed by, or sponsored by Genworth. Company names are used for identification only; all trademarks belong to their respective owners. We help payment holders sell payment rights issued by this and other insurers, subject to court approval.