

The cost of life insurance in Virginia depends on factors like age, health, coverage amount, and policy type. On average, term life policies are more affordable than whole life policies.
If referring to the Life of Virginia Insurance Company, it was acquired and integrated into Genworth Financial. Policyholders’ contracts remain valid and are serviced by Genworth.
The main four types of life insurance are term life, whole life, universal life, and variable life insurance. Each offers different benefits and coverage options.
The Life Insurance Company of Virginia, established in 1871, was acquired by General Electric Capital in 1986 and later became part of Genworth Financial.

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