8.4 Policy Cancellations and Loan Discharges

An individual LMI policy may be cancelled at any time by the Insured by written notification to Genworth. Once an insured loan is fully repaid the policy is no longer in force. Under the Master Policy you are obliged to provide a report of repaid insured loans no more frequently than quarterly.

Please refer to section 7.2 Loan Discharges - Cancellations of the Genworth Underwriting Policy for detailed information about Genworth's requirements.