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[22] [23] New York Life also sells term life insurance, universal life insurance, variable universal life insurance, long-term care insurance, annuities and disability insurance. [23] The company operates New York Life Direct, selling direct-to-consumer policies, and is the exclusive life insurance partner of the AARP. [26] New York Life ...
AARP Extends Contract with New York Life as Exclusive Life Insurance Provider Contract Renewal Through 2022 Result of Relevant Products, Award Winning Customer Service NEW YORK--(BUSINESS WIRE ...
The NRTA/AARP insurance model was the first in the United States, opening up a new insurance market for older Americans. AARP expanded beyond health insurance and began developing other benefits, programs, and services for its members, each tailored to the needs of people aged 55 and older and filling a gap in the marketplace. [38]
A Long Term Care Benefit Plan is an option to sell a life insurance policy in return for 30 to 60 percent of the policy value toward long term health care. [1] [2] A funeral benefit payment is made to the account beneficiary when the person receiving care dies. [3]
Long-term care insurance, however, empowers you to choose where and how you receive care. 3. Reduced Burden on Caregivers: Long-term care insurance enables you to access professional care when ...
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