Neighbor News
AARP Press Release
LOCAL NEW YORK LIFE AGENT HANNA CHANG JOINS SELECT GROUP HELPING AARP MEMBERS SECURE THEIR FUTURES
LOS ANGELES, CALIFORNIA, December 20, 2018 – Hanna Chang from the Greater Pasadena General Office of New York Life ( CA Insurance Lic. # 0K31655) recently joined a select group of agents who are authorized to offer AARP members a range of financial solutions through AARP Life Insurance, Annuity and Long-Term Care Options from New York Life.1 To become part of this group of agents, Hanna followed a certification process established by New York Life, which includes extensive training on products and regulations, education on evaluating client needs, state licensing and a commitment to service. AARP Services, AARP’s for-profit subsidiary, provides quality control over the certification process and training.
New York Life has been offering AARP-branded products to AARP members since 1994. Since then, the relationship has grown to include a portfolio of annuity products (added in 2006) and now most recently longterm care options in 2018.
1Products issued by New York Life Insurance Company and New York Life Insurance and Annuity Corporation.
About AARP AARP is a nonprofit, nonpartisan organization, with a membership of more than 37 million, that helps people turn their goals and dreams into real possibilities, strengthens communities and fights for the issues that matter most to families such as healthcare, employment and income security, retirement planning, affordable utilities and protection from financial abuse. We advocate for individuals in the marketplace by selecting products and services of high quality and value to carry the AARP name as well as help our members obtain discounts on a wide range of products, travel, and services. A trusted source for lifestyle tips, news and educational information, AARP produces AARP The Magazine, the world's largest circulation magazine; AARP Bulletin; www.aarp.org; AARP TV & Radio; AARP Books; and AARP en Español, a Spanish-language website addressing the interests and needs of Hispanics. AARP does not endorse candidates for public office or make contributions to political campaigns or candidates. The AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org. -more-
New York Life Joins Select Group Helping AARP Members Secure Their Futures / Page 2
About AARP Services Inc. AARP Services Inc., founded in 1999, is a wholly-owned taxable subsidiary of AARP. AARP Services manages the provider relationships for and performs quality control oversight of the wide range of products and services that carry the AARP name and are made available by independent providers as benefits to AARP’s
ICC17-1672333 and 1672333
millions of members. The provider offers currently span health products, financial products, travel and leisure products, and life event services. Specific products include Medicare supplemental insurance; credit cards, auto and home, mobile home and motorcycle insurance, life insurance and annuities; member discounts on rental cars, cruises, vacation packages and lodging; special offers on technology and gifts; pharmacy services and legal services. AARP Services also engages in new product development activities for AARP and provides certain consulting services to outside companies.
About New York Life New York Life Insurance Company (newyorklife.com), a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies**.
*Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/18. For methodology, please see http://fortune.com/fortune500/. **Individual independent rating agency commentary as of 8/1/17: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).
The purpose of this material is solicitation of insurance. An insurance agent may contact you. The products offered under AARP Life Insurance, Annuity and Long-Term Care Options from New York Life include individual and group life insurance products, individual annuity products and individual long-term care insurance products. Policy forms [ICC16-316-60P & ICC16-316-284R, ICC16-316-150P & ICC16-316-283R, 316-60P & 316-284R, 316-150P & 316-283R & ICC13314-60, 314-60, 898-60], and any state-specific, are issued by New York Life Insurance and Annuity Corporation, Newark, DE, a wholly owned subsidiary of New York Life Insurance Company. Policy forms [ICC14-LTC6, LTC6, ILTC-5000, INH-5000], and any state-specific, are issued by New York Life Insurance Company, New York, NY. These products have exclusions or limitations. For costs and complete details of the coverage contact your agent or the insurance company. The products offered through AARP Long-Term Care Options are available to the public. AARP group life insurance products are available under the AARP Life Insurance Program and are underwritten by New York Life. AARP Membership is required for Program eligibility. Specific products, features and/or gifts not available in all states or countries. AARP has established the AARP Life Insurance Trust to hold group life insurance policies for the benefit of AARP members. Complete terms and conditions are set forth in the group policy issued by New York Life to the Trustee of the AARP Life Insurance Trust (Group Policy forms AA-08, AA-66, AA-67, AA-68, AA-74, AA-75).
New York Life Insurance Company pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. AARP and its affiliates are not insurers. AARP does not employ or endorse agents, producers or brokers. None of the products are issued or provided by AARP or its affiliates.
Contact: Hanna Chang New York Life (808)371-5119
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SMRU 1672333 (Exp. 6/30/19)