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Looks like AARP is serious about becoming a behemouth in the insurance field. And with the aging population growing exponetially, esp with baby boomers aging , they are positioning to be The company of choice.
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Genworth and AARP Announce New Strategic Alliance
On July 12th, Genworth announced a new relationship with AARP to offer Long Term Care to their 38 million members. They will soon introduce their "Cornerstone Advantage" product, offering a price roughly half that of today's mainstream products. Endorsed by AARP, the new product will be available for sale July 30. Later this year, Genworth will launch it as a group product for AARP members that will include a special 5-year rate guarantee, 60-day opt-out clause, and unprecedented inflation protection features. It appears our top provider is making a move to become the nation's choice for LTCi!
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Genworth and AARP Announce New Strategic Alliance
On July 12th, Genworth announced a new relationship with AARP to offer Long Term Care to their 38 million members. They will soon introduce their "Cornerstone Advantage" product, offering a price roughly half that of today's mainstream products. Endorsed by AARP, the new product will be available for sale July 30. Later this year, Genworth will launch it as a group product for AARP members that will include a special 5-year rate guarantee, 60-day opt-out clause, and unprecedented inflation protection features. It appears our top provider is making a move to become the nation's choice for LTCi!