The AARP, which stands for the American Association for Retired Persons (AARP), is a well-known insurance company that mostly provides long-term insurance plans for retirees and the elderly. It currently has over seven million members who have some form of the insurance policy with the organization, earning more net income from its insurance sales, rather than the dues paid by its members.
The organization was originally established by Dr. Ethel Percy Andrus in 1958, evolving from an earlier organization called the National Retired Teachers Association, or the NRTA, established in 1947. Her intention was to advertise her philosophy of productive aging and provide health insurance to retired teachers. 10 years later, she broadened the organization to all Americans that were over the age of 50, thus creating AARP.
A man named Andy Rooney claims that AARP was formed by means of an insurance salesman named Leonard Davis in 1958, shortly after meeting Dr. Ethel Percy Andrus. He seized the opportunity to sell his insurance to the elderly, instead of only retired teachers. His prospect of the organization caused him to invest into it $50,000, which established the AARP.
The AARP as we know it is an insurance organization to look to when looking for not only insurance that you can depend on for long periods of time, but will be reasonably priced. Not only can it be used for personal insurance, but also to provide insurance for your entire family at a great price. The goal of the AARP is to provide its customer with the maximum benefits, as well as a service that will be greatly appreciated. Included with many insurance plans from the AARP are ideas that help consumers to be provided with the greatest number of benefits as possible.