Fifteen Local New York Life Agents Are Now Offering AARP Endorsed Products
AARP Members Can Purchase AARP Endorsed Life Insurance And Fixed Annuities Through Local Insurer.
- Raleigh-Durham-Chapel Hill, NC (1888PressRelease) June 11, 2011 - Paul Holmes, managing partner for the Raleigh office of New York Life (http://www.newyorklife.com), has announced that fifteen agents from the Raleigh office of New York Life Insurance Company, have been authorized to sell AARP branded life insurance and fixed annuity products. The authorized agents include:
- Greg Adkins
- Karen Bailey
- Larry Barnes
- Erick Barone
- Fred Barone
- Frank Blue
- Rick Frye
- Nate Jenkins
- Mary Anne Leichliter-Rice
- Steve Maier
- Bob Nowoc
- Adam Persky
- Louis Prosser
- Scott Rumple
- Laura Toomer
For more than 15 years, AARP has endorsed a direct mail program where New York Life has been the provider of life insurance to AARP members. The company has also been the provider of lifetime income annuities to AARP members since 2006. AARP members are now able to work with a New York Life agent and purchase AARP endorsed life insurance and/or fixed annuities that are not available through the direct mail program. As with all AARP endorsed products, these products were put through a review process by AARP to ensure they met the organization's high standards and are appropriate for the 50-plus market. New York Life and subsidiary products endorsed by AARP include Whole Life, Custom Universal Life Guarantee, Level Premium Convertible Term 5 Year, Level Premium Convertible Term 20 Year, Fixed Deferred Annuities and Guaranteed Lifetime Income Annuities.
Only select agents can be part of the program. To participate in the program, each of these agents became certified by passing courses that focus on AARP's members and general market needs. In addition, agents must be top producers, in good standing, and veterans of at least three years with New York Life, as well as Registered Representatives for NYLIFE Securities LLC (Member FINRA/SIPC) a Licensed Insurance Agency.
"We are excited to announce that 15 additional Raleigh agents are now offering AARP endorsed products," said Holmes. "Local members of AARP will now have additional resources available to them as they work to determine their future insurance and financial needs."
- Holmes oversees 16 employees and approximately 120 agents in New York Life's Raleigh office that has been serving families and businesses in North Carolina since 1901. For more information about the full range of insurance and financial products offered by New York Life, please visit www.raleigh.nyloffices.com/.
ABOUT NEW YORK LIFE:
New York Life Insurance Company, 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. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. 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 Investments** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds. Please visit New York Life's Website at www.newyorklife.com for more information.
AARP is a nonprofit, nonpartisan organization with a membership that helps people 50-plus have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50-plus Americans and the world's largest-circulation magazine with more than 35.1 million readers; AARP Bulletin, the go-to news source for AARP's millions of members and Americans 50-plus; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50-plus Hispanic community; and our website, AARP.org. 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. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
*New York Life is the largest mutual life insurance company based on the Fortune 500, ranked within industries, Insurance: Life, Health (Mutual), Fortune magazine, May 5, 2011. See www.money.cnn.com/magazine/fortune for methodology.
**New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
AARP Life Insurance Program products are issued and provided by New York Life Insurance Company and AARP Lifetime Income Program annuity products are issued and provided by New York Life Insurance and Annuity Corporation, a wholly owned subsidiary of New York Life Insurance Company, not by AARP or its affiliates. New York Life pays a royalty fee to AARP for the use of AARP's intellectual property. These fees are used for the general purposes of AARP.
The life insurance and annuity products offered within the AARP Life Insurance and Annuity Program from New York Life are available to the public and endorsed by AARP.
AARP and its affiliates are not insurance agencies or carriers and do not employ or endorse insurance agents, brokers, representatives or advisors.
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