An association with 38 million members is preparing to change its primary source of long term care insurance.
AARP, Washington, says it has picked Genworth Financial Inc., Richmond, Va., to supply coverage for its main LTC insurance program starting in October.
AARP will continue to use the previous LTC insurance supplier, MetLife Inc., New York, to keep existing AARP LTC insurance policies in place and provide service for those policyholders, the group says.