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AARP

Updated on November 21, 2024 , 927 views

What is AARP?

AARP is an American organisation founded in 1958 by a retired educator, Dr Ethel Percy Andrus. It is America’s leading organisation for people aged 50 and older. It is a non-profit and nonpartisan association with a membership of over 40 million.

AARP

AARP is one of the most successful lobbying group, business, selling life and group health insurance. It offers investment products and other financial and non-financial services.

It offers benefits to its members, marketing services and also lobbying on their behalf. It provides information, research, education, advocacy, along with community services. This is down through a large network of volunteers at local levels. It aims at consumer issues, work, health, independent living issues, judicial, consumer advocacy and economic security.

In 2018, AARP produced $1.65 billion as revenue. This came from a variety of activities like advertising, publication revenues and also royalties for licensing its name and logo.

The major source of Income for the organisation is membership fees.

Affiliates of AARP

AARP has several affiliated organisations. They are mentioned below:

1. AARP Foundation

The AARP Foundation is a non-profit charity organisation that assists people who are above the age of 50. These people might be facing economic or social risk.

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2. AARP Services

AARP produce and manage various products and services on a profit-making Basis.

3. AARP Financial Services

The AARP financial services are for Real Estate. It functions on a profit-making basis.

4. AARP Insurance Plan

AARP offers Group Insurance plans.

This is a service for the elderly and functions on a non-profit basis in Washington, DC. It provides legal services to the elderly.

6. AARP Driver Safety

AARP offers a programme which aims at the driver’s safety.

AARP offers various other initiatives like television programmes for seniors, sponsorships for social causes and awareness to fight hunger in America.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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