AARP Life Insurance
From LoveToKnow Insurance
AARP Life Insurance products are available to AARP members and their spouses. These products have many special features and can help provide for the needs of dependents and family members in the event of your death.
About AARP Life Insurance
When AARP decided to offer a life insurance program to their members, they considered proposals from a number of insurance companies. The company they chose to provide the AARP Life Insurance Program was New York Life.
New York Life has been in the insurance biz for more than 150 years and is quite possibly one of the best known names in life insurance. Consistently receiving the highest rankings from Fitch, A.M. Best, and Standard & Poor's, New York Life offers excellent life insurance coverage at an affordable price.
AARP Life Insurance Products
AARP Life Insurance products offer many investment benefits. First, you can't be turned down for coverage because of medical reasons. No matter which life insurance product you choose, you will not be subjected to a medical exam. Acceptance to the AARP Life Insurance Program is based on the answers you provide to three simple health questions. Exact questions vary from state to state.
Another benefit involves non-cancellation. Your AARP insurance policy can never be cancelled without your permission. All you have to do is pay your premiums on time. You will never be singled out for a rate increase, no matter what turn your health takes.
Those who are interested in purchasing AARP Life Insurance can choose from several different products:
Permanent Life Insurance
AARP Permanent Life is designed to provide coverage over a long period of time. The benefit amount for permanent coverage never changes and is always payable, providing you pay the premiums. This insurance policy can give you excellent life-long coverage.
Term Life Insurance
AARP Term Life is designed to last for a specific period of time. Benefits are paid, providing you die during the term that you are insured. Once the policy term expires, the policy can be renewed.
Guaranteed Acceptance Life
AARP Guaranteed Acceptance Life is a group insurance that you cannot be denied. With this insurance product, your beneficiaries receive limited benefits for two years after your death. These benefits can help to provide the financial support your beneficiaries need following your death.
Why Buy Life Insurance
A life insurance policy can help your family by alleviating some of the financial burden that will inevitably result after your death. Proceeds from your life insurance policy can help:
- Cover the cost of funeral expenses
- Pay off final medical or hospice care bills
- Pay off mortgage or other loan balances
- Replace income and provide financial support to a spouse or dependent
You death will be hard enough on your family. Worrying about finances will only add to their burden. By purchasing a life insurance policy, you can make sure your loved ones are taken care of long after you are gone.
Additional Information and Quotes
If you or your spouse are an AARP member and are interested in learning more about the AARP Life Insurance Program, you can request free information kit by calling 1-800-865-7927. You can also request the kit online.
If you have already read up on the AARP Life Insurance Program and want to compare prices or receive a no obligation quote, you can use the Quick Quote Wizard found on the AARP Life Insurance website.
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