AARP Life Insurance and Burial Insurance Review

AARP Life Insurance

About AARP life insurance

AARP Life insurance offers Burial insurance and Final Expense insurance plans at affordable prices. When you need a good senior life insurance policy with the right benefits, the AARP life insurance plan may be your answer. Developed by New York Life Insurance Company, AARP Life insurance will provide your beneficiaries an invaluable financial peace of mind, should you pass away unexpectedly.

Why Choose AARP Life Insurance*

AARP Life insurance provides aged individuals with a number of Final Expense life insurance policies to choose from, as well as, great benefits that come with it. That is why a lot of individuals like their plans.

Some of the AARP Whole Life insurance benefits and requirements include:

  • The aspiring policyholder must be between 25-85 years old
  • Flexible coverage plans which start from $3,000 and go up to $50,000
  • No medical exam required to qualify
  • Additional benefit for accidental death
  • Premiums are guaranteed not to change due to health
  • Designed to cover your funeral and burial expenses

It is always a good idea to compare AARP Life Insurance Quotes with other top rated Life insurance Companies. We have many options on our website with the help of our Life Insurance Calculators.

Compare AARP Burial Insurance Quotes

AARP Life Insurance Plans

AARP offers 2 guaranteed life insurance plans for people to choose from.

AARP Term Life Insurance

This AARP life insurance policy provides protection for individuals between 50-74 years of age. In this policy, prospective policyholders are not required to take a medical exam; they are only required to submit some documentation and health-related information so that they can qualify quickly for coverage.

The coverage grants policyholders with up to $100,000 in insurance. For those who opt for the affordable coverage plan, the policy remains active till their death, or till the time they reach 80 years of age. It is very important to know that this type of Term Life insurance does not guarantee level premiums, and your monthly payment will increase every 5 years. Please refer to the AARP Term Life Insurance Rate Guide for more details.

AARP Permanent Life Insurance

AARP burial insurance is a permanent Life Insurance Policy available to AARP members between 50 and 80 years of age. To qualify for coverage, you only need to answer 3 health questions on application. This type of Life Insurance is a convenient way to help surviving family members cover medical costs and pay for funeral expenses.

However, please be aware that an AARP Permanent Life Insurance Policy does not guarantee level premiums and your monthly cost may increase in the near future. Furthermore, during the first two years, New York Life reserves the right to cancel your permanent life insurance policy if your application contains inaccurate information concerning your medical history. This is why is so important to do a little research and select the right Final Expense Insurance plan that meets your needs and affordability.

AARP Guaranteed Life Insurance

As with the permanent life insurance, this type of insurance will last a lifetime with up to $15,000 in protection,but with a 2-year waiting. Also, there is no physical exam and the premiums do not go up over time. While there are no health questions, there is an extra mortality risk charge that is included. Comparing AARP Guaranteed whole life insurance is fairly easy, thanks to our Guaranteed Whole Life Calculator. We provide many top rated guaranteed whole life plans with the best insurance companies. Simply type in the Amount of coverage you want, your Age, your State, and choose one of our products in order to get all the information and a free quote. Once you have decided on which one to select, you can apply online and get approved in as fast as 48 hours!.

*Disclaimer: We do not represent AARP Life Insurance Products or its affiliates. This article is for informative purposes only.

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