Affordable Life USA has provided affordable life insurance for seniors for over 25 years. One of the questions we are frequently get asked is: how do your premiums compare to AARP life insurance rates?

If you are looking for senior life insurance or need life insurance for parents, we are providing comprehensive AARP life insurance review to help you with your search. In our AARP life insurance review, we will evaluate each of their plans compared to purchasing individual coverage.

Many people are surprised to learn that the popular organization called AARP is only a marketing organization and not a life insurance company.

In fact, the organization was originally set up by a life insurance agent as a strategic way to market affordable life insurance to seniors.

AARP is a large organization boasting over 38 million members ages 50 and over. They opened for business in 1958 and now have offices in all 50 states. In order to qualify for the AARP life insurance program you must also be an active member.

AARP New York Life Insurance Plans

If you get an AARP life insurance quote, the policy is actually being underwritten by New York Life. The AARP life insurance rates are based on group insurance rates offered by the New York Life group division.

The AARP New York Life insurance rates will be significantly higher compared to the policies which are sold by New York Life agents in the open market. New York Life is a very well known insurer with an A++ (Superior) financial strength rating from A.M. Best.

The coverage offered by AARP New York Life insurance includes both term and permanent life insurance.

Both plans utilize simplified underwriting, which means New York Life insurance reviews only a few medical questions and you do not have to undergo a medical exam to qualify for coverage.

Seniors in poor health also have an excellent option with AARP guaranteed acceptance whole life. This policy is unique because you are automatically approved with no medical questions asked.

Your AARP life insurance rates will vary depending on which plan you select. We will highlight the key features and provide sample rates for each of the four AARP life insurance programs.

AARP Level Benefit Term Life

AARP Permanent Life

AARP Guaranteed Acceptance Life

AARP Young Start Program

AARP Term Life Insurance



The official name of their term insurance plan is called AARP Level Benefit Term Life.

Here are the key features of level benefit term life:

With AARP term life no medical exam is required

Your acceptance is based on several general health questions

AARP level benefit term life insurance is expensive

The AARP life insurance payments will go up in cost every 5 years

The maximum coverage amount is $100,000

The policy can issued between ages 50-75

The AARP death benefits will remain the same but, coverage will expire at age 80

The policy can be converted into a permanent life insurance policy

So, are AARP life insurance rates for seniors a good deal?

Unless you have a pre-existing medical condition, we normally would not recommend AARP term life insurance for seniors.

Mainly because the premiums are high and will continue to increase as you get older.

The rates are determined by which five year age bracket you fall into and, each time you enter a new age bracket, the rates increase significantly.

Another negative feature to keep in mind when considering AARP term coverage is that your policy ends when you turn age 80.

So, senior citizens living even a normal life expectancy will actually out live their coverage.

What should you do?

Senior citizen’s needing long term coverage are encouraged to learn about alternative options in our article about buying term life insurance for seniors.

aarp term life insurance rates vs. our term insurance



Want to compare our term life quotes with AARP life insurance rates!