Key Points
- Affordable senior coverage
- No medical exam option
- Backed by New York Life
- Flexible term and whole life
Time comes when you reach a certain age in your life and you finally want peace of mind. No matter what will happen to you just knowing that your loved ones and family will be taken care of. There are so many people over 50 who start thinking seriously about their financial security and how to protect their families. That’s where AARP life insurance often becomes a popular choice.
AARP has teamed up with New York life, and this is one of the most trusted and well-known insurance companies in the country, simple and affordable plans that are especially made for the seniors
In this easy guide we will break down everything you need to know, what AARB life insurance is, how much it will cost by your age, the benefit and drawbacks so let’s get started.
What Is AARP Life Insurance
AARP American Association of retired persons work with New York life insurance company to offer life insurance only for AARP members. You can join AARP once you turned 50. Their life insurance plans are specially made for people aged 50 to 80.
Types Of AARP Life Insurance Plans
Life Insurance AARP Rates by Age
Let’s have a look at the estimate of this life insurance date by age for non-smokers, male applicants actual rate can vary by state, gender, and health. So make sure to confirm before buying the plan.
| Age | Term life monthly | Whole life monthly | Guaranteed acceptance monthly |
| 50 | $20–$25 | $40–$45 | $55–$60 |
| 60 | $35–$40 | $65–$75 | $80–$90 |
| 70 | $65–$75 | $110–$120 | $125–$135 |
AARP Term Life Insurance
AARP term life insurance gives coverage for a limited time, usually until age 80. It is great for seniors who want short-term protection for things like loans or pills. No medical exam is needed, just a few questions. Coverage ends at 80 and premium in cases as you get older.
AARP Whole Life Insurance
AARP whole life insurance lasts your entire life if you keep paying. It also builds cash venues you can use later. Premiums never increase, so it is easy to manage. No medical exam is needed. This plan is good for lifelong coverage and those who want stable monthly premiums.
AARP Guaranteed Acceptance Life Insurance
AARP guaranteed acceptance life insurance is for seniors with health issues. This plan gives you guaranteed approval for the age of 50-80, and also comes with no medical exam. This plan gives you coverage from $2500-$25,000, and the premium never goes up. There is a two-year waiting period, but it is great for covering funeral or final expenses easily.
AARP Life Insurance for Seniors Over 60, 70, and 80
Over 60
When you are over 60 years, AARP gives you two choices, the first one is term life insurance and whole life insurance. Term life comes with a coverage of a fixed number of years while the whole life will cover you for your entire lifetime. The good thing is that both plans can help you to protect your family and give peace of mind for the future.
Over 70
After 870, term life insurance becomes harder to get, but you can still apply for a whole life for guaranteed acceptance plans. These options keep life on coverage. However, the monthly cost is usually higher because the risk of health problems increases as people get older.
Over 80
For people over 80, AARP offers the green team acceptance plan. Everyone in this age group is accepted, no matter their health. This plan usually helps cover funeral or final expenses, so your family does not have to worry about paying those costs when the time comes.
AARP Insurance Rates By Age and Gender
How Much Does Life Isurance Cost?
But you have to keep these things in mind that;
- These are the estimated monthly premiums for AARP or New York life whole life insurance
- All the rates can vary depending on state, health, and smoking status
- Prices tend to rise with age and coverage amount
How Much Does AARP Insurance Cost?
AARP life insurance costs depend on your age, gender, health and coverage amount generally
- Term life starts around $16-$25 per month at age 50
- Whole life ranges from $40 to $80 per month for the same age
- Guaranteed acceptance begins near $55 per month
Comparison – AARP vs Other Senior Life Insurance Providers
Pros and Cons of AARP Life Insurance
| Pros | Cons |
| Easy approval, no exam | Limited coverage amounts |
| Backed by new york life | Rates increase with age |
| Whole life plan builds cash value | Waiting period on guaranteed plans |
| Designed for seniors | Must be an AARP member |
AARP Life Insurance Review
Customer feedback about AARP life insurance is mixed
Positive reviews
- Customer says that it is the simple online quotes system
- Reliable new york life backing
- Fast approval process
Common complains
- Premiums increases with age
- Limited maximum coverage
- Hard to reach live support at times
If you want to give you a review or you want to contact AARP all you need just go to aarp life insurance login page or you can also contact aarp life insurance phone number from their website.
Final Thoughts
AARP life insurance provides the best and the simplest staff insurance policies, the plans are specially designed for the seniors who create these plans without any new medical exam or wait. You just have to make sure that before you check the rates in the coverage options. So that you can get the better plan that with your budget needs. No matter if you are in your 50s or 80s, AARP will always be there to help you with your best life insurance plans.
Choosing the right life insurance can be in place, but it does not have to be. Insure guardian makes it easy to compare trusted plans like ARB, globe life, and mutual of Omaha all in one place.
FAQs
How much does AARP life insurance cost?
AARP life insurance prices depends on your age, health, and cover amount. So whenever you buy the plan you have to make sure that you can check all the prices and buy the one that matches your budget and needs
Is AARP good life insurance for seniors?
yes AARP is a good option for seniors because it is made specially for people over 50 it is offered through aarp new york, a trusted company. You can also get the coverage without a medical exam, which makes it easier to qualify.
What is the best life insurance for seniors?
The best life insurance depends on what you need
- If you want simple coverage for funeral or final cost a guaranteed acceptance policy is good
- If you want long-term protection, a whole life policy is better
- If you only need coverage for a short time term life can work well
How much does $100,000 life insurance policy cost a month?
The cost can start around $25 $100 a month, depending on your age, health and type of plant. Younger people pay less, while older people pay more for the same coverage.
Expert Life Insurance Agent and health insurance agent
Dylan is your go-to guy for life and health insurance at InsureGuardian. He’s helped over 2,500 clients just like you figure out the best insurance plans for their needs. Before joining us, Dylan was sharing his expertise on TV with Global News and making a difference with various charities focused on health. He’s not just about selling insurance; he’s passionate about making sure you’re covered for whatever life throws your way.