Friday, December 2

How AARP term life insurance works?: AARP Guide

AARP offers a level benefit term life insurance policy option. This plan can provide up to 1,150,000 in death benefit coverage, with a minimum face amount of 10,000. Policies offered through AARP are underwritten by New York Life Insurance Company. AARP members ages 50-74 are eligible to apply for this coverage, and because there is a simple application to complete, As well as there being no medical exam as part of the Underwriting process, most who apply for this coverage will be accepted.

Due to the ease of AARP’s term life insurance approval process, many of these policies can be issued and become effective in a very short period of time (and in some cases, policies can be issued the same day as the application)., The premium rates charged for AARP-level term life insurance are extremely affordable.

For example, for a man who is between the ages of 50 and 54, coverage 10,000 of term life coverage can be purchased for just 14 months per month. This same amount of insurance protection can be purchased by a man between the ages of 70 and 74 for just $32 in monthly premium. Women who are AARP members can get this term life insurance coverage for even less . (This is because women, on average, have a longer life expectancy than men.) As an example, for $10,000 in term life insurance coverage, the cost of the premium for a woman between 50 and 54 years old would be only 1 11 per month. For a woman between 70 and 74 years old, 1 10, 000 in term life insurance coverage is available for just 25 months each month.

These premiums are locked in for the entire duration of the term insurance plan. Because AARP term life insurance coverage is offered by New York Life Insurance Company, policyholders can rest assured that the underlying insurance company is financially strong and stable, and that the company has a positive reputation for paying your life insurance claims. New York Life Insurance Company has been in the business of providing Insurance protection for over 170 years. And, based on its financial stability, New York Life has been awarded the highest possible ratings from insurance rating agencies. These include:

These premiums are locked in for the entire duration of the term insurance plan. Because AARP term life insurance coverage is offered by New York Life Insurance Company, policyholders can rest assured that the underlying insurance company is financially strong and stable, and that the company has a positive reputation for paying your life insurance claims. New York Life Insurance Company has been in the business of providing Insurance protection for over 170 years. And, based on its financial stability, New York Life has been awarded the highest possible ratings from insurance rating agencies.

These include:

These premiums are locked in for the entire duration of the term insurance plan. Because AARP term life insurance coverage is offered by New York Life Insurance Company, policyholders can rest assured that the underlying insurance company is financially strong and stable, and that the company has a positive reputation for paying your life insurance claims. New York Life Insurance Company has been in the business of providing Insurance protection for over 170 years. And, based on its financial stability, New York Life has been awarded the highest possible ratings from insurance rating agencies. These include: Because AARP term life insurance coverage is offered by New York Life Insurance Company, policyholders can rest assured that the underlying insurance company is financially strong and stable, and that the company has a positive reputation for paying your life insurance claims. New York Life Insurance Company has been in the business of providing Insurance protection for over 170 years. And, based on its financial stability, New York Life has been awarded the highest possible ratings from insurance rating agencies.

These include: Because AARP term life insurance coverage is offered by New York Life Insurance Company, policyholders can rest assured that the underlying insurance company is financially strong and stable, and that the company has a positive reputation for paying your life insurance claims. New York Life Insurance Company has been in the business of providing Insurance protection for over 170 years.

Leave a Reply

Your email address will not be published. Required fields are marked *