AARP Life Insurance ensures the financial security of your family I the event of your untimely death. Covering thousands of Americans already, AARP provides comprehensive life insurance that you can trust in. AARP life insurance will take care of a variety of medical costs and other financial obligations after your death. While many are often put off by potentially high costs of life insurance, the AARP prides itself in providing affordable coverage for Americans. If you are interested in life insurance coverage for yourself or a loved one, there are a few things you should know. Read on to learn more about AARP life insurance and what it can do for you.
Coverage
AARP Life Insurance covers a variety of expenses in the event of your death. It’s important not to burden your family with endless expenses after your death when you don’t have to. AARP Life Insurance will make sure all the necessary expenses are paid in full so your family isn’t stuck paying all of it. AARP Life Insurance will cover medical bills and other obligations such as utility bills. It will also cover rent or mortgage payments. For your ease of mind, it will cover most funeral costs, ensuring that your family can grieve for you without having to worry about the bill. With AARP Life Insurance covers you’ll rest plenty easy knowing everything will be paid for in full, eliminating the debt passed on to your family.
Highlights:
- Will cover medical bills
- Will cover funeral costs
- Will pay home/utility bills
Cost
While 80% of Americans believe life insurance to be quite expensive, this as actually not the case, especially when it comes to AARP Life Insurance. Affordable life insurance coverage from the AARP will cover between $10,000 to $100,000, depending on your plan. For $10,000 worth of coverage, eligible females at the age of $50 only pay $10.46 Those looking for a higher level of coverage will need to pay more per month. Prices may vary depending on age and gender, where risk of death may be higher. Those looking for more than $100,000 of coverage will need to call to learn more.
Highlights:
- Will cover $10,000 to $100,000
- Prices vary upon age and gender
- Prices generally start at around $10,000 per month
Application and Eligibility
Eligibility will depend on an individuals circumstances, but in general most middle-age to senior men and women will be accepted. AARP members of ages 50 to 74 will be eligible to apply. Their spouses age 45 to 74 will likewise be eligible to apply. Applying is easy and can be done entirely on line in most states, though not every state. Applying online requires just a few personal details and an application can be completed in just minutes. By doing so you can get a free information kit and an instant free quote.
Highlights:
- Covers AARP members age 50 to 74
- Covers spouses age 45 to 74
- Online application available
History
Since 1958, the AARP has been helping people over the age of 50 improve their lives. New York Life has been around for over 170 years and has been well renowned throughout the years for their service to AARP members. The New York Life’s AARP Life Insurance has been certified by the BenmarkPortal for its customer service. For 11 years in a row it has been a Certified Center of Excellence.
Highlights:
- AARP founded in 1958
- New York Life has been around for 170 years
- Certified Center of Excellence for 11 Years
Conclusion
AARP Life Insurance is a terrific option for AARP members. Cover individuals over the age of 50 and their spouses, AARP Life Insurance is a must have for retired people and anyone facing retirement. With AARP Life Insurance, you’ll be able to relieve your family of the inevitable debt following your death. Don’t leave your family out in the cold without protection.