AARP Life Insurance Program

AARP Permanent
Life Insurance

from New York Life Insurance Company

Provides up to $50,000 of valuable permanent group life insurance, exclusively for AARP members. No medical exam is required-acceptance is based on your answers to health questions and other information you provide.

Online application may not be available in all states.
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Plus, get a free information kit by mail
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Include all forms of tobacco and nicotine use within last 12 months

Features and Benefits

Who is Eligible

AARP members ages 50 to 80 and spouses ages 45 to 80 are eligible to apply. An online application may not be available in all states.

No Medical Exam - Guaranteed

There is no physical examination or medical tests; acceptance is based on your answers to health questions and other information you provide.

Guaranteed Protection for Life

This is permanent life insurance you can keep for your entire lifetime, regardless of how long you live.1

Guaranteed Monthly Rates

Premiums above are the rates New York Life currently charges to people who have not used any forms of tobacco or nicotine in the last 12 months. Tobacco and nicotine users will pay a higher rate. Premiums above are based on your age at issue and are guaranteed to remain the same for life. Accumulated premiums may exceed the death benefit over a certain period of time. If relevant statements of age or facts are not accurate, New York Life will make a fair adjustment of premiums and/or insurance. Residents of Florida: Jason Montgomery is a licensed Florida agent for service to Florida residents. Residents of MT have rates different from those shown above.

No Waiting Period

You are covered for the full benefit amount from the first day coverage takes effect.

Guaranteed Rates Will Never Increase

Your monthly premium is based on your age when you apply, and will not increase simply because you grow older or your health changes.

Benefits Won’t Decrease

Benefits are guaranteed to never decrease for as long as you're insured- as long as you make your payments when they're due and your Enrollment Form contains no misrepresentations about your medical history.2

30-Day Guarantee

You'll receive a Certificate of Insurance when coverage is approved. If you decide this coverage isn't for you, for any reason, you can return it within 30 days and receive a refund.

An Exclusion

If death results from suicide in the first two years, benefits will not be paid.3 (In Washington, specific state rules apply.)

Paid-Up Feature

Your monthly premium payments will end at age 95, or sooner in some states, but coverage will continue in full for the rest of your life.

Cash Value

Your coverage builds cash value over time that you can borrow against.4

Accelerated Benefit

If you're diagnosed with a terminal illness and given a life expectancy of 24 months or less*, you can access half your benefit amount and use the money for whatever you need.5

*12 months or less for NY.

Waiver of Premium for Certain Qualified Nursing Home Confinements

Premiums will be waived after 180 consecutive days of a nursing home stay ordered by your doctor.6 Your coverage will continue without interruption and no premium payment will be required - no matter how long you stay.

Simple Application

It only takes a few minutes for AARP members to apply by mail or online (in most states). There's absolutely no cost or obligation when you request information.

Apply Online Now

Get Info by Mail

We’ll Be There For You And Your Family

All AARP Life Insurance Program coverage is underwritten by New York Life Insurance Company. We have the highest ratings for financial strength currently awarded to any U.S. life insurer from the leading independent rating services.

from A.M. Best
“Exceptionally Strong”
from Fitch
“Very Strong”
from Standard & Poor’s
“Highest Quality”
from Moody’s
Ratings as of 04/01/2020.
Think You Might Want More Coverage?

At New York Life, we have a variety of coverage amounts and insurance options to fit your specific needs. For assistance finding the right protection, give us a call and we’ll be happy to assist you.

Call New York Life at
Mon - Fri: 8 a.m. to 8 p.m. (ET)
Sat: 9 a.m. to 5 p.m. (ET)

A.M. Best, Fitch and Moody's Investors Service Highest Rating. Standard and Poor's Second-Highest Rating.

1 There may be a lower-cost permanent life product available, but it includes a two-year limited benefit period. Please call for details.

2 During the first two years, New York Life reserves the right to cancel your insurance policy if your enrollment form contains misrepresentations concerning your medical history.

3 Missouri and North Dakota Residents: The suicide exclusion applies only for one year.

4 Loans accrue interest and decrease the death benefit and cash value by the amount of the outstanding loan and interest.

5 Please note that receipt of “living benefit” (accelerated death benefit) insurance proceeds may affect your eligibility for public assistance programs. Proceeds may be taxable. You may wish to consult your financial advisor and/or attorney to determine how this may affect your personal situation. Premiums will be lower when the benefit amount decreases by one-half.

Texas Residents: Death Benefits, Cash Values and Loan Values will be reduced if a ‘living benefit’ (accelerated death benefit) is paid. The acceleration of life insurance benefits offered under this certificate is intended to qualify for favorable tax treatment under the IRC of 1986. If these benefits qualify for favorable tax treatment, the benefits are excludable from your income and not subject to taxation. You are advised to consult with a qualified tax advisor about circumstances under which you could receive acceleration of life insurance benefits excludable from income under federal law. Receipt of acceleration of life insurance benefits could also affect you and your family’s eligibility for public assistance programs (Medicaid, AFDC, SSI, or drug assistance). You are advised to consult with a qualified tax advisor and with social service agencies to determine how receipt of these benefits will affect your eligibility for public assistance. Premiums will be lower when the benefit amount decreases by one-half.

6 The nursing home must be primarily engaged in providing skilled nursing care under the supervision of a licensed physician. Nursing home does not include a home or facility used primarily for rest; for the care of drug addicts or alcoholics; for the care and treatment of mental diseases or disorders; or for custodial care.

Privacy Notice:
Your privacy is important to New York Life Insurance Company. We maintain physical, electronic and procedural safeguards that meet state and federal laws. Information we collect, such as name and address, about individuals who request product information will be shared:
• With AARP and its subsidiaries to analyze members' needs and interests. AARP may use non-member information to seek memberships. AARP may share non-health information with other AARP service providers to inform you of member benefits and services that may be of interest.
For residents of certain states, we will not share your information unless you permit us to do so. We will follow your state's privacy law if it differs from the policy described in this notice. To request a copy of our complete privacy notice or to request that your information not be shared, call 1-866-687-5160.
You have the right to access certain information we maintain in our files about you. You may request that we correct, amend or delete it. To receive a full description of these rights, write to us at the address on the Enrollment Form.

Pursuant to Texas Administrative Code 28 TAC § 21.107(d) this provides notification that the association’s directors are not elected by its members and the directors may approve rate increases

Florida Residents: In order to protect against the unintended cancellation of your life insurance coverage, you have the opportunity to have copies of lapse notices sent to another individual whom you designate. A designation form for this will be included with your Certificate of Insurance.