No Waiting Period
You are covered for the full benefit amount from the first day coverage takes effect. Once you are approved, you’ll have greater peace of mind knowing your family is protected. Term life.
Protection to Age 80
This insurance coverage can never be cancelled without your consent—regardless of your health. As long as you pay premiums when they're due and your Enrollment Form contains no misrepresentations about your medical history, you're covered to age 80.
Guaranteed Exchange Privilege
At any time until insurance ends at age 80, you can exchange Level Benefit Term Life for permanent life insurance without a medical exam. Rates will be based on your age at that time.
You'll receive a Certificate of Insurance when coverage is approved. If you decide the coverage isn't for you, for any reason, you can return it within 30 days for a refund.
If death results from suicide in the first two years, benefits will not be paid.
10 year level term life insurance rates
(In Washington, specific state rules apply.)
Benefits Won’t Decrease
Your benefits will remain the same for the full length of your coverage—even if your health declines.
Premiums are arranged in five-year age bands, and increase as you enter each new band.
If you're diagnosed with a terminal illness and given a life expectancy of 12 months or less*, you can access half your benefit amount.
(Not available in Massachusetts and Washington.)
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.
Your coverage will continue without interruption, but no premium payment will be required for as long as you're confined.
It doesn't take a lot of time or paperwork to apply for AARP Level Benefit Term Life. AARP members can apply by mail or online (in most states). There's absolutely no cost or obligation when you request information.
Low cost life insurance