AARP Short Term Life Insurance - Making Informed Decisions

AARP (American Association of Retired Persons) short-term life insurance is for senior citizens and covers expenses for a certain period of coverage. The member must be a US citizen and be 50 to 80 years old to take advantage of the benefits. The short term life insurance can be used for various purposes. Some of the most common uses are to pay off loans or some outstanding mortgages, to provide an extra income for the surviving spouse or to meet the expenses of final illnesses or the funeral.


AARP short term life insurance is comparatively cheaper than many other insurance plans and this is its most prominent feature of all. Some other features are listed below.

  • It includes a provision to insure the spouse of an AARP member, provided the spouse is at least 45 years old.
  • It doesn’t require you to undergo any medical examination, except the requirement of answering the 3 questions concerning to your health.
  • At the age of 95, the insured gets the full payment of premiums.
  • After 2 years, the beneficiary gets the complete benefits, irrespective of the cause of death of the insured.
  • It provides the facility to be applied online or via mail and there is a little chance of the rejection of application.
  • After 2 years, the insured as well as the spouse gets protected under the “Living Benefit” scheme of the AARP life insurance plan. Under this scheme the insured or the spouse can get half of the benefit amount instantly, provided the insured is diagnosed with life expectancy of 12 months or less. But for Illinois, the period of life expectancy that is covered under this scheme is 24 months. Massachusetts is not covered under this scheme. 


Before applying for the AARP short term life insurance, compare it with the short term insurance of other companies. But this is only the first step in securing the best offer for you. Some more precautions include the following:

  • Before applying for the insurance, don’t hesitate to ask for the quotations from the company and the term life insurance disability, if any.
  • In case of suicide in the first 2 years, benefits are revoked but the premium is paid in full.
  • One should clearly understand the difference between the short term life insurance and the insurance for whole life. They have large differences in almost all aspects, like coverage period, premium, final benefits, etc.
  • As the AARP short term life insurance comes very cheap, don’t expect its customer service to be of top-notch quality. You should be prepared to find the answers for many of your queries by self-searching.
  • Decide beforehand, the exact nature of your policy, like whether you want it for your children or spouse or to meet the funeral expenses, etc. Use some term life insurance calculator to calculate if certain policy will meet your requirements.
  • Don’t be confused with the claims of a guaranteed constant premium rate. This only guarantees that your individual rate won’t be increased. But, the rate can increase if it is applied for the whole group of insured, which has the same policy, age and gender.
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