AARP Guarenteed Acceptance Life Insurance

Question

Can I be turned down?

Answer

No - this coverage is out there to all AARP members ages 50 to 80 and their spouses or partners ages 45 to 80 (in NY, member and spouse should be 50 to 75). So long as you're within plan coverage limits, you cannot be turned down for AARP Guaranteed Acceptance Life insurance.

The AARP Life Insurance Plan is endorsed by AARP, a non-profit membership organization that assists people 50 and over to strengthen the quality of their lives.

To obtain Guarenteed Acceptance Life Insurance from AARP members Call New York Life at 1-800-865-7927

 - 8 a.m. to 10 p.m. (Eastern Time) Monday via Friday, or 9 a.m. to five p.m. Saturday

As much as $15,000 in life insurance coverage

No medical exam

No wellness questions

Rates won’t go up as you grow older

Permanent insurance it is possible to maintain your whole life

Basic enrollment form; acceptance is guaranteed

Limited advantages for initially two years 

Who is Eligible

AARP members ages 50 to 80 and spouses ages 45 to 80 are eligible to enroll. If you aren’t yet an AARP member, you can join AARP and enroll in Guaranteed Acceptance Life insurance at the same time by mail. This item just isn't obtainable to residents of New Jersey and Washington.

Acceptance Guaranteed

As the name suggests, you can’t be turned down for Guaranteed Acceptance Life insurance so long as you are an AARP member ages 50 to 80 (45 to 80 for spouses of AARP members). It definitely is that uncomplicated. And mainly because acceptance is guaranteed, AARP members who reside in most states can even enroll on-line now.

No Medical Exam or Health Questions

You don’t need to see a physician, take any medical tests or answer any medical questions. In truth, you never have to give a single detail about your present wellness or medical history.

Rates Will not Increase

 Due to Age or Well being.  Your premiums are according to your age when you apply, and won't increase simply because you grow older. The truth is, you could in no way be singled out for a rate increase for any reason, such as modifications in health. Your rates can only alter if they're changed for all other people within the same 'class of insureds' under this group policy. Due to guaranteed acceptance with out medical underwriting, the premium contains an added mortality threat charge. Medically underwritten goods are also out there.

Lifetime Protection.  This is permanent life insurance you can maintain for your entire lifetime, provided premiums are paid when due, as opposed to term insurance coverage that may possibly finish at a specific age. That’s essential if you want to be sure to leave life insurance rewards for your loved ones, regardless of how long you live.

Limited Benefit Period.  Simply because acceptance is guaranteed, death from natural causes for the duration of the first two years of coverage pays just a portion of the benefit quantity. Throughout this period, your beneficiary receives an amount equal to 125% of the premiums paid. Full benefits will probably be paid for accidental death from day one of coverage. (PA, MN, and MO residents have unique rewards payable)

Benefits Will not Decrease.  After the first two years, your benefits are guaranteed not to decrease due to the fact you grow older or your health conditions change. The benefit level you start off with will be the one you maintain so long as you are insured.

Paid-Up Feature.  Your premium payments will finish at age 95, but coverage will continue in full for the rest of your life.

An Exclusion.  There's an exclusion. If death outcomes from suicide in the very first two years, rewards won't be paid. Missouri and North Dakota residents: The suicide exclusion applies only for one year.

30-Day Guarantee.  You’ll obtain a Certificate of Insurance when coverage is approved. In the event you decide this coverage isn’t for you, for any reason, you could return it inside 30 days and get a refund of any premium you paid.

Very simple Enrollment Form.   It does not take a great deal of time or paperwork to enroll for AARP Guaranteed Acceptance Life. AARP members can enroll by mail or online (in most states). There’s completely no cost or obligation whenever you request information.