AARP Life Insurance Program

AARP Level Benefit Term Life Insurance

from New York Life Insurance Company

Provides up to $100,000 of valuable group term life insurance, exclusively for AARP members from New York Life. There's no medical exam. Your acceptance is based on your answers to health questions and other information you provide or give us permission to obtain.

Online application may not be available in all states.
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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 74 are eligible to apply for this group coverage. Not a member? No problem! You can join and apply at the same time. Learn more about the benefits of AARP membership.

No Medical Exam

There is no physical examination or medical tests. Acceptance is based on your answers to health questions and other information you provide or give us permission to obtain.

Current Monthly Rates
Issue Age

*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. Your initial premium is based on your age at issue; premiums increase as you enter each new five-year age band and will be based on the current rates at that time. Premiums are not guaranteed; however, your rates may change only if they are changed for all others in the same class of insureds. Age bands end at ages 75–79. Coverage ends at age 80. 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 different rates than shown above.

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.

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 80.1

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.

30-Day Guarantee

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.

An Exclusion

If death results from suicide in the first two years, benefits will not be paid.2 (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.

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.3

*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.4 Your coverage will continue without interruption, but no premium payment will be required for as long as you're confined.

Simple Application

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.

Apply Online Now

Get Free 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 02/01/2020.
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)
Underwriting Information: In addition to the information that is furnished in the application, we may use your signed authorization to request medical information and prescription drug history from your physician, hospital or other health care provider, MIB Inc., pharmacy, pharmacy benefit manager or medical information retrieval service. We may disclose information we collect about you as required or permitted by law.

You have a right of access to certain personal information we maintain in our files about you. You may request correction, amendment, or deletion of any information to which you may have access. You may receive a full description of your rights to access, correct, amend or delete information by writing to us at the address on the Enrollment Form.

Information regarding your insurability will be treated as confidential. New York Life or its reinsurers may, however, make a brief report to MIB Inc., a not-for-profit membership organization of insurance companies, which operates an information exchange on behalf of its Members. If you apply for life or health insurance coverage or a benefits claim is submitted with another MIB Member company, MIB or New York Life will supply that company with the information in its file upon request.

To request that MIB disclose any information in its file to you, please call 866-692-6901. If you question the accuracy of the information, you may seek a correction in accordance with federal Fair Credit Reporting Act procedures. MIB’s information office address is 50 Braintree Hill Park, Suite 400, Braintree, MA 02184-8734, and the website is

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

1 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.

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

3 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 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.

4 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. Premiums will be waived until age 80 if you are in a nursing home. At that time, you can exchange your coverage for permanent life insurance.
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.