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AARP Term Life Insurance Rates Chart By Age (2023)

  • Rikin Shah | Licensed Life & Health Insurance Agent
  • Fact-Checked (see our Editorial Guidelines)
  • Updated: March 15, 2023
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    Note: This article will focus exclusively on AARP life insurance rates for seniors.  For a full review of the AARP-New York Life life insurance program, see

    AARP is a fantastic organization with a great reputation.

    When it comes to life insurance, there is one thing that matters above all else: trust.  People trust the AARP brand, and therefore, are eager to check out AARP life insurance rates.

    Let’s see what these rates look like for their three products:

    • Guaranteed Acceptance Life Insurance
    • Permanent Life Insurance
    • Level Benefit Term Life Insurance

    AARP Term Life Insurance Rates

    First up, we have the Level Benefit Term Life Insurance Product from New York Life and AARP.

    Use the tabs below to toggle between rates for men and women, smokers vs. non-smokers.

    AARP Term Life Insurance Rates Chart (Ages 50-74)

    4 Key Features Of AARP’s Term Life Insurance

    When you request a quote from AARP, you’re presented with a page that looks like this:

    AARP New York Life Term Life Insurance Quote

    There are three things worth noting here that are not obvious at first glance:

    Wide Coverage Options
    While it may look like you can get coverage in only the five amounts shown below, once you enter their application, you can choose a more precise level of coverage.  You can buy a term life insurance policy from AARP in increments of $500, from $10,000 to $150,000.

    AARP's rates increase every five years

    Increasing Rates
    AARP’s term life insurance rates increase over time (every five years).

    These rate increases are similar to Globe Life’s policies, whose rates also increase every five years.  However, AARP is more upfront about this fact, as it lays out a table of your future rates towards the bottom of the page, as shown below.

    Here’s how to read this table:

    1.  If a non-smoking male buys a $50,000 policy at age 53, his rate would be $45/month
    2. At age 55, this would increase to $65/month
    3. At age 60, his rate would increase again to $94/month
    4. At age 65, his rate would be $128/month
    5. Finally, when he turned 70, his rate would increase to $184/month (more than 400% his initial rate!)

    AARP term life rate increases

    Non-Guaranteed Rates

    Coverage Ends at 80

     

    AARP Guaranteed Acceptance Whole Life Insurance Rates

    The first of AARP’s three life insurance products that we will cover is its guaranteed issue life insurance product.

    As you’ll quickly notice in the tables below, the rates are fairly high.   There are two reasons for this:

    1.  The first is that the rate is locked in for life (as long as you continue paying your premiums).  Whereas Term Life rates rise whenever you enter a new five-year age band, Guaranteed Acceptance rates stay the same over the life of the policy. Because AARP Guaranteed Acceptance Life provides acceptance without medical underwriting, the premium includes an extra mortality risk charge.

    AARP Life Insurance Rates For Men (Ages 50-80)

    Age$5K$10K$15K$25K
    50$30 $59 $88 $146
    51$31 $61 $91 $150
    52$32 $63 $93 $155
    53$33 $65 $96 $159
    54$34 $67 $99 $164
    55$35 $69 $102 $169
    56$36 $71 $105 $175
    57$37 $73 $109 $180
    58$38 $75 $112 $186
    59$40 $78 $116 $192
    60$41 $80 $120 $199
    61$42 $83 $123 $204
    62$43 $85 $127 $210
    63$44 $87 $130 $215
    64$45 $89 $133 $220
    65$46 $91 $136 $225
    66$48 $94 $140 $223
    67$49 $97 $145 $241
    68$51 $101 $151 $250
    69$53 $105 $157 $260
    70$55 $108 $161 $268
    71$56 $111 $165 $275
    72$57 $113 $169 $281
    73$59 $116 $173 $288
    74$61 $120 $179 $297
    75$62 $123 $184 $306
    76$65 $128 $191 $317
    77$67 $132 $197 $328
    78$69 $136 $204 $338
    79$71 $41 $210 $349
    80$73 $145 $216 $360

     

    AARP 2022 Life Insurance Rates for Women (Ages 50-80)

    Age$5K$10K$15K$25K
    50$23 $45 $67 $110
    51$24 $46 $69 $113
    52$24 $47 $70 $116
    53$25 $49 $73 $120
    54$26 $51 $75 $124
    55$27 $52 $78 $129
    56$28 $54 $80 $132
    57$28 $55 $82 $136
    58$29 $57 $84 $139
    59$30 $58 $86 $143
    60$31 $60 $89 $147
    61$32 $62 $92 $153
    62$33 $65 $96 $159
    63$34 $67 $99 $165
    64$35 $69 $103 $171
    65$37 $72 $107 $177
    66$38 $74 $111 $184
    67$40 $78 $116 $192
    68$41 $81 $120 $200
    69$43 $84 $125 $208
    70$44 $87 $130 $215
    71$45 $89 $133 $221
    72$47 $92 $137 $228
    73$48 $95 $141 $234
    74$49 $97 $145 $241
    75$51 $100 $149 $248
    76$52 $102 $153 $254
    77$53 $105 $156 $260
    78$54 $107 $160 $266
    79$56 $110 $164 $272
    80$57 $112 $167 $278

     

     

    Rikin Shah
    Rikin is the Co-Founder & CEO of GetSure. He is a licensed life, accident & health insurance agent in all 50 states (plus D.C.) and has over 15 years of experience in the financial services industry. He holds a B.S. in Applied Mathematics from Columbia University and an MBA from The Stanford Graduate School of Business. If you'd like to book a call with Rikin to discuss your life insurance needs, don't hesitate to schedule a call.
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