AARP Life Insurance Rates Chart By Age (2024)

Note: This article will focus exclusively on AARP life insurance rates for seniors.  For a full review of the AARP-New York Life insurance program, see our full analysis of AARP-NYL’s offerings.

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:

Choose kindness.

You never know what battles people may be fighting.

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!)

Non-Guaranteed Rates

Unlike most life insurance plans, which have level (or flat) premiums, AARP’s policies have rates that increase every five years.

AARP term life rate increases

Coverage Ends at 80

Finally, as shown towards the bottom of the footnote, “coverage ends at age 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 shown 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 policy’s life. 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

Following this detailed breakdown of AARP’s life insurance rates, you may want to examine life insurance rates with Globe Life. By comparing the rates offered by Globe Life for similar age groups and coverage amounts, you can get a clearer understanding of how life insurance premiums vary between providers.

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