Life Insurance Quotes
For individuals who are over age 50 and who are seeking life insurance coverage, one of the first places that is often explored is AARP. AARP offers group life insurance coverage at a discount that is exclusively for its members, as well as members’ spouses – and this coverage is relatively easy to qualify for. Policies do not require taking a medical exam, with coverage acceptance that is based on only a few health related questions on the application.
AARP is a non-profit membership organization that assists individuals who are age 50 and over to improve the quality of their lives. The organization was previously known as the American Association of Retired Persons, and today it has grown into a substantially large entity with a membership of more than 40 million people.
The organization is a provider of information and education to its vast membership base, as well as an extremely powerful lobbying force. It also endorses a wide variety of products and services to its members – including life insurance and other financial related vehicles.
The life insurance policies that are offered through AARP are underwritten by New York Life Insurance Company, a highly respected and very strong contender in the financial and life insurance industry today.
New York Life is an extremely strong insurance company in terms of its financial strength and its claims paying ability. This is good news for its policy holders, and should provide peace of mind in knowing that the company can make good on paying out its life insurance claims in the future.
The company has been given the highest possible ratings for financial strength that are currently awarded to any life insurance company from the leading independent rating agencies. These ratings include the following:
Comparing No Exam Life Insurance Policies
When searching for AARP no exam policies, there are choices that seniors can make in terms of the coverage that they purchase. These include both level benefit term life insurance, as well as permanent life insurance.
With the level benefit term life insurance policy through AARP, an individual can buy up to $100,000 in life insurance protection, and coverage can be purchased in amounts of $10,000, $25,000, $50,000, $75,000 and $100,000.
When applying for AARP’s level term life insurance policy through New York Life, there is no waiting period, meaning that applicants can get their coverage right away – providing loved ones with immediate peace of mind.
There is also no medical exam to contend with, meaning that you need not worry about submitting a blood and urine sample. Acceptance for coverage is based simply on answers to three health related questions on the applications, as well as additional information that is either provided or that is obtained with permission by the applicant.
AARP members can also purchase up to $50,000 in permanent life insurance protection with no medical exam. As with term life insurance coverage, there is no waiting period for coverage to begin, and no medical examination required for acceptance.
With a permanent life insurance policy, the premium rates are locked in for the life of the policy. Therefore, you will not be charged additional premium simply because you grow older. In addition, there are no specific lengths for coverage on permanent life insurance policies, meaning that you can keep a permanent policy throughout your entire life, as long as the premiums are paid. Coverage for AARP permanent life insurance policies can be purchased in amounts of $5,000, $10,000, $15,000, $25,000 and $50,000.
Eligible participants for term life insurance coverage include AARP members who are between the ages of 50 and 74, as well as spouses who are age 45 to 74. Those eligible to purchase permanent life coverage through AARP include AARP members who are between age 50 and age 80, as well as spouses of AARP members who are between the age of 45 and 80.
Those who are not yet members of AARP, can apply for AARP and can also apply for life insurance at the same time. Life insurance coverage can be applied for either online or via a paper application through the mail.
Prior to purchasing any type of life insurance product, it is essential to compare policy benefits and premium quotes. Although AARP endorses high quality products and services to its members, it is oftentimes important to do a side by side comparison of other available products in the marketplace, as prices are not always the lowest – even with the AARP discount.
At NoMedicalLifeInsurance.net we help you in finding the life insurance coverage that is right for you at an affordable premium cost – directly from your home computer and without the need to meet with an insurance agent. In order to get the process started, simply filling out the form on this page.
If you have any additional questions about comparing life insurance products, comparing life insurance quotes, or even about life insurance overall, please feel free to contact us directly, toll-free, at 888-229-7522 and we will be happy to help you. We want to ensure that you find the life insurance protection that you and your family need in order to obtain the peace of mind that you deserve.
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