Life insurance is one of those essential financial tools we often put off thinking about—until life reminds us just how important it really is. Whether it’s to provide peace of mind for your loved ones, cover final expenses, or leave a legacy, having a solid life insurance plan in place can make a significant difference. If you’re over 50 and beginning to explore your options, you’ve likely come across AARP Life Insurance. This program, offered in partnership with New York Life—one of the most respected and financially stable insurers in the United States—is specifically designed to meet the unique needs of older adults. With simplified applications, no required medical exams, and a reputation for trustworthiness, AARP Life Insurance is often one of the first options people consider in this stage of life. But with so many providers and policy types on the market in 2025, how do you know if it’s truly the best choice for you? In this comprehensive review, we’ll break down the types of coverage available, the pros and cons, and how AARP compares to other top insurers—so you can make an informed decision with confidence.
Advantages of AARP Life Insurance in 2025
There are several appealing benefits to AARP Life Insurance this year. Perhaps the most significant is that none of the plans require a medical exam, making them easily accessible to seniors with health conditions or concerns. The backing of New York Life adds another layer of trust, with the insurer boasting over 175 years of experience and receiving top-tier financial strength ratings from agencies like AM Best. These policies are designed specifically for older adults, offering simplified underwriting and a fast, convenient application process—either online or through the mail—which makes them especially attractive for those seeking a stress-free solution.
Potential Drawbacks You Should Know
Despite its strengths, AARP Life Insurance does have some downsides that may be dealbreakers for certain individuals. To begin with, you must be an AARP member to apply for coverage, though the membership fee is fairly low at around $16 per year. More importantly, the premiums tend to be higher than those of fully underwritten policies offered by competitors—largely because no medical exam is required. The coverage limits are also relatively modest; those looking for policies over $150,000 will have to look elsewhere. And if you’re considering term life coverage, be aware that premiums increase every five years until you reach age 80, which can become costly over time.
How AARP Compares to Other Providers in 2025
When comparing AARP Life Insurance to other popular providers in 2025, some key differences become apparent. For example, digital insurers like Bestow may offer term coverage up to $1.5 million, often with fixed premiums and lower costs for healthier individuals. Mutual of Omaha, another widely trusted company, provides more flexible age limits and a broader range of coverage options. In contrast, AARP’s policies are capped at $150,000 and primarily cater to those who prioritize simplicity over customization. While AARP stands out for its ease of access and no-exam policies, it’s not the best option for those who can qualify for larger, more cost-effective policies elsewhere.
Who Should Consider AARP Life Insurance?
AARP Life Insurance is best suited for adults aged 50 to 80 who want straightforward, no-hassle coverage and may not be in perfect health. It’s ideal for people seeking modest coverage without going through a medical exam and for those who value the security of working with a highly reputable provider like New York Life. On the other hand, if you’re in relatively good health, can pass a medical screening, and need more than $150,000 in coverage, other insurers may offer more suitable and cost-effective options.
Is AARP Life Insurance the Best Option for You?
Whether or not AARP Life Insurance is the best choice depends largely on your personal situation. For those seeking fast, accessible coverage from a trustworthy source without medical exams, AARP is a solid option. However, if you’re looking for more affordable premiums, higher policy limits, or guaranteed level-term rates, it’s worth comparing offers from other providers. In other words, AARP Life Insurance can be the right fit for some, but not necessarily for everyone.
Final Verdict: Our 2025 Rating
In our 2025 review, we give AARP Life Insurance a rating of 4 out of 5 stars. It earns high marks for trust, simplicity, and accessibility, especially for seniors with health issues. However, it loses points for relatively high premiums, lower coverage limits, and term policies with increasing premiums. Overall, it’s best for those seeking a dependable, no-exam policy for modest coverage amounts, while healthy individuals may want to look at alternatives for better long-term value.
What to Do Before You Apply
Before committing to any policy, it’s smart to take a few simple but important steps. Start by comparing quotes from several insurance providers to ensure you’re getting the best value for your needs. Decide whether term or whole life better fits your goals, and consider how long you’ll need coverage. Make sure to read the fine print—especially regarding premium increases and policy limitations. And finally, consider speaking with an independent insurance advisor if you need help evaluating your options.