![]() The best part of this insurance is that your spouse can also enroll in this insurance plan if they age between 45 and 74. However, to apply for this insurance, you should be between 50 and 75 years. Just like Open Care final expense insurance, this AARP policy is to help seniors save money for end-of-life expenses. They can use this money for any purpose and need, whether it’s your funeral expenses, health care expenditures, mortgage, debt, or child’s education cost. The best part of these policies is that they pay you a tax-free death benefit that goes directly to your chosen beneficiary. Additionally, not every older adult is eligible for all three options.ĪARP offers you a plan depending on your age, health, and location. Level Death Benefit Term Life InsuranceĮach of these plans has its own terms and policies.There are three final expenses insurance policies that AARP offers to seniors, which are: What Type Of Funeral Insurance Does AARP Offer? Hence, AARP is an interest-based group that guides and empowers people, but not an insurance company. New York Life pays AARP to sell insurance policies to its members. When it comes to AARP’s funeral insurance policies, New York Life is the supplier of this plan. They are helping them to fulfill their financial needs. This organization is working to help people above 50 by giving them opportunities to contribute to local communities and society. The aim of this organization is to help people achieve their dreams and goals, fight against discrimination in the community, protect seniors, and strengthen communities. Before we discuss the funeral insurance plans of AARP, you need to know about this organization.ĪARP is a non-profit, social welfare, and nonpartisan organization with 38 million members. ![]()
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