Does AARP Offer Life Insurance? 
Yes . AARP offers at least two different types of life insurance . One type they have is a term life insurance policy that they sell to people age 50 or older . The rates increase every 5-years on that one . When you have a birthday that ends with a 0 or a 5 you will have a rate increase . -LRB- age 55 , 60 , 65 , etc. -RRB- if you live to your 80th birthday your AARP term policy terminates . You can then buy their other policy but the rates are much higher and are still not guaranteed against future increases . Another type policy AARP has sold for many years . It is a universal life policy where the rates are not scheduled to increase but it still has no guarantee against rate increases . They have sold this for many years . More recently they have introduced a whole life policy that does offer a guarantee against rate increases . It may not be available in all states yet . AARP is not actually an insurance company . They just market the policies for New York Life . 