Is AAA Life Insurance Any Good? 
That is a great question ! I 'm assuming that you are talking about the offer for `` up to $ 200,000 of term life insurance at members only group rates '' ? Any offers like this that you receive , or see advertised on television are offered by reputable companies , and are valid policies . Are they good for you , is the better question . In AAA 's case , -LRB- and I just happen to have a copy of their ad here , I use it for teaching purposes -RRB- there are a couple of things to look at that this type of advertised policy does , that a typical life insurance policy would n't . First , the small print tells you that this policy ends when you turn 80 . If you live to be 80 and a day , you have no coverage . If you look at the nicely colored chart with the ages and prices , you will see that every 5 years they increase , often pretty dramatically . The small print again tells us that your monthly rate increases to be whatever your age bracket becomes . So at age 64 , you pay a price , at 65 , it increases to the new price until you turn 70 , when it increases again . It is good in that if you can get through the few health questions , you are `` approved '' , unless of course the authorization that you okay in the small print turns up something in your health history that either denies your coverage , or increases your rate . Please understand that in no way am I disrespecting AAA or anyone else who advertises this kind of policy , because all of these things are clearly stated , and the assumption is that you the consumer can understand them , and by purchasing them , are accepting the terms of the policy , as legally stated . I wholeheartedly advise that you find a local agent who can show you what you would pay over your lifetime for this policy , and give you a few other policies to compare it to . Please , whatever you do , do NOT fill out a bunch of different ones , hoping one will be approved ! The exact opposite happens a great amount of the time . If you would like more details , please contact me , I will make time for you to discuss this privately . Thank you for asking ! 