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The
Best Articles and Resources About Car Insurance
Aig Car Insurance
AARP
Life Insurance and Medicare
Insurance: An Overview
by Evan Davis
AARP Life Insurance
and Medicare
Insurance: An
Overview
The American
Association of
Retired Persons
(AARP) boasts a
membership of over
thirty five million
people aged fifty
years and older. The
massive non-profit
organization is
recognized as a
political advocacy
powerhouse whose
influence seems to
grow along with the
"graying" of
America. AARP,
however, does not
limit itself
exclusively to
legislative lobbying
for its membership
demographic; it also
(in conjunction with
established
companies) provides
insurance
opportunities to its
members. Two of
these products
include AARP life
insurance and AARP
Medicare health
insurance.
AARP Life
Insurance
For well over ten
years, AARP has been
offering whole and
term life insurance
policies to its
members in
association with the
New York Life. The
AARP life insurance
program offers plans
featuring premiums
touted as
"affordable" that
are specifically
designed for people
age fifty and older.
Coverage amounts
vary, with policies
being available with
benefits ranging
from only a few
thousands of dollars
to fifty thousand
dollars.
AARP life insurance
is available to any
AARP member between
the ages of fifty
and eighty. Spouses
of AARP members may
also receive
coverage, so long as
they are forty-five
years of age or
older. AARP life
insurance does not
require a medical
exam. According to
AARP, approval is
based on answers to
"three simple health
questions." Policies
can be applied for
via mail and the
program touts the
ease of application
and approval as two
of its strengths.
AARP Medicare
Insurance
AARP offers a health
insurance policy
designed to
supplement the
coverage provided by
Medicare. This
"Medicare Supplement
Insurance" is
offered in
association with
United HealthCare
Insurance Company.
Premised on the
notion that Medicare
generally covers
slightly more than
half of an
individual's health
care expenses,
AARP's Medicare
health insurance
plan seeks to
provide a means by
which to cover costs
such as
co-insurance,
deductibles and
prescription
medications.
AARP's Medicare
health insurance
program allows
members to continue
utilization of their
own physicians and
is promoted with a
focus on its ease of
use, as well as its
coverage. For
instance, AARP
members using this
supplementary
insurance plans are
not required to fill
out claim forms and
the coverage is
valid across the
U.S., making it
available for use
when traveling and
in other similar
circumstances.
According to AARP,
rates for this
insurance product
are not increased
based on age alone.
Individuals are not
to be "singled out"
for rate increases,
either. Rate changes
are applied to all
members of a
matching class
insured under the
plan and residing in
the same state.
AARP is one of
America's largest
organizations and is
one of its most
politically
powerful. In
addition to using
its membership to
wield political
clout, AARP has also
used its massive
membership as a
group for insurance
purposes. Teaming up
with established
providers like New
York Life and United
HealthCare, AARP
offers its members
insurance packages
ranging from AARP
life insurance to
AARP Medicare
supplementary health
insurance.
About the author:
Evan Davis works in
Medicare customer
service and is the
webmaster and owner
of Easy Insurance
Finder. Find out
about
AARP life insurance
and
online life
insurance quotes
at
http://www.easy-insurance-finder.com
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