AARP Life Insurance Program

AARP Young Start
Life Insurance

from New York Life Insurance Company

Give a child or grandchild up to $20,000 of affordable life insurance they can keep for their entire lives. AARP Young Start from New York Life Insurance Company is permanent coverage available exclusively to AARP members, and offers:

  • Coverage that can continue for life
  • Low childhood rates
  • No medical exam, just three health questions*
*Florida Residents: Four health questions are required.
Not available in Maryland, New York or Washington

AARP members: Request a Free Information Kit from New York Life, Including Complete Details and Affordable Rates

Features and Benefits

  • Up to $20,000 in life insurance coverage
  • Permanent insurance a child or grandchild can keep for life
  • Low childhood rates
  • A child can never be singled out for a rate increase
  • No medical exam
  • Acceptance based on answers to three simple health questions*
  • Simple application

Who is Eligible

AARP members ages 50 to 80 are eligible to purchase AARP Young Start coverage for their children or grandchildren up to 17 years old. If you aren’t yet an AARP member, click here to join now. To learn more about the benefits of AARP membership, click here.

Lifetime Protection

This is permanent life insurance children can keep for their entire lives, regardless of their future health, jobs or hobbies. It’s a great way to start the children you love on the road to future financial security. Best of all, the price is affordable, so you can help protect the children you love.

Low Childhood Rates

The low childhood rates are shown in the chart below. Even when the children are adults, they will pay premiums based on low childhood rates. A child can never be singled out for a rate increase, even if coverage is kept for his or her entire lifetime.

*Florida Residents: Four health questions are required.

Current Monthly Premiums for Children

Benefit Amount Monthly Premium
$10,000 $5.00
$15,000 $7.50
$20,000 $10.00
Premiums above are the rates New York Life currently charges for each child insured. Premiums are not guaranteed. However, rates may change only if they are changed for all others in the same class of insureds under this group/individual policy. For example, a class of insureds is a group of people with the same issue age and gender. If relevant statements of age or facts are not accurate, New York Life will make a fair adjustment of premiums and/or insurance. Residents of Florida: Jason Montgomery is a licensed Florida agent for service to Florida residents.

Ready to Get Started?

AARP members can request a free information kit to apply by mail now. Not an AARP member yet? Click here to join AARP. Once a member,you can request a free information kit by mail.

No Medical Exam

There is no physical examination or medical tests; acceptance is based on answers to three simple health questions for each child (Florida residents are required to answer four health questions).

Valuable Premium Waiver Feature

This coverage includes a valuable feature that guarantees uninterrupted coverage if you die while an insured child is under age 21. As long as coverage is in effect for two years prior to death, further premiums will be waived for each child until he or she turns 21. At that time, future premiums will become his or her responsibility.

The Beneficiary

The beneficiary will be the child’s parent, guardian or estate representative. At age 21, the child will become the owner and be able to change the beneficiary.

30-Day Guarantee

You’ll receive a Certificate of Insurance when coverage is approved. If you decide this coverage isn’t for you, for any reason, you can return it within 30 days and receive a refund of any premium you paid.

An Exclusion

If death results from suicide in the first two years, benefits will not be paid.1

Simple Application

It doesn’t take a lot of time or paperwork to apply for AARP Young Start. AARP members can apply by mail, quickly and easily. There’s absolutely no cost or obligation when you request information.

Get a Free Information Kit and
Enrollment Form by Mail

We’ll Be There For You And Your Family

All AARP Life Insurance Program coverage is underwritten by New York Life Insurance Company. We have the highest ratings for financial strength currently awarded to any U.S. life insurer from the leading independent rating services.

from A.M. Best
“Exceptionally Strong”
from Fitch
“Very Strong”
from Standard & Poor’s
“Highest Quality”
from Moody’s
Ratings as of 08/01/2020.
A.M. Best, Fitch and Moody's Investors Service Highest Rating. Standard and Poor's Second-Highest Rating.

1 Missouri and North Dakota Residents: This suicide exclusion applies only for one year.