The answer is no, AARP Term Life insurance is not a good deal. All of the AARP term rates are overpriced compared to other term life insurance policies available to seniors.
AARP’s lowest price life insurance plan is a five year increasing premium term plan, meaning the rate that you pay increases at five year intervals and will terminate at age 80.
Below are AARP’s $50,000- 5 year term monthly rates for men age 50 to 74:
Issue Age $50,000