The short version
A simple option for older applicants who want coverage without a medical exam. On our life insurance comparison, it's labeled Best for ages 50+.
Key facts
| Policy type | Term (and permanent options) |
|---|
| Max coverage without exam | $150,000 |
|---|
| Term lengths | Coverage to age 80 |
|---|
| Ages | 50–74 |
|---|
What stands out
- No medical exam required; health questions apply
- Term coverage up to $150,000 ($100,000 in New York)
- For ages 50 to 74, with coverage until age 80
Pros and cons
Pros
- No exam for members 50+
- Backed by New York Life
Cons
- AARP membership required
- Lower coverage limits
How AARP (New York Life) compares
Side-by-side comparison
| L Ladder | L Lemonade | A AARP (New York Life) |
|---|
| Trustpilot rating | | | – |
| Policy type | Term | Term | Term (and permanent options) |
| Max coverage without exam | $3 million | Varies by applicant | $150,000 |
| Term lengths | 10–30 years | 10–40 years | Coverage to age 80 |
| Ages | Up to 60 | 20–75 | 50–74 |
| Visit site | Visit site | Visit site |
Head-to-head comparisons
Alternatives to consider
What to check before you sign up
Whichever life insurance provider you choose, compare these points:
- Term vs. permanent. Term covers a set period at a lower cost. Whole and universal life last for life and build cash value.
- How much coverage. A common starting point is enough to replace income for the years your family would need it, plus debts.
- Medical exam or no-exam. No-exam policies are faster but may cost more or cap coverage amounts.
- Carrier strength. Check the carrier's financial strength rating from agencies such as AM Best.
