Why AARP Life Insurance

When you pass away I am sure that you are going to want to pass on something to your children and loved ones that will help them through the time, after you have gone leaving them behind. Walking away from your loved ones and not securing some funds to ensure their lives will remain stable and consistent I'm sure is something that you have been thinking about recently. Even if you have passed the 50 mark in your life, you can still take on a good and valuable life insurance package, so long as you look at the insurance companies which offer the better packages to the over 50s. The American Association of Retired Persons, or AA-RP for short, is a company that is very well known by the over 50s community, helping to protect loved ones after you have passed away.



The Start of AA-RP Life Insurance

The AARP was foundeed by Ethel Andrus, a doctor and principal who saw insurance companies taking advantage of the elderly. At first, the AARP focused on teachers who retired but were thinking of their loved ones. As time passed, membership increased and they started offering more and more options.
Many use AARP because of the personal relationship they have with their representatives. This help the AARP know its members and represent them in policy.

AARP Reverse Mortgage

Do you know what an AARP Reverse Mortgage is? Why is it different from other loans? These are questions people ask all the time. This loan is for older citizens that help them to borrow money while allowing them to keep their house.

An AARP reverse mortgage is actually a loan against a property that one does not have to pay back as long as he or she is staying in it. In fact, with AARP reverse mortgage, an elderly person can turn the value of his or her home into cash without having to move or to repay the loan each month. The cash that one gets from a AARP reverse mortgage can be paid to the debtor in various ways, such as in a single lump sum of cash; as a regular monthly cash advance; as a credit line account. This helps one to decide when and how much of available cash is paid to him or her; or even in a combination of all these paying methods. The benefit involved in AARP reverse mortgage is of high stake as it allows members and customers to pay them in easiest of ways unlike other loans providers and creditors in the market.

You can only get a reverse mortgage at the age of 62 through AARP. The loan is a hassel to get and requires tons of paper work. But AARP helps you with that.

Along with this, the AARP provides AARP Life Insurance which could help pay for that time that comes for all of us. That along with a reverse mortgage may be a good combination. But please be sure to consult a professional planner before making any decisions.

5 Things to Know about AARP Health Insurance

The AARP provides, among other things, various types of insurance. Those who are members of the AARP can get all of the insurance that they need to keep their lives secure and protected. AARP health insurance is one of the various insurance types provided by this group.

This group, formerly known as the American Association of Retired People, is 40 million members strong. Anyone who is over the age of 50 can become a member, allowing a large amount of Americans to receive multiple benefits.

The AARP health insurance is just one of the many benefits found through an AARP membership. Those who are thinking about an AARP membership should understand as much as possible about AARP health insurance. The more you know, the more likely you are to become a member.

Benefits for Those 50-65

Members between the ages of 50 and 65 can expect to see a couple of heath insurance benefits. The major benefit had from AARP health insurance comes from the actual plans themselves. Members can receive insurance through plans that cover members and their family members. Members also see Hospital Indemnity insurance that works to give cash benefits to those who already have their own insurance plans.

Benefits for those 65 and Up

Those who are over the age of 65 still receive benefits from the AARP, even if they are a part of the government Medicare program. Those who are over 65 can expect to see a supplement that helps to cover the expenses that Medicare does not cover. These people can also expect to see lower prices on medications, as the AARP MedicareRX works to keep drug prices down.

Prescription Discounts

Anyone that has an AARP discount will see prescription discount benefits. Walgreens works with AARP to provide discounts on all medications. This system also allows members to have their medications delivered to their homes through the mail.

Eye Care Discounts

AARP health insurance covers the eye needs of its members. Members will see a discount on eyewear and on contacts through companies such as Sears, Target, Pearle Vision, and Lenscrafters.

Dental Insurance

AARP health insurance also covers dental insurance. Those who already have a dentist may keep that dentist while still holding onto the benefits of this insurance. This insurance helps to cover and control out-of-pocket costs, and will also cover some costs associated with dental work. This dental insurance is exclusive to AARP members.

It is important to realize that AARP health insurance options will be different for each and every AARP member. While AARP health insurance does not require an actual medical checkup for a majority of the plans available, it still changes based on the answers that members give on a survey. If you want to know what is available to you, take the time to do more research into AARP health insurance.