AARP / THE HARTFORD INSURANCE REVIEW 2016

Founded in 1958, AARP is an organization specifically for retirees age 50 and over. It offers a number of insurance products to its members, and it works in conjunction with The Hartford, one of the nation’s insurance powerhouses, to give its members access to auto and homeowners insurance. This collaboration between the two organizations dates back to 1984 when AARP sought to expand the insurance products available to its members. AARP insurance products are a good option for members, particularly because the company tailors its products to those adults age 50 and over.

AARP Health Insurance

AARP medical insurance offers Medicare supplement insurance through UnitedHealthcare Insurance Company. These insurance plans vary according to your specific needs but can include Medicare Advantage Plans, Medicare Supplement Insurance Plans and Medicare Prescription Drug Plans. These supplemental plans can help pay for some of the costs Medicare doesn’t cover.

AARP Dental Insurance

If you need dental coverage, AARP does offer a dental insurance plan administered by Delta Dental Insurance Company. All members gain acceptance to this AARP supplemental insurance program, which allows you to select from several different plan options. These plans can increase your freedom and flexibility to choose the doctors and hospitals you want while helping you pay for expenses such as copays and deductibles.

AARP Auto Insurance

Tailored specifically to older drivers, AARP car insurance provides several key features that aren’t available from every insurance provider, including:

  • New Car Replacement – If you total your car within the first 15 months or 15,000 miles, you can replace it with a new vehicle of the same make and model without a deduction for depreciation.
  • Lifetime Renewability – You can renew your insurance policy every year as long as you’re able to drive and meet a few requirements, which include your doctor deeming you fit to drive.
  • RecoverCare – If you’re in an accident, RecoverCare lets you receive up to $2,500 to help with essential tasks like cleaning, yard maintenance or walking the dog while you recover from your injuries.
  • Lifetime Car Repair Assurance – If you repair your car at an approved repair shop, the work has a guarantee for as long as you own the vehicle.

If additional car insurance features are important to you, consider these add-on benefits, including:

  • Disappearing Deductible – If you maintain a clean driving record, your collision deductible goes down each year until you reach $0.
  • First Accident Forgiveness – Your rates don’t rise after your first accident.
  • One Deductible – If you experience a loss of two insured vehicles from one accident, you only pay the higher of the two deductibles for the covered losses to the vehicles.

With AARP/The Hartford, it’s also easy to make a claim; customer service is available by phone 24/7. If you’re an AARP member and want to see if this car insurance is right for you, use the online car insurance quote tool for an estimate of coverage costs.

AARP Life Insurance

The AARP life insurance program is available from New York Life Insurance Company. All members ages 50­–80 are eligible to receive this group life insurance. You can choose between term life insurance, which offers up to $100,000 in coverage protection for ages 50–74, and permanent life insurance, which offers up to $50,000 in protection for ages 50–80. Neither option requires you to take a medical exam. AARP life insurance rates vary depending on your age and health status; an online quote tool can help you get an idea for monthly costs.

AARP Long Term Care Insurance

AARP does offer several long-term care insurance options. This insurance offers financial peace-of-mind in the event you need long-term care or assistance in a home or community setting. Comprehensive long-term care insurance options from AARP may include coverage for:

  • At-home care
  • Assisted living
  • Adult day care
  • Respite care
  • Stays in a nursing home
  • Alzheimer’s care

AARP Term Life Insurance

AARP term life insurance is a good option if you want life insurance coverage for a certain period of time, or a term. Rates are generally lower than other types of life insurance coverage because it doesn’t cover you after the term is over, and the insurance doesn’t build cash value. AARP whole life insurance is the company’s permanent life insurance plan, which is a long-term insurance solution that offers protection for your entire life. You can expect these rates to be higher, but the plan can build cash value over time, which you can borrow against if needed.

AARP Home Insurance

AARP homeowners insurance protects your home and property from damage or loss. While it provides the standard protection you expect from homeowners insurance, there’s a number of unique add-ons and optional features, including:

  • “New for Old Protection” – Replaces old possessions destroyed by a covered loss with brand new items of the same quality.
  • Identity Fraud Expense Coverage – Compensates out-of-pocket expenses up to $50,000 to help you recover after identity theft.
  • Reimbursement for Replacing Locks – Offers up to $500 to replace locks if your keys are lost or stolen.
  • Water Backup and Sump Pump Overflow – Helps cover property that’s damaged if your sump pump overflows.
  • Assisted Living Care Coverage – Extends contents, liability and additional living-expense coverage to a relative in an assisted living care situation.

These are just a few of the many optional benefits AARP homeowners insurance offers. You can also take advantage of many discounts available to get the coverage you need at a competitive price.

Other Types of Insurance by AARP

AARP offers a variety of other insurance products, such as pet insurance, mobile home insurance and small business insurance. While the organization doesn’t offer other products, like AARP travel insurance, it does provide easy-to-access articles and guides to help you select the right insurance product for your needs.

You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved.
Published September 6, 2016
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