Definition: AARP Life Insurance Term refers to a policy underwritten by AARP that covers essential health services such as dental, vision, and hearing tests. The policy generally limits benefits to those who are eligible for Medicare or Medicaid coverage but cannot afford to buy private policies. AARP Life Insurance Terms also cover out-of-pocket costs for medical care and provide financial assistance for certain items like groceries, utilities, and car repairs. Definition: AARP Life Insurance Terms is a type of health insurance policy that is designed specifically for retirees aged 55 or older who may be unable to afford to buy private policies. It provides coverage for essential health services such as dental, vision, and hearing tests, which are typically covered under Medicare or Medicaid in the United States. It also covers out-of-pocket costs for medical care and financial assistance for certain items like groceries, utilities, and car repairs, which may not be covered by a traditional private policy. AARP Life Insurance Terms is available as either an annuity plan or a stand-alone product, and its benefits are typically limited to those eligible for Medicare or Medicaid coverage but unable to afford private policies. AARP Life Insurance Terms can be purchased through certain online health insurance companies or over the phone with agents who specialize in offering these products. It is important to consider your individual financial situation when choosing an AARP Life Insurance Term plan, as it may provide additional benefits not available on traditional private policies.

aarp life insurance term