What Does AARP Insurance Protect?

The American Association of Retired Persons, commonly referred to as AARP is a non-profit organization that anyone over the age of 50 can apply to and become a member. AARP insurance offers a wide range of protection for a variety of things from car accidents to medical issues, to home, and life insurance that can provide financial relief to loved ones. In addition to protection from the insurance coverage, AARP also offer a wide range of benefits that includes discounts on prescription drugs, telephone service, travel and entertainment for its members. The following are some of the insurance protection afforded to members of AARP.

Individual Health Insurance
This health insurance covers people who for one reason or another cannot participate in a group insurance that is typically offered by an employer. This coverage protects families against major health care costs. Supplemental Medicare insurance also protects seniors over the age of 65 against health care costs that Medicare does not cover.

Life Insurance
AARP life insurance offer various protection plans through its term or whole life coverage. Life insurance plans protects a spouse, family members, or the insured’s retirement account. The life insurance coverage protects against financial hardship should a family breadwinner pass away, so family members and loved ones would not have to worry about funeral costs, mortgage payments and general living expenses.

Long-Term Care Insurance
This protects ones savings and investments, and guards against financial hardship in the event of needed long term care. People are living longer nowadays than they used to be, yet many people never anticipate, or plan for long-term care needs. This AARP insurance protects seniors who need care assistance at home or have to stay at an assisted living facility. The insurance pays for the cost involved, thereby protecting the insured’s financial assets.

Homeowners/Renters Insurance
The home insurance offered by AARP protects homeowners against loss of use in case of any hazards. It also offers protection for their personal belongings. Home renters insurance protects tenants’ personal belongings from incidents such as burglary, fire and other home hazards. This insurance will pay actual cost for replacement on personal belongings in case of a loss.

Auto Insurance
AARP auto Insurance rates are locked in for a whole year, unlike the typical auto policies that locks rates for six months at time. The auto insurance covers towing and car rentals, thereby protecting the insured from being stranded on roadside. In the event that a car is totaled during an accident, AARP insurance will replace it with a new car.

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