Peace of mind with AAA Life Insurance
We offer members an array of life insurance products to meet the needs of families in every stage of life, all from a name you can trust.

Considerations when deciding how much life insurance you need

The coverage you pick depends on the expenses you expect your family to encounter.

    Final expenses

    Funeral expenses, unpaid debts, unpaid hospital bills, probate costs, and estate and inheritance taxes may need to be covered.

    Mortgage and rent

    Insurance can help pay off the mortgage, or provide an income stream to assist with rent payments.

    Educational funds

    Insurance can help cover the cost of your children’s education, including elementary school, high school, and college.

    Income replacement

    Insurance can make up for your anticipated income in the event of your death. A good estimate is ten times your current annual income.

    Emergency fund

    Your family may need to adjust their lifestyle, move to a different home, or seek additional training to find higher-paying employment.

    Payment of debts

    Debts such as auto loans, credit cards, and other loans may need to be paid off.

What kind of life insurance is right for you?

Family on lawn

Term Life Insurance

Whether you’re getting married, having children, buying a new home, or starting a business, term life is an affordable way to help protect the things that matter most. Term life insurance is often a more economical way to provide protection than other forms of life insurance. It can cover you for a specified number of years (the term) as long as the premiums are paid and kept current, and AAA offers two ways to buy it.

The process is simple: You can either apply and buy online with ExpressTerm, or you can work with a AAA Life Insurance Specialist to develop a traditional Term Life Insurance plan that meets your personal needs.

ExpressTerm Life Insurance

Purchase completely online if approved

Convenient coverage (no exam, just a few health questions)

Term lengths: 10, 15, 20, 25, and 30 years

Guaranteed level payments2

Coverage ranges from $25,000 to $250,000

A 31-day money back guarantee

No policy fee for members (annual savings of at least $60)

BUY ONLINE

Traditional Term Life Insurance

Apply with the help of a specialist

Affordable coverage (requires medical exam)

Term lengths: 10, 15, 20, 25, and 30 years

Guaranteed level payments3

Coverage ranges from $100,000 to $5 million+

A 31-day money back guarantee

 

GET AN ONLINE QUOTE

ExpressTerm makes term life easy

AAA understands that protecting your family is one of your top priorities, and we want to help make it as simple as possible. ExpressTerm lets you buy term life insurance through our secure online application.

How does it work?
Use our fully secure site to get a quote, complete the application, and begin your coverage today. If approved, you could have your term life insurance policy in minutes.5

  1. Get a Quote: Provide some basic details about yourself to get a free, no-obligation quote.
  2. Customize Your Coverage: Choose the coverage amount and term that best fits your needs.
  3. Complete an Application: Answer health questions to find out if you’ve been approved.

 

Traditional Term Life, 10-Year Level3

$500,000 coverage

Monthly Rates (Super Preferred, Non-Nicotine)

Age

Male

Female

35

$14.08

$12.76

40

$18.92

$17.16

45

$29.48

$25.96

50

$47.52

$36.08

55

$73.48

$54.12

Rates effective as of: 4/19/2017

Happy couple at marina

Whole Life Insurance

With whole life, you can benefit from permanent insurance that not only builds cash value, but can assist with final expenses or debts, supplement a term life policy, or provide supplemental income for your spouse or family. 

There’s no medical exam, blood work, telephone interview, long application, or lengthy approval period. Simply answer a few health questions, and we’ll give you a quick decision on your application.

Contact a AAA Life Insurance Specialist at 1-207-776-6463

Whole Life Insurance4

Monthly Rates (Standard, Non-Nicotine)

$25,000 coverage

Age

Male

Female

35

$31

$26

45

$47

$38

55

$74

$59

65

$124

$99

Get a free personalized life insurance needs assessment


Navigating through your life insurance needs can be overwhelming. AAA’s Life Insurance Specialists offer a personalized needs assessment to help members decide what coverage is best for them and their family. This is a free, no-obligation analysis with our professional Life Insurance Specialists. AAA Life and its agents do not provide tax, legal, or financial advice.


Contact a AAA Life Insurance Specialist at 1-207-776-6463

Happy family

Universal Life Insurance

Need a life insurance policy that will last a lifetime, but value flexibility? Universal life Insurance offers permanent life insurance. Unlike term life, it doesn’t have a specified end date, so you can keep it in force for your lifetime.  It also has a cash value accumulation feature that can provide much-needed funds later in life.5 Unlike many of the financial vehicles used to accumulate wealth, a Universal Life Insurance policy provides you with an efficient way to leave proceeds to your loved ones or favorite charity.5 Also, the death benefit from a life insurance policy is generally not subject to income taxes.

Universal life will be there to support your beneficiaries after your death with funds for things like your child’s college education, an additional income stream, a mortgage, or estate taxes. That’s flexibility tailored for your future.

Universal life may be right for people who:

  • Want permanent life insurance protection with flexibility
  • Want to earn a competitive interest rate on their premiums
  • Are looking for a responsible way to save for the future for loved ones
  • Need funds to cover education expenses or supplement retirement benefits

 

Contact a AAA Life Insurance Specialist at 1-207-776-6163

Kayaking on the lake

Annuities

Have a nest egg, but worried about market fluctuations and how long you’ll need to make the money last? AAA offers two kinds of annuities to help bring stability to your retirement plan.

With the Platinum Bonus Annuity®, you can earn interest on your retirement savings now and pay taxes later. Or, with our Guaranteed Income Annuity, you can transform some or all of your funds into immediate regular payments that are designed to last a lifetime.

Guaranteed Income Annuity

A competitive payout rate from a name you can trust

Fixed income that isn't subject to market fluctuations

A lump sum withdrawal can be taken should an unexpected need for funds arise

Supplements your retirement by providing an income stream for a lifetime, or for a shorter period you choose

GET A QUOTE

Platinum Bonus Annuity®

Enjoy a competitive interest rate and first-year bonus

Maximize your earnings through the power of tax-deferral

Take a free withdrawal once per contract year, up to 10% of the accumulated value (certain limits and restrictions apply)

Comes with a 5-year term

GET A QUOTE

Simplify retirement income with a Guaranteed Income Annuity

The AAA Life Guaranteed Income Annuity available through AAA can help turn a portion of your savings into a steady stream of income throughout your retirement. By using a portion of your assets from retirement savings plans (like a 401(k), IRA, bank account, etc.), they can be turned into regular income. You can be paid throughout your whole retirement or for a time period you choose.

How does it work?
Pay a single premium amount, or transfer it from other financial institutions, and receive regular income payments. You and your spouse can both be annuitants, if you choose. Customize how often you are paid, how long the payments will last, and much more. You decide the amount and time period during which to receive income.

Contact a AAA Life Insurance Specialist at 1-207-776-6163

Guaranteed Income Annuity6

How a $100,000 one-time sum of money could be turned into retirement income6

Age

Monthly Payment You'll Receive

Total Payment You'll Receive Annually

Your Payout Rate For Life

60

$438.75

$5,265.00

5.3%

65

$487.18

$5,846.16

5.8%

70

$554.20

$6,650.40

6.7%

75

$650.26

$7,803.12

7.8%

The payout rate is the income received each year as a percentage of your initial premium. It is not an interest rate.

Tax-deferred annuities let your assets grow

With a competitive fixed interest rate, a minimum interest guarantee for the life of your contract, and retirement income options designed to last a lifetime, it's easy to see how a tax-deferred annuity can help bring safety and stability to any retirement portfolio.7

Purchase a Platinum Bonus 5 Annuity and you’ll start earning a competitive interest rate plus a first-year bonus that’s guaranteed for the first 12 contract months.8 Keep in mind that the first year rate you will earn is based on the amount of your initial premium.9 Flexibility of premium payments is another key feature. You can decide when you add to your annuity without having a fixed scheduled to do so.

Please contact a AAA Life Insurance Specialist at 1-207-776-6163

Platinum Bonus 5 Annuity9

Issue Amounts

Current Base Interest Rate

First-Year Bonus Interest Rate

Total First-Year Annuity Rate

$3,000 - $49,999

2.10%

1.50%

3.60%

$50,000 - $499,999

2.10%

2.00%

4.10%

$500,000 and above

2.10%

2.50%

4.60%

1Life insurance underwritten and annuities offered by our affiliate AAA Life Insurance Company, Livonia, MI. AAA Life Insurance Company is licensed in all states except NY. The life insurance needs assessment is for informational purposes only and is only a broad, general guideline based on information provided to the agent. Any recommendations are not based on legal, financial, or tax advice. You may wish to consult with an independent legal, financial, or tax professional before purchasing life insurance. Your local AAA club and AAA Life Insurance Company do not provide tax advice. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC.

2ExpressTerm Life Insurance premiums are guaranteed for the term period, then increase annually thereafter, not to exceed the maximum stated by the policy. Premiums above are examples only and may vary based on your personal health history and underwriting guidelines. The answers provided to the health questions are used to determine eligibility for coverage. Not all applicants will qualify. See policy for specific details of coverage. Product and its features may not be available in all states. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC. All rights reserved. ExpressTerm Policy Form Series: ICC12-1301/TL-1301 (In OR: 1CC12-1301).

3Traditional Term Life Insurance premiums are guaranteed for the term period, then increase annually thereafter, not to exceed the maximum stated by the policy. Monthly rate based on 35 year-old female, best class for non-nicotine. Premiums are guaranteed for the term period, then increase annually thereafter, not to exceed the maximum stated by the policy Premiums above are examples only and may vary based on your personal health history and underwriting guidelines. The answers provided to the health questions are used to determine eligibility for coverage. Not all applicants will qualify. See policy for specific details of coverage. Product and its features may not be available in all states. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC. All rights reserved. Traditional Term Policy Form Series: ICC11-1201/TL-1201 (In OR: ICC11-1201).

4Whole Life Insurance rates are based on 35 year-old female, standard non-nicotine for $25,000 of coverage. Product and its features may not be available in all states. Premiums above are examples only and may vary based on your personal health history and underwriting guidelines. The answers provided to the health questions are used to determine eligibility for coverage. Not all applicants will qualify. Products and features may not be available in all states. Coverage ends at age 95. This is a summary of insurance provisions and does not contain all of the benefits and exclusions. For complete terms of the insurance coverage, please contact your insurance professional or refer to the policy. Life insurance underwritten by our affiliate AAA Life Insurance Company, Livonia, MI. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Copyright © 2018 Auto Club Services, LLC. All rights reserved. Simple Whole Life Policy Form Series: ICC10-5501 & 5501WL (In OR: ICC10-5501WL).

5Universal Life Insurance you can increase your payments to add funds to the accumulated cash value, up to a specified limit. (The growth in cash value is tax-deferred under current federal income tax law.) You can also reduce or stop paying premiums as long as you maintain certain minimum cash value levels. Also with Universal Life Insurance, if you need additional coverage, you can, with approval, increase the amount of coverage to suit your current needs. Coverage amounts range from $100,000 to more than $1 million. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC. All rights reserved. Lifetime Universal Life Policy Form Series: ICC10-4601, UL-4601.

6Payment amounts and payout rates current as of 1/01/2018, are subject to change without notice and vary by state. Rates based on a Life Only Lifetime Guarantee Option for a female customer in the state of California with a $100,000 premium payment. The annuity income shown is before any federal and state taxes that may apply. Product and its features may not be available in all states. Annuities are not short-term products. Payments to you may be taxable. Withdrawals prior to age 59½ may be subject to IRS penalties. This information is not a contract. This information is a summary of provisions and does not contain all of the benefits and exclusions. All descriptions are intended solely to inform you about the many features of annuities. The contract and its endorsements determine exact product features and benefits. Life insurance underwritten and annuities offered by our affiliate AAA Life Insurance Company, Livonia, MI. AAA Life Insurance Company is licensed in all states except NY. AAA Life CA Certificate of Authority #07861. Automobile Club of Southern California acts as an agent for its affiliate, AAA Life Insurance Company. CA Dept. of Insurance License #0003259. ICC14-4120, SPIA-4120 (In OR: ICC14-4120). ALAN-22701-117b-XX

7Annuities offered by AAA Life Insurance Company, Livonia, MI. Product and its features may not be available in all states. Annuities are not short-term products. See your contract for specific benefits provided, as benefits may be taxable. Interest rates are based on current rates and are subject to change without notice. All rates shown are annual effective yields. The first-year declared interest rate is guaranteed for the first contract year only and is separate from the guaranteed minimum rate effective for all contract years. Annuities are not short-term products. During the surrender charge period, withdrawals exceeding 10% will be subject to a surrender charge that may be higher than fees associated with other types of financial products and may reduce principal. See contract for specific details of the surrender charge schedule. Withdrawals prior to 59½ may be subject to IRS penalties, separate from the annuity’s schedule of surrender charges. IRAs and Qualified Plans already provide tax-deferral of earnings. There is no additional benefit from the annuity's tax-deferral feature. An annuity should be used to fund an IRA when its features, other than its, deferral, are beneficial. AAA Life and its agents do not provide legal or tax advice. Therefore, you may wish to seek independent legal, tax, or financial advice to see if annuities are right for you. Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC. All rights reserved.

8Platinum Bonus 5 Annuity current rate shown is a Total First-Year Annuity rate, representing the First-year Bonus Interest Rate, plus the Current Base Interest Rate.

9The first-year declared interest rate is an effective yield that is guaranteed for the first contract year only and is separate from the guaranteed minimum rate effective for all contract years. Rates current as of 2/06/2018 and are subject to change without notice. Interest rates are credited from the first day of receipt of funds. You can increase your payments to add funds to the accumulated cash value, up to a specified limit. (The growth in cash value is tax-deferred under current federal income tax law.) Your local AAA club and/or its affiliate act as an agent of AAA Life Insurance Company. Products and features may not be available in all states. Copyright © 2018 Auto Club Services, LLC. All rights reserved. Platinum Bonus Contract Form Series: ICC11-4111, DA-4111.