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Guest
Guest
Personally, I think it is terrific that you can get great discounts from AARP. My problem with them is they endorse products (particularly life inusrance) that are really bad for the uninformed consumer.
I ran up against one of their bids a couple of years back when I was working for a debit company, Union National. Union National life insurance rates are not cheap, especially considering they build in the debit agent cost into the policy and it is whole life. This lady was about 67 years old, non smoker and in the picture of health. She showed me the brochure from AARP's insurance company. It was for term and the price was not much less than my whole life quote.
Here was the kicker. First of all it would surpass my locked in price in just a few years. Then I asked her, "Ma'am, do people live long in your family?" Her answer was in the affirmative. I then informed her that at age 80 (as has been mentioned in a previous post) her insurance company would be kind enough to terminate her coverage completely. Needless to say she bought my policy. I was not impressed with their "endorsement."
I ran up against one of their bids a couple of years back when I was working for a debit company, Union National. Union National life insurance rates are not cheap, especially considering they build in the debit agent cost into the policy and it is whole life. This lady was about 67 years old, non smoker and in the picture of health. She showed me the brochure from AARP's insurance company. It was for term and the price was not much less than my whole life quote.
Here was the kicker. First of all it would surpass my locked in price in just a few years. Then I asked her, "Ma'am, do people live long in your family?" Her answer was in the affirmative. I then informed her that at age 80 (as has been mentioned in a previous post) her insurance company would be kind enough to terminate her coverage completely. Needless to say she bought my policy. I was not impressed with their "endorsement."
