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AAA life insurance review 2020

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Get over $5 million in coverage to secure your family’s future.'s rating: 4 / 5


  • Get a quote if… You need high term life coverage amounts with the option to convert to permanent life.
  • Pick something else if… You don’t want to be subject to a medical exam.

18 to 85

Issue Age

$5,000 to $5,000,000+


Depends on policy

Medical Exam Required


Free quote Online, Agent, Phone
Monthly cost $8/month
Policies Term, Whole, Universal, Accident
Coverage maximum $5,000,000+
Term lengths 10, 15, 20, 25, or 30 years
Riders Accelerated death benefit rider, Child rider, Return-of-premium rider, Waiver-of-premium rider
Medical exam required Depends on policy
Available states Not available in New York
Issue age Not listed

Expert review

Rhys Subitch

Review by

Rhys Subitch is a writer and editor at Finder who tackles topics across the site. With half a decade of experience researching, editing and writing for a Fortune 500 company, university and several independent publications, Rhys brings readers the most up-to-date and curated info on all things finance.

Expert review

With seven life insurance policy options and riders to customize your coverage, AAA Life Insurance offers the ability to build plans around many different needs. You’ll have the option to bypass the medical exam with AAA’s guaranteed issue whole life plan, but your coverage will be restricted.

AAA’s other life Insurance options are contingent on a potential medical exam, so you may want to look elsewhere if you’re set on skipping the medical exam.

What types of life insurance coverage does AAA offer?

AAA Life Insurance offers a variety of term, whole and universal life insurance options to fit you and your family’s specific needs:

  • Term life insurance. AAA’s term policies provide protection for 10- to 30-year terms, and you can choose a policy valued between $25,000 to over $5 million.
  • Whole life insurance. This policy offers permanent protection that builds cash value over time. You’ll have the option to purchase coverage ranging from $30,000 to $75,000 at fixed monthly premiums. If you’re worried about qualifying for coverage, AAA offers a guaranteed issue whole life policy for up to $25,000 in coverage, which allows you to skip the medical questionnaire.
  • Universal life insurance. This permanent policy offers lifelong protection and builds cash value over time. You’ll have a flexible death benefit to meet your life stage and the option for guaranteed level premiums. Coverage for universal life starts at $100,000.

Check out the full details of each plan AAA offers below:

PlanCoverageMedical examMedical questionsAge rangeRate increaseTerm lengthProtection untilTime until coverage begins
Accumulator Universal$100,000–$5 million+MaybeYes15 days to 80 years oldPremiums can be adjusted as your needs changeLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
Lifetime Universal$100,000–$5 million+MaybeYes15 days to 85 years oldPremiums stay the same until age 100, at which point they’re no longer requiredLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
Traditional Term$100,000–$5 million+MaybeYes18 to 75 years oldPremiums increase yearly after term period ends10, 15, 20, 25 or 30 yearsAge 951-6 weeks with coverage while you wait, if you qualify
Traditional Term with Return of Premium$100,000–$5 million+MaybeYes18 to 75 years oldPremiums increase yearly after term period ends, but all premiums are returned if you never need your policy’s death benefit10, 15, 20, 25 or 30 yearsAge 951-6 weeks with coverage while you wait, if you qualify
ExpressTerm$25,000–$500,000MaybeYes18 to 75 years oldPremiums increase yearly after term period ends10, 15, 20, 25 or 30 yearsAge 95As little as 10 minutes
Simple Whole$5,000–$75,000MaybeYes18 to 85 years oldPremiums stay the same until age 100, at which point they’re no longer requiredLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
Guaranteed IssueUp to $25,000NoNo45 to 85 years oldPremiums stay the same until age 100, at which point they’re no longer requiredLifetimePermanentAs soon as payment processes

What riders can I add to my life insurance policy?

With AAA Life Insurance, you can customize your policy with the following riders:

  • Accelerated death benefit rider. This rider will pay out a portion of your death benefit if you’re diagnosed with a terminal illness.
  • Accidental death rider. An additional payout goes to your beneficiary if you’re in a fatal accident.
  • Child rider. Provides life insurance coverage to your children instead of having to take out separate policies for them.
  • Guaranteed insurability rider. If you decide you want your coverage increased later, you can do so without having to show proof of insurability.
  • Return-of-premium rider. This expensive add-on allows you to receive all or a portion of your premiums back if you outlive the terms of your policy.
  • Travel accident rider. Your beneficiary receives an additional payment if you should die or become seriously injured in a traffic accident or while traveling as a passenger.
  • Waiver-of-premium rider. If you become disabled, your life insurance premiums will be waived and your policy will remain active.

    If you choose the traditional term life option with the return of premium, you won’t have the option to add additional riders.

    How much does AAA cost?

    We pulled sample quotes for AAA for a 20-year term, $150,000 policy for a healthy man and woman.


    What affects my rate with AAA?

    Your premium is determined by your age, health, lifestyle, occupation and hobbies, as well as the length and face amount of your policy. The least risky applicants get the best rates. Its underwriting considers:

    • Tobacco use.
    • A history of alcohol or controlled substance abuse.
    • Family history of medical conditions.
    • DWIs or DUIs on your driving record.
    • High-risk hobbies or occupation.
    • High blood pressure or BMI.

    Pros and cons of AAA Life Insurance


    • More than $5 million in coverage is available. Both universal and traditional term policies offer benefits of more than $5 million to customers, higher than you’ll see with many of its competitors.
    • All non-permanent plans can convert. You have until age 65 or the end of the term, whichever is sooner, to convert any non-permanent plan to a permanent policy.
    • Coverage in as little as 10 minutes. The ExpressTerm option offers an online application and extends coverage in minutes to those who qualify.
    • AAA membership not required. Though it’s part of the same family, AAA Life Insurance doesn’t require a AAA membership for its life insurance plans. Accident insurance does require membership to qualify, however.
    • Helpful and easy to navigate website. AAA’s website openly shares each product’s coverage details and options. You’ll have the option to view highlight sheets that make choosing which product fits your needs easier, something we can’t say about many of its competitors.


    • Only one plan offers online application. Six of the seven plans AAA offers require you to apply over the phone or by mail rather than online.
    • Physical exam may be required for most plans. Six of the seven plans offered may require a simple physical exam, and a simple health questionnaire.
    • Guaranteed issue plan is restricted. Though you can receive immediate coverage, you won’t be eligible for a living benefit if you’re diagnosed with a terminal illness. And your coverage is limited in the first two years, such as a non-accidental death resulting in a payout less than the total benefit amount.

    Compare life insurance companies like AAA

    Name Product Issue age Minimum Coverage Maximum Coverage Medical Exam Required
    18 - 60 years old
    This life insurance broker combines technology and the human touch to match you with a policy tailored to your needs.
    18 - 85 years old
    Depends on provider and policy
    Compare affordable quotes from 12+ A-rated life insurance companies side-by-side.
    21 - 54 years old
    Affordable 10- and 20-year term life insurance policies with instant quotes and no medical exams.
    Everyday Life
    20 - 75 years old
    Build a customized laddering strategy to target specific financial responsibilities and save on term life.
    25 - 60 years old
    Depends on policy
    Get affordable term life insurance with accelerated underwriting or no-exam coverage up to $1,000,000. Available in all states except CA, NY and MT.

    Compare up to 4 providers

    AAA reviews and complaints

    As of this writing, AAA Life Insurance is not accredited by the Better Business Bureau (BBB), though it does receive an A+ rating, based on how the business is likely to interact with its customers. It has a total of 20 customer complaints, with half of them relating to problems with the life insurance products themselves, and others having billing issues.

    Other reviews around the web cite poor customer service with long hold times, issues with getting claims paid out in a timely manner and having the wrong amount of money withdrawn from their bank accounts. Still, others are happy with AAA’s life insurance products and have had no issues with the company, highlighting their fast quotes and good rates.

    How do I sign up?

    1. To apply for ExpressTerm Life, go to AAA Life Insurance’s term life insurance homepage. From there, click Get a Quote & Buy.
    2. Provide your ZIP code, gender, birthdate and email, then click Next.
    3. Next, enter your height, weight, nicotine use, coverage amount and length of term. Then click See Your Quote.
    4. You’ll be presented with a quote. If you’re happy with the terms of the policy, you can purchase the policy by clicking Buy Now.
    5. Follow the steps to complete your application, answering questions and providing information as prompted.

    Or call AAA Life Insurance Company at (888) 422-7020

    I’ve signed up. What happens next?

    Once you submit your application, it takes about two minutes to learn if you’re approved. Some applicants may need to supply additional information and complete a medical exam. If this is the case for you, the approval process will take longer.

    If you’re approved, AAA Life Insurance will process your payment and coverage begins immediately.

    How do I file a claim with AAA?

      In order to file a life insurance claim with AAA Life Insurance, you’ll need to send a notice of the claim by mail, fax or email:

      • By mail. AAA Life Insurance Company, 17900 N. Laurel Park Drive, Livonia, MI 48152
      • By fax. 888-223-1509
      • By email.

      While AAA doesn’t list the necessary documents to send, typically you’ll need to produce a certified death certificate and identification documents that show you to be the beneficiary.

      Frequently asked questions about AAA

      Life insurance ratings

      ★★★★★ — Excellent

      ★★★★★ — Good

      ★★★★★ — Average

      ★★★★★ — Subpar

      ★★★★★ — Poor

      Our experts analyze life insurance companies to help you to find the strongest possible policy and premium for your family’s needs. We assess their financial strength, customer satisfaction, policy features and riders. We then give each insurer a score between one and five stars that reflects their offering and reputation in the industry.

      Learn more about our methodology here.

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