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AAA life insurance review 2021


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High-coverage universal and term policies or guaranteed whole life, no membership needed's rating: 4 / 5


Bottom line: AAA offers high term life coverage amounts with the option to convert to permanent life, but you’ll have to take a medical exam.

18 to 85

Issue Age

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


Depends on policy

Medical Exam Required


Policies Term, Whole, Universal, Accident
Coverage maximum $5,000,000+
Term lengths 10, 15, 20, 25, or 30 years
Medical exam required Depends on policy
Available states Not available in New York
Issue age Not listed


  • Over $5 million in coverage available for universal and term life
  • Non-permanent policies can convert to whole life before age 65 or the policy’s end date
  • Get coverage online in as little as 10 minutes with ExpressTerm policies
  • AAA membership not required
  • Helpful website that's easy to navigate


  • You can’t apply online with most plans
  • Medical exam and health questionnaire required for most plans
  • Guaranteed issue plans don't get the full benefit for two years and can't get living benefits if you’re diagnosed with a terminal illness
Riders Accelerated death benefit rider
Accidental death benefit rider
Child rider
Guaranteed insurability rider
Return-of-premium rider
Waiver-of-premium rider

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 different life insurance policies and riders to customize your coverage, AAA Life Insurance lets you build plans that fit your lifestyle and budget.

You can bypass the medical exam with AAA’s guaranteed issue whole life plan, but you’ll get a low amount of coverage.

However, you can find higher coverage levels for whole life insurance than AAA offers. But if you’re in the market for a term or universal policy, you might want a quote from AAA.

Read the full review

AAA life insurance rates

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 gets determined by factors like your age, health and lifestyle along with your policy’s length and face amount. The least risky applicants get the best rates, based on several factors:

  • Alcohol or drug abuse.
  • DWIs or DUIs on your driving record.
  • Family history of medical conditions.
  • High blood pressure or BMI.
  • High-risk hobbies or occupation.
  • Tobacco or nicotine use.

    How to get a quote from AAA life insurance

    You can apply online in 6 simple steps. Or call AAA Life Insurance Company at (888) 422-7020.

    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. Submit your application.
    6. You’ll get approved or declined in about two minutes. Some people need additional information or a medical exam, leading to a longer approval time.
    7. If approved, AAA Life Insurance will process your payment and your coverage begins immediately.

    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. 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.
    • Universal life. This permanent policy offers lifelong protection and builds cash value, with options for guaranteed level premiums or the flexibility to change your death benefit. Coverage starts at $100,000.
    • Whole life. This policy offers permanent protection at a fixed premium and builds cash value. Its coverage ranges from $30,000 to $75,000.
    • Guaranteed issue whole life. If you’re worried about qualifying for standard whole life insurance, this policy offers up to $25,000 in coverage and lets you skip the medical questionnaire.

    Check out the full details that each plan AAA offers:

    PlanCoverageMedical examMedical questionsAge rangeRate increaseTerm lengthProtection untilTime until coverage begins
    Accumulator Universal$100,000–$5 million+MaybeYes15 days to 80 yearsPremiums can be adjusted as your needs changeLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
    ExpressTerm$25,000–$500,000MaybeYes18 to 75 yearsPremiums increase yearly after term period ends10, 15, 20, 25 or 30 yearsAge 95As little as 10 minutes
    Guaranteed IssueUp to $25,000NoNo45 to 85 yearsPremiums stay the same until age 100, then they’re not requiredLifetimePermanentAs soon as payment processes
    Lifetime Universal$100,000–$5 million+MaybeYes15 days to 85 yearsPremiums stay the same until age 100, then they’re not requiredLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
    Simple Whole$5,000–$75,000MaybeYes18 to 85 yearsPremiums stay the same until age 100, then they’re not requiredLifetimePermanent1-6 weeks with coverage while you wait, if you qualify
    Traditional Term$100,000–$5 million+MaybeYes18 to 75 yearsPremiums 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 yearsPremiums increase yearly after term period ends. All premiums are returned if you don’t need the death benefit10, 15, 20, 25 or 30 yearsAge 951-6 weeks with coverage while you wait, if you qualify

    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. This rider pays out a portion of your death benefit if you’re diagnosed with a terminal illness.
    • Accidental death. An additional payout goes to your beneficiary if you’re in a fatal accident.
    • Child. Provides life insurance coverage for your children without taking out separate policies.
    • Guaranteed insurability. If you want your coverage increased later, you can do so without showing proof of your insurability.
    • Return of premium. This expensive add-on lets you get your premiums refunded if you outlive your term. You can’t add other riders if you buy this one with a traditional term life policy.
    • Travel accident. Your beneficiary gets an extra payment if you die or become seriously injured in an accident while traveling.
    • Waiver of premium. If you become disabled, your life insurance premiums will be waived and your policy will remain active.

    AAA reviews and complaints

    With over 50 years in the life insurance industry, AAA has the likely ability to pay out claims. AAA Life Insurance holds an A+ rating by the Better Business Bureau (BBB) as of October 2020, based on how the business interacts with customers. About 20 customers have filed BBB complaints, many for billing or life insurance policy issues.

    Other reviews around the web cite poor customer service with long hold times, delayed claims payments and incorrect amounts withdrawn from customers’ bank accounts.

    However, others are happy with AAA’s life insurance products, highlighting the company’s fast quotes and fair rates.

    Compare life insurance companies like AAA

    Find out how AAA stacks up to other companies’ coverage and benefits. Tick the Compare box to see up to four companies side by side.

    Name Product Issue age Minimum Coverage Maximum Coverage Term Lengths Medical Exam Required
    18 - 100 years old
    5, 10, 15, 20, 25 and 30 years
    This life insurance broker combines technology and the human touch to match you with a policy tailored to your needs.
    20 - 60 years old
    10, 15, 20, 25 or 30 years
    Depends on policy
    Term life insurance with no policy fees and a simple application process that can get you approved for coverage instantly.
    21 - 60 years old
    10, 15, or 20 years
    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.
    18 - 85 years old
    10, 15, 20, 25, 30 years
    Depends on provider and policy
    Compare affordable quotes from 12+ A-rated life insurance companies side-by-side.
    21 - 54 years old
    10 or 20 years
    Affordable 10- and 20-year term life insurance policies with instant quotes and no medical exams.

    Compare up to 4 providers

    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. AAA gets four out of five stars for good customer interaction ratings and a low number of complaints.

    Learn more about our methodology here.

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