AAA Life Insurance
Whole Life Insurance

Whole Life Insurance builds cash value with locked-in rates that never change. With $5,000-75,000 coverage options, it can assist with final expenses and debts, supplement a Term Life Insurance policy, and provide additional income.
There’s no medical exam for those who qualify, and AAA members save 10% on monthly premiums.
What is Whole Life Insurance?
Whole life Insurance, also known as permanent insurance, provides death benefit coverage for the policy owner throughout their life. Payments established at the start of the policy are locked-in for life, as long as all premiums are paid on time. In addition, whole life insurance policies build cash value as they mature, and the policy owner can borrow money from this cash value.
AAA Life offers 2 types of whole life insurance, a traditional Whole Life Insurance and Guaranteed Issue Whole Life Insurance.
Whole Life Insurance
Whole life policies are designed to last a lifetime. You can choose between $5,000 to $75,000 in coverage, and if approved, you’re covered for life. Coverage will never end as long as premiums are paid and they will never increase.
Whole Life Insurance features:
- Payment amount never changes once locked in
- Policies accrue cash value
- Policy owners can borrow against cash value
- Permanent coverage for final expenses
Example of Whole Life Insurance monthly rates for $30,000 coverage1(AAA member rate, standard, non-nicotine) | ||
Age | Male | Female |
35 | $47.42 | $43.55 |
45 | $64.34 | $59.38 |
55 | $91.43 | $81.35 |
65 | $141.68 | $121.96 |
AAA member discounted rates effective as of July 3, 2020
Guaranteed Issue Whole Life Insurance
Guaranteed Issue Whole Life Insurance does not require you to take a medical exam or answer health questions. Coverage limits are $5,000 to $25,000, and rates are locked in while the policy accumulates cash.
Guaranteed issue whole life insurance features:
- No health questions or medical exams required
- Get guaranteed coverage right away
- Payment amount never changes once locked in
- Policies accrue cash value
Example of Guaranteed Issue Whole Life Insurance monthly rates for $25,000 coverage2(Automatic monthly rates, standard, non-nicotine) | ||
Age | Male | Female |
50-54 | $122 | $88 |
55-59 | $122 | $88 |
60-64 | $134 | $102 |
65-69 | $163 | $123 |
70-74 | $212 | $169 |
75-85 | $275 | $223 |
AAA member discounted rates effective as of September 1, 2022
AAA Life Insurance services & tools

Get help deciding what coverage is best for your needs with a free analysis. AAA Life and its agents do not provide tax, legal, or financial advice.

Log in or register for an account to manage your policy. Pay your life insurance bill, set up Auto Pay, manage your contact information, and more.
Life insurance articles

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