AARP Life Insurance can’t afford to cover all the life insurance policies it offers to residents of Florida.
It is offering $1,500 coverage to residents who have been covered by the insurance company for a year or more and for up to $5,000 coverage for any other resident for the same period.
However, if you live in Florida and have a medical condition that requires a medical insurance policy, you will need to purchase one.
AARP will also cover you for any out-of-pocket expenses, such as medical care.
It says you can get coverage for $5 for each person for life.
AARP Life Insurance is the only insurance company that offers coverage for residents of the state.
For the most up-to-date coverage and details, go to AARP’s website.
Learn more about life insurance coverage in Florida.