Choice Mutual Rating

Choice Mutual’s ratings are determined by our editorial team. The scoring formula considers consumer experience, policy cost, underwriting criteria, the insurer’s financial strength ratings, and complaint data.

Depending on your health, a guaranteed issue policy might be your only path to getting a new policy issued. In that case, AAA would be a great option.

In this AAA final expense insurance review, you’ll learn how the policy works, the pros and cons, see sample prices, and how to get coverage with no waiting period.

How Does AAA Burial Insurance Work?

AAA final expense insurance is a guaranteed issue whole life insurance policy. There are no health questions, and no medical exam is required. Because approval is guaranteed, all applicants are subject to a 24-month waiting period.

Per the product fact sheet on the AAA website, for the first 24 months, AAA will only refund you 130% of your premiums for non-accidental death.

Like USAA burial insurance, you must live for at least two years for a AAA burial insurance plan to pay the full death benefit.

The only exception to the 24-month waiting period is accidental death. Even during the waiting period, the full death benefit will be paid if you die from an accident.

You can apply for their coverage via mail, online, or by calling them.

If you’re an existing AAA member, you will save about $60 per year (except in North Dakota).

If you need or want a guaranteed acceptance policy, AAA’s burial insurance is typically the best on the market. However, it’s highly advisable that you try to get a policy with immediate coverage before settling on a guaranteed issue life insurance policy.

AAA Guaranteed Acceptance Life Insurance Product Details
Policy TypeWhole Life Insurance
Policy DurationForever
PremiumsRemain the same
Builds Cash ValueYes
Higher Rates For Tobacco UsageNo
Medical ExamNo
Health QuestionsNo
Guaranteed AcceptanceYes
2-Year Waiting PeriodYes
What Happens For Death In the First 24 MonthsRefund of 130% of Premiums
States AvailableAll Except New York
New Applicant Age Range45-85
Coverage Options$3K, $5K, $7K, $10K, $15K, $20K, or $25K
Pays Double For Accidental DeathYes


Pros & Cons Of AAA Funeral Insurance

The Good
  • Guaranteed acceptance
  • Often, it is the lowest-priced guaranteed issue coverage compared to other insurance companies
  • Accepts new applicants as old as 85
  • Premiums and death benefits never change, and the policy is permanent
  • Available in nearly all states (New York is the only state where it’s unavailable)
  • AAA Life Insurance Company has strong financial ratings, including an A (Excellent) rating with A.M. Best
  • Double death benefit payout for accidental death
  • Simple online application
  • AAA members save $60 yearly (except in ND)
  • Highest return of premium refund (130%) when non-accidental death occurs in the first 24 months
The Bad
  • Everyone gets a 24-month waiting period (no immediate coverage options)
  • Only refunds premiums plus interest if you die from natural causes in the first two years
  • Unless you have dire health issues, you can likely get a plan with no waiting period burial insurance plan elsewhere
  • You can get much lower prices from other companies unless you have very severe health issues
  • Coverage options are limited to increments of $3K, $5K, $7K, $10K, $15K, $20K, or $25K
  • Will not allow an alternate owner in the application (this is a big issue for anyone receiving Medicaid)
  • According to the BBB, AAA has a high number of complaints, no accreditation, and poor customer ratings
  • No final expense insurance options for young adults under 45


How Much Does AAA Final Expense Insurance Cost?

AAA burial insurance can cost as low as $21 or as high as $381 monthly, depending on your age, gender, and how much coverage you choose.

Also, remember that AAA calculates funeral insurance prices using an age bracket system. They set one price for anyone who falls into one of their brackets. For example, anyone 45-64 will have the same price.

In the rate chart below, you can see the monthly cost of their coverage. If you’re an existing AAA member, your price will be reduced by five dollars per month.

Age BracketFemale $10,000Male $10,000Female $20,000Male $20,000


When Should You Buy AAA’s Burial Insurance?

Whether you should or should not buy their coverage is a subjective decision.

Everyone has unique circumstances, so there is no way to definitively make a judgment call that equally applies to all individuals.

The list below is a reasonably safe breakdown of when AAA’s burial coverage is an excellent option to pursue.

If you don’t identify with any of the following circumstances, you very likely should not buy AAA coverage.

Instead, you should seek out a plan where you complete a health questionnaire in the application.

That will lead to a lower monthly cost and a policy covering you immediately versus waiting two years to be insured.

  • A 24-month waiting period doesn’t bother you, and you would prefer not to answer health questions even if it means a more expensive price tag.
  • Cancer or treatment for cancer in the last 12 months
  • Dialysis
  • HIV or AIDS
  • Recommended to have a transplant
  • Used illegal drugs (except marijuana) within the last 12 months
  • Treated for alcohol or drug abuse in the last 12 months
  • Terminal illness
  • Wheelchair usage due to an illness (if it’s due to an injury, that is ok)
  • Bedridden
  • Hospitalized or in a rehab facility
  • Oxygen to assist with breathing
  • Nursing home confinement
  • Heart attack or stroke within the last 12 months
  • Heart or circulatory surgery within the last 12 months

Unsure about your situation? Call us at 1-800-644-2926, and one of our friendly agents will advise you about which burial insurance company is your best choice.


How To Get Final Expense Insurance With No Waiting Period

First, any final expense insurance plan that does not require you to answer health or lifestyle questions will always subject you to a 24-36 month waiting period.

There are no exceptions to that rule.

Getting a life insurance policy that provides coverage immediately is quite simple.

To get a no waiting period policy, you must apply for a plan where you answer health questions, and the company subsequently approves you.

A medical exam is not required, but you will have to complete a health questionnaire.

Many insurance companies offer no waiting period coverage. 99% of them only sell their no waiting period coverage through licensed agencies like Choice Mutual or Open Care Seniors. They do not sell it directly. If you call the insurance provider directly, they will merely tell you to find an agency licensed to sell their products.

For example, Mutual of Omaha Living Promise coverage has no waiting period. If you call Mutual of Omaha directly (1-800-228-7104) and ask to buy a Living Promise final expense policy, they will simply tell you to find a licensed agent who can help you. The only policy Mutual of Omaha sells directly to consumers is a guaranteed acceptance plan with a two-year waiting period.

If you are looking for senior final expense insurance and would prefer a plan with no waiting period, call us at 1-800-644-2926. Choice Mutual is an insurance agency that represents over 15 different final expense insurance companies. We’ll work hard to find you a policy with immediate coverage at the lowest price possible. We can even secure final expense insurance for seniors over 80.

We’ll answer all your questions, recommend the best option, and hold your hand through the entire application process.

We have thousands of positive 5-star reviews online, like the ones below.


AAA Life Insurance Company Background

It’s common to associate AAA with their flagship roadside service. That’s genuinely what they are most known for. However, they started offering life insurance in 1969.

AAA Life Insurance Company has an A (excellent) rating with A.M. Best.

Typically, they market this product online and through direct mail. However, AAA final expense whole life insurance is also sold by some insurance agencies.

Below is all their contact info:

  • Headquarters: 17900 N Laurel Park Dr, Livonia, MI 48152
  • Customer service phone: 800-684-4222
  • Website:

Choice Mutual often cites third-party websites to provide context and verification for specific claims made in our work. We only link to authoritative websites that provide accurate information. You can learn more about our editorial standards, which guide our mission of delivering factual and impartial content.

  1. product fact sheet.
  2. AAA website.
  3. A.M. Best.
  4. BBB.
  5. Trustpilot.
  6. roadside service.
  7. in 1969.
  8. A.M. Best.