HomeOur Products Life Insurance Term Life Insurance › Term With Return Of Premium

Term with Return of Premium

With Return of Premium, you can receive 100% of your premiums back on your Term life insurance policy.

Is Term life with Return of Premium right for you?

Term life insurance can do more than protect your loved ones when the unthinkable happens. By adding the Return of Premium rider to your Term life insurance policy, you can receive 100% of the money you paid for your term insurance if you outlive the guaranteed term period chosen!1 Best of all, you can use that money for anything you’d like.

Return of Premium may be right for people who:

  • Don’t want to pay for coverage that may never be used
  • Want the premiums back to help pay for college, retirement, or travel

How does our Term with Return of Premium work?

Purchase a Term life insurance policy from AAA Life and add the Return of Premium rider. Then, pay your premiums on time, and keep the policy and benefit in force. The extra premium you pay for the return of premium rider guarantees the return of all of your premium payments at the end of the life insurance policy's initial term period.

For example, a man age 35 can get a 20-year policy with $100,000 of coverage for only $34.19 a month. BUT, at the end of the term period, that man can get $8,205.60 cash back. That’s the total amount of premiums paid for the entire term period. So, the net cost of coverage all those years is $0!2

Here are some features of our Return of Premium:

  • Term period options include 15, 20, 25, and 30-year coverage
  • Coverage from $100,000 to more than $10,000,000
  • Protection if you need it and a return of all premiums paid if not1

Call 1-888-422-7020 to speak to a Life Insurance Specialist today.


Disclaimers & Disclosures

1Return of Premium (ROP) benefit provided under the Intermediate Period Endowment Benefit Rider is not available with a 10-year term policy. Certain exclusions and limitations apply. Policy and benefit must remain in force in order to be eligible to receive a return of premium. A portion of the ROP amount may be paid if the policy is terminated prior to the end of the initial term period. No return of premium for the first 2 years of the policy.

2$8205.60 is the maximum amount of premiums returned based on Super Preferred Non-Nicotine rates for a 20-year, $100,000 Term life insurance policy for a 35-year-old male with a Return of Premium rider. The amount of your actual premium returned to you will be in accordance with the terms of the ROP rider. Rates and policy approval are subject to specific underwriting guidelines. Your actual rate of return may vary depending on the policy, individual tax rates, and other factors.

Term Policy Form Series: ICC11-1201, TL-1201; Return of Premium Rider Series: ICC11-1207IPE, TL-1207IPE

This is a summary of insurance provisions and does not contain all of the benefits and exclusions. For complete terms of the insurance coverage, please contact your insurance professional or refer to the policy.