AAA Life Insurance Company


Term with Return of      PREMIUM       Life Insurance


Life Insurance that Pays You Back

Life insurance is designed to help protect the financial future of those you care about, but that protection could also help benefit you in the long run. While there are many excellent Term Life Insurance policies available, Term with Return of Premium from AAA Life ensures you’ll receive 100% of your premiums back at the end of the term period if coverage is never used. This means you’ll have the chance to help pay for retirement, college for the kids, to help pay off or reduce your mortgage, or invest further in your future – it’s your money.

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Is Term with Return of Premium Right for You?


  • You would like to get all of your premiums back if you don’t use the death benefit1
  • You don’t mind participating in a phone interview and possibly taking a medical exam
  • You want to use the premiums to help pay for college, retirement, or travel


  • You want to insure your children on your policy or want a guaranteed waiver of premium should you become ill or disabled. Try Traditional Term Life instead
  • You want to be covered today. Consider ExpressTerm Life instead


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Cost Considerations for Term with Return of Premium


  • You pay a higher rate now, and get all of those premiums back if you outlive your term period
  • This is fully underwritten term, so we may be able to offer a better price depending on your health and other factors
  • Customizable coverage amounts and term periods
  • Rates tend to increase as you get older or your health declines
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How Does the Return of Premium Rider Work?

  1. Purchase a Traditional Term Life Insurance policy from AAA Life and add the Return of Premium rider.
  2. Pay your premiums on time, and keep the term policy and the Return of Premium rider active.
  3. 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.2
  4. Use the returned premiums as you wish!

Money-Back Life Insurance Policies from AAA Life

AAA Life’s Term with Return of Premium gives back 100% of your payments if you outlive the initial term period. Available for 15, 20, or 30-year coverage periods, just keep your policy and ROP benefit in effect by paying your premiums when due.

Solid. Reliable. Affordable.

It’s our goal to provide you with the best life insurance coverage available, at a price you can afford. And with Traditional Term with Return of Premium, you get the added benefit of getting your payments back if you don’t use your policy—because buying life insurance should help provide you with financial peace of mind, not a financial burden.

The AAA Life

We take pride in offering quality service to our
many customers—and it shows! There’s strength
in our number of customers, claims paid, and
especially our competitive premium rates.

Learn More
AAA Life Insurance Competitive Advantage Infographic

Life Resources

How Affordable is Term Life Insurance?

Worried that term life insurance is out of reach? Don't be. Learn how term life insurance can fit into your budget.

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Traditional Term with Return of Premium Fact Sheet

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Download the fact sheet.