New York Life pays for the endorsement and the right to market under the AARP banner.
Just because a life insurance policy is offered under the AARP name does not "necessarily" guarantee a better rate than you can get from another life insurance company.
AARP is a good organization and New York Life is a good life insurance company, but make sure you understand what it is you are buying and how it compares to other life insurance plans that may be available to you.
Having a good local independent life insurance agent can help you in finding the best life insurance option to meet your life insurance needs.
I believe AARP offers permanent life insurance with coverage up to $50,000 for members age 50 to 80 with no medical exam and no waiting period.
You may want to compare this life insurance plan to other plans available from Globe Life, Colonial Penn, and Mutual of Omaha to see how they compare and what the other insurers have to offer.