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2024

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Best Life Insurance Companies in Santa Fe, NM

Our Recommended Top 4

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Santa Fe life insurance companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

3728Reviewed

2238Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

6640 Cerrillos Road Suite A, Santa Fe, NM 87507
WebsiteLicense: 18989414

Expertise.com Rating

Review Sources

Google
4.8 (60)

Why choose this provider?

Michelle Cole is a State Farm insurance agent in Santa Fe. She provides clients with homeowner insurance, annuities, and life insurance, including term life and permanent life insurance. She represents them during intermediaries to find a policy suited for the clients' needs. She also helps clients determine the appropriate coverage when purchasing their insurance through research. Michelle offers auto and property insurances that cover damages sustained from calamities, accidents, and illegal actions.

  • Life Insurance

1040 Don Diego Avenue, Santa Fe, NM 87505

Expertise.com Rating

Review Sources

Yelp
2.0 (3)
Google
1.0 (2)

Why choose this provider?

Blue Chip Insurance is an insurance service provider that serves clients throughout Santa Fe and its surrounding communities. The locally owned and operated business offers an array of life insurance products for individuals and businesses. With its extensive market knowledge, it assists clients in choosing the right type of life insurance according to their needs and goals. Blue Chip Insurance is an independent insurance agency owned by Jay and Jane Winter. They lead a team of personal lines and commercial lines agents.

  • Life Insurance

3545 Zafarano Drive Suite A10-3, Santa Fe, NM 87507
WebsiteLicense: 8897919

Expertise.com Rating

Review Sources

Google
5.0 (69)
Facebook
5.0 (4)

Why choose this provider?

Brynda Gonzalez, a State Farm agent, offers life insurance to the locals of Santa Fe. She helps her clients secure their futures with term life, whole life, or universal life policies. She also offers other insurance products such as auto, home, property, business, pet, and health. In addition, customers can ask about financing services such as banking and annuities. Gonzalez has over 10 years of industry experience. She is licensed to practice in Texas, Colorado, and Arizona.

  • Health Insurance
  • Individual Plans
  • Life Insurance

1443 S Saint Francis Drive, Santa Fe, NM 87505
WebsiteLicense: 1800006916

Expertise.com Rating

Why choose this provider?

Silas T. Garcia Agency & Associates LLC, provides life insurance policies to clients in Santa Fe. The agency helps clients with their retirement plans by selling annuities, providing IRA and pension opportunities, and assisting with simplified 401 (k) employee pensions. It also offers Medicare insurance, which covers prescription drug plans, health care programs, and Medicare Advantage plans. The agency is a member of Independent Insurance Agents of New Mexico has been in the insurance industry for over 61 years.

  • Life Insurance
  • Individual Plans

Compare our Top Life Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Michelle Cole
6640 Cerrillos Road Suite A, Santa Fe, NM 87507
Blue Chip Insurance
1040 Don Diego Avenue, Santa Fe, NM 87505
Brynda Gonzalez
3545 Zafarano Drive Suite A10-3, Santa Fe, NM 87507
Silas T. Garcia Agency & Associates
1443 S Saint Francis Drive, Santa Fe, NM 87505

Santa Fe, NM Life Insurance FAQs

  • What is the average cost of life insurance for smokers in New Mexico?

    Due to the increased health risks associated with smoking, life insurance premiums for Santa Fe smokers range between $80 and $180 on average. Insurance companies in New Mexico consider smoking when determining rates. Nevertheless, competitive rates can be found by comparing various options. It is advisable for smokers to purchase a 20-year policy, as premiums tend to increase with age for this group.

  • Where can Santa Fe residents seek assistance regarding insurance concerns and access related resources?

    Residents of Santa Fe can seek insurance advice from the New Mexico Office of the Superintendent of Insurance (OSI). The official website of the OSI includes a company search function, online complaint and fraud reporting forms, links to rules and statutes, news, and newsletter subscriptions. If problems cannot be resolved through the OSI, the website of the National Association of Insurance Commissioners offers additional resources, such as a policy locator service and educational materials.

  • How does the grace period work for life insurance policies in Santa Fe?

    After a missed payment, most Santa Fe life insurance companies allow policyholders a 31-day grace period. Even if the insured person dies during this time period and a legitimate claim is submitted, the insurer is still obligated to pay it. This grace period not only protects beneficiaries, but also allows policyholders to reinstate their policy without having to seek new coverage. There is no limit to how often a policy can enter this grace period.

  • For Santa Fe residents, is it recommended to invest in credit life insurance?

    Credit life insurance is frequently more expensive in Santa Fe than standard term life insurance. If a person already has enough life insurance to cover all financial needs, including debt repayment, credit life insurance is generally not recommended due to its high cost. Before purchasing, it is critical to compare its value to existing coverage.

  • In Santa Fe, who can residents select as their life insurance beneficiary?

    Santa Fe residents can name a variety of people as beneficiaries, including spouses, children, parents, and business partners. The key point is that the beneficiary should suffer a financial loss in the event of the policyholder's death, indicating that they have an insurable interest. Individuals typically choose their spouse to provide financial security for their family or a business partner to provide company-related support. They can also specify a primary and backup recipient for payouts.

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