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Best Life Insurance Companies in Santa Fe

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Agape Insurance Services logo
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License Verified:

License: 1800011427

New Mexico Regulation and Licensing Department

Agape Insurance Services

1424 Luisa St #1, Santa Fe, NM 87505
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  • Life Insurance

Business Description

Agape Insurance Services caters to families and individuals in the Santa Fe metro. It offers an array of personal lines of insurance products, including life policies. The agency helps clients acquire term, whole, and universal coverages. It also processes home, auto, and health insurance plans. In addition, Agape Insurance Services offers workers' compensation, hospital, indemnity, and general liability insurance. Its founder, Michelle Bower, has been in the industry for more than 15 years.

License Verified:

License: 1800011427

New Mexico Regulation and Licensing Department

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (9)
Yelp
3.0 / 5 (2)
Blue Chip Insurance logo
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Blue Chip Insurance

1040 Don Diego Avenue, Santa Fe, NM 87505
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  • Life Insurance

Business Description

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.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
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Brynda Gonzalez logo
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License Verified:

License: 8897919

New Mexico Regulation and Licensing Department

Brynda Gonzalez

3545 Zafarano Drive Suite A10-3, Santa Fe, NM 87507
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  • Health Insurance
  • Individual Plans
  • Life Insurance

Business Description

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.

License Verified:

License: 8897919

New Mexico Regulation and Licensing Department

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (45)
Michelle Cole logo
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License Verified:

License: 18989414

New Mexico Regulation and Licensing Department

Michelle Cole

6640 Cerrillos Road Suite A, Santa Fe, NM 87507
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  • Life Insurance

Business Description

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.

License Verified:

License: 18989414

New Mexico Regulation and Licensing Department

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (50)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Silas T. Garcia Agency & Associates logo
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License Verified:

License: 1800006916

New Mexico Regulation and Licensing Department

Silas T. Garcia Agency & Associates

1443 S Saint Francis Drive, Santa Fe, NM 87505
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  • Life Insurance
  • Individual Plans

Business Description

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.

License Verified:

License: 1800006916

New Mexico Regulation and Licensing Department

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
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Frequently Asked Questions

Which is better, term or whole life insurance?

Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

How much life insurance do I need?

A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.

How does life insurance work?

The details of how life insurance works depend on your individual plan, but the basics are as follows: 

  • You pay a premium to purchase the insurance. Typically the premium is paid monthly, but it could be rolled into quarterly, bi-annual, or annual payments. 
  • As long as you are meeting or have met premium obligations, if you pass away, the insurance company makes the agreed-upon payment to the beneficiaries you designated. 
  • Beneficiaries usually have to provide the insurance company with a death certificate to receive their payments.

How much is life insurance?

The cost of life insurance ranges widely. Term life insurance can cost as little as a few dollars a day, and whole life insurance can cost thousands per month on the high end. Factors that impact the cost of your life insurance include whether you're choosing term life insurance or whole life insurance, your age, how much coverage you want, your overall health, and your gender.

Is life insurance taxable?

Life insurance proceeds are the funds paid via your plan to your beneficiaries if you pass away. These are also called death benefits. Typically, these are not considered income for taxes. If you take out cash value from a whole life insurance investment and the amount exceeds how much you paid in premiums, the difference may be considered taxable income.


Can I buy health insurance that is not Obamacare?

When people say "Obamacare insurance," they typically mean insurance within the health insurance marketplace. You can get health insurance outside of the marketplace by going through your employer, choosing COBRA coverage if you leave your job, or buying a short-term health insurance policy through an insurance agent. ACA-compliant plans meet all the benefits and coverage requirements of the Affordable Care Act. But you may be able to find supplemental or short-term coverage that simply provides peace of mind for major medical expenses.

Can I buy health insurance anytime?

To buy health insurance in the marketplace, you must purchase it within open or special enrollment periods. But you can purchase short-term coverage to bridge the gap between now and the next open enrollment period. These plans are meant to be used for less than a year. You can purchase them online or via insurance agents, but they may not be ACA-compliant.

Who should buy supplemental health insurance?

Supplemental health insurance is a product that helps cover the cost of services that your primary health insurance policy doesn't. One popular option is secondary insurance that helps cover some of the costs associated with high deductibles. Medicare supplemental insurance is also popular. Medicare doesn't cover everything, and older adults on a limited income can face large prescription or medical bills after Medicare pays. Supplemental insurance helps reduce those patient costs.

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