Readers Question: How do I pick the most affordable life insurance coverage in New Mexico? I’m not very familiar with the ins and outs of life insurance so any info would be much appreciated. Thanks! Anderson Albuquerque, NM Good question! Life insurance is very important especially to people who have dependents. The right kind of [...]

Reader’s Question: I spoke to a life insurance broker here in New Mexico and so far I’m looking to get a policy worth $240,000, the broker suggested I go to $250,000 instead since there would be very little difference on my premiums, is that true? Wesker Rio Rancho, NM Yes, in your case it is [...]

Reader’s Question: I’ve head from a friend here in New Mexico that one would not need to pay taxes if they receive life insurance proceeds, is this true? Carroll Las Cruces, NM Yes, most of the time (and we have to say most of the time because there are still exceptions of course, but we [...]

Reader’s Question: I would really like to know how I can lower my Life Insurance costs here in New Mexico. Thanks! Alaine Albuquerque, NM There is no denying the fact that life insurance policies can be quite expensive to maintain, but there probably is a good reason for you to get one, so it is [...]

Reader’s Question: I learned from my insurer that I need to take a medical exam and wait for the results before I finalize my life insurance application in Albuquerque New Mexico. What if I don’t want to wait for this? Is there no faster way of getting life insurance? Arabella Albuquerque, NM Definitely, Arabella, insurance [...]

Reader’s Question: My mom taught me to never take anything at face value. She said that if something seems too good to be true, it probably is. And so she has taught me to never believe the first proposal (on anything!) that lands on my lap, but that I should look elsewhere. I want to [...]

Reader’s Question: What is a death benefit and how is it calculated? If I get a whole life insurance policy in Albuquerque New Mexico NM, will I be entitled to death benefits? Marissa Albuquerque, NM Death benefit is the amount of money you are entitled to which you can either get as a lump sum [...]

Reader’s Question: Whole life insurance appeals to me and I want to get one in Las Cruces New Mexico NM. Do you think this is okay? Addison Las Cruces, NM I can’t find an iota of a reason why it should be otherwise, Addison. Whole life insurance has a whole range of benefits, which I’ll [...]

Reader’s Question: I recently relocated to Albuquerque New Mexico NM and it seems very different from where I was in Washington. I’m wondering if life insurance policies here will be the same in other places. What do you think? Carson Albuquerque, NM Oh, so you are still adjusting to your new environment, Carson? I bet [...]

Reader’s Question: Will it be possible for me to name someone other than a relative as the beneficiary of my life insurance policy in Santa Fe New Mexico NM? It might be typical for an individual to name his or her spouse, child, parent, or other relative as the life insurance beneficiary, non-relatives can also [...]