Life Insurance 

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Protecting your family when you are gone is possible with life insurance. The coverage gives them financial security to pay rent, medical bills, college tuition, and even funeral expenses. Family Insurance Associates of Ruidoso, NM works with all New Mexico residents to safeguard their future and that of loved ones even in the worst-case scenarios.

Our agents will help you through the various options available, discuss what you need, and provide all other necessary information. We provide the following life insurance policies:

Term Life Insurance

Term life is the most affordable and basic form of life insurance. It offers death benefit only to the named beneficiary in case you depart. The agreement usually lasts for a specified period ranging from 5 to 35 years.

The amount of premiums remains fairly constant throughout the entire period of coverage making it easy to plan and execute. At the end of the term, you have the option of renewing or purchasing a new policy. With NM Agency, you can also convert it to a whole term if you decide to extend your insurance.

Term life insurance is suitable if:

• You work in a risky profession
• You have young kids
• You are a breadwinner
• You have a mortgage on your home

Whole Life Insurance

Whole insurance coverage is more permanent as compared to term life. Once you enter into an agreement with us, you will be covered throughout your entire life. Our whole life policy has the following features and benefits:

• Death benefits: as long as premiums are made, a specified amount is paid to the named beneficiary when you are gone.
• Cash value: whole life coverage builds up cash like a savings account. You can get the accumulated amount; however, it reduces its surrender value.
• Premiums remain the same throughout unless you want to increase them to increase the cash value.

At Family Insurance Associates in Ruidoso, NM, we believe that a loving parent protects the future of their loved ones. If you are looking for life insurance in New Mexico, visit our offices, call us, or drop us an email and we will get back to you.