Country Guide
Best Life Insurance in New Mexico (2026)
Life insurance in New Mexico is more affordable than the national average. Compare top carriers for NM.
By Itai Varochik | Updated February 20, 2026
Top Exchanges in New Mexico
| # | Exchange | Best For | Fees | Type |
|---|---|---|---|---|
| 1 | Northwestern Mutual | Whole life | $940/yr | — |
| 2 | Haven Life | Online term life | $590/yr | — |
| 3 | State Farm | Bundling | $710/yr | — |
| 4 | Protective Life | Lowest term rate | $560/yr | — |
| 5 | Mutual of Omaha | Seniors | $780/yr | — |