Life Insurance
Life Insurance information and online quotes
LIFE INSURANCE QUESTIONS
Are we Rio Grande Life Insurance Company?
Do I have to take a physical exam to get life insurance?
Do I need to go to a doctor for the blood work?
Can I purchase life insurance on my girlfriend?
Click for an online life insurance quote
Is Rio Grande Insurance Services of Santa Fe, Inc. the same company as Rio Grande Life Insurance Company?
No, we are not related in any way to Rio Grande Life Insurance Company. However, we get asked this question a lot, and here is what we know:
- Life Insurance companies do not ever go out of business (that would be very bad for the trustworthiness of the industry!), however they DO get purchased by other companies
-
The policies issued by Rio Grande Life Insurance company were all purchased by Kentucky Central Ins Co
- Kentucky Central's policies were later purchased by two companies:
- Liberty Mutual Ins Co, www.libertymutual.com, 800-551-8354, purchased most life policies
- Lincoln National Ins Co, www.lincolnlife.com, 800-487-1485 ext. 8502, purchased some life policies
Do I have to take a physical exam to get life insurance?
As a rule, most companies when applying for a death benefit over 100K will require a blood and urine sample. The higher the death benefit becomes,
the more thorough the exam becomes.
Under 100K a simple application is usually all that is required, unless the
applicant is 65 years of age or older, or indicates a pre-existing health
condition.
Do I need to go to a doctor for the blood work?
No, the insurance company will send a porta-medic to your home at their expense if you wish.
Can I purchase life insurance on my girlfriend?
No, you must be married. You can only purchase life insurance on someone you have an insurable interest in.
Click for an online life insurance quote
