Do Utah military members need life insurance beyond SGLI?

Military members have a wonderful benefit called Servicemembers Group Life Insurance (SGLI). Nowadays that benefit costs 6 cents for $1,000 of coverage. This makes the premium only $25 for up to 400,000.000 coverage. Most non-SGLI life insurance policies have a wartime provision that prevents them from having to pay out if you were to do…

When and why should Utah residents get a Will?

When you start your estate planning the first piece of estate planning should be a last will and testament. Gallup poll shows just 44 percent of people have a will! Who should have a Will? If you are single and have mostly debt and little assets to your name a last will and testament is…

What is a tradeline and how do they help my credit score improve?

First, we should start with the obvious, buying a tradeline or being an authorized user does not bring permanent holistic positive changes to your credit report.  Only credit repair does.  Credit repair meaning disputing factual inaccuracies on your credit report.  Getting those inaccuracies off and building tradelines that are your own is the most positive…

Utah Life Insurance

Being aware of specific state laws related to life insurance can be hard to understand sometimes. We have made this informal guide to assist you in increasing your knowledge about Utah life insurance laws. Utah Life Insurance Rules and Regulations Title 31A Insurance Code is where you can find most of the laws and regulations…

Does life insurance cover suicide in Utah?

We face trying times in the year 2020, a pandemic, an uncertain economy, lock-downs, riots, record unemployment, and a tumultuous election year. Our over-connected society makes us feel more alone than it ever has. It’s no wonder that one of the biggest trending questions on Google Trends has been “Does life insurance cover suicide“? The…