Do Utah military members need life insurance beyond SGLI?

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…

Does life insurance cover suicide in Utah?

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…