Need Utah Life Insurance Quotes?

Purchasing life insurance in Utah is an important matter and as such, it deserves significant thought and consideration. Several factors may affect your decision regarding the type and amount of life insurance that you choose to purchase. Regulations regarding life insurance vary from one state to the next. Be sure to consider the following facts, when considering the purchase of Utah life insurance.

Insolvency coverage is limited to $500,000 if the insured died before the coverage date, and $200,000 of cash surrender benefits; if the insurer received a valid request for cash surrender before the coverage date but has not paid the cash surrender value before the coverage date, in the event that your insurance provider is unable to fulfill your policy.

In terms of debt collection, life insurance proceeds are exempt, if the beneficiary is the insured's spouse or dependent.

Utah's estate tax is designed to absorb the federal estate tax credit for state death taxes. No additional estate tax is imposed.

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