Eric moved recently to Salt Lake City Utah. His question is: What types of questions will the life insurance company ask me when I apply for a insurance policy?” Answer to Readers Question: It is common for life insurance applications to ask the following questions: Do you regularly use tobacco or tobacco products? Life insurance [...]

This question is from Dante, who lives in Provo, Utah: “How does a life insurance company assess their risk in insuring an individual?” Answer to Readers Question: When you apply for a life insurance policy, the company will inquire about your health status and often require a medical exam. The life insurance company will use [...]

Readers Question: “How do you know if a life insurance offer is legitimate here in Orem, Utah?” Answer to Readers Question: If you have a question about the validity of the offer the best thing to do is to contact the department of insurance in your state and ask if they have received any complaints [...]

Angie moved to Ogden, Utah. She always asks challenging questions about life insurance. “What are vanishing premiums?” Answer to Readers Question: As I understand it, vanishing premiums are not legal to sell, mainly because they are not really vanishing. The type of policy that was commonly utilized was a Traditional Whole Life policy. These insurance [...]

Dane lives in North Davis, Utah. He is one of my readers, his question was, “Can the beneficiary named on a life insurance policy be changed by a court here in North Davis, Utah?” Answer to Readers Question: Sure it can be changed provided the court has sufficient proof to estalish doing so would be [...]