Asset Protection Society

Protecting Your Net Worth

Home Alabama Life Insurance, Annuity, and IRA Exemption

Life Insurance

 

Proceeds and avails of life insurance policies are exempt.  To see this statute, click here

 

Annuity

 

Benefits, rights, privileges, and options under an annuity contract are exempt up to $250 per month.  To see this statute, click here

 

Miscellaneous

 

Proceeds and avails of any disability insurance account are exempt so long as it does not exceed $250 per month.  To see this statute, click here