Asset Protection Society

Protecting Your Net Worth

Home Hawaii Life Insurance, Annuity, and IRA Exemption

Life Insurance

Life insurance proceeds are exempt if for the benefit of the insured’s spouse or reciprocal beneficiary.  To see this statute, click here.

Proceeds from any life or endowment policies or annuity contracts payable to spouse, child, parent, or other dependent of the insured are exempt.  To see this statute, click here.

Policies of group life insurance and the proceeds payable are exempt.  To see this statute, click here.

Annuity

Proceeds from any life or endowment policies or annuity contracts payable to spouse, child, parent, or other dependent of the insured are exempt.  To see this statute, click here.

Miscellaneous

The proceeds of contracts of accident, health, and sickness insurance and of provisions providing benefits on account of the insured’s disability, which are supplemental to life insurance policies or annuity contracts are exempt.  To see this statute, click here.