Life Insurance
The interest of any individual in any accrued dividend or interest, loan or cash value of or any other interest in a life insurance policy for the benefit of the insured’s spouse, dependent child, or any other dependent are exempt. The amount in aggregate shall not exceed $10,000 of any interest of value insurance acquired within the past two years. To see this statute, click here.
Accident, health, and disability policies are exempt. To see this statute, click here.
Avails of all matured policies of life, accident, health, and disability payable to the insured’s spouse, child, and dependents are exempt. To see this statute, click here.
IRA
ERISA qualified plans, including IRA eligible plans, are exempt. To see this statute, click here.