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Home Massachusetts Life Insurance, Annuity, and IRA Exemption

Life Insurance

Any life or endowment policy created by a person other than himself is exempt.  To see this statute, please click here.

Life insurance proceeds for a married woman are exempt if the proceeds are for her benefit and that of her children.  To see this statute, please click here.

Group life insurance policies are exempt.  To see this statute, please click here.

Annuity

Proceeds and benefits from group annuity contracts are exempt.  To see this statute, please click here.

ERISA qualified plans are exempt.  To see this statute, please click here.

Pensions for certain employees, subject to Federal Employee Retirement Income Security Act of 1974, are exempt.  To see this statute, please click here.

Miscellaneous

110.  Suits to recover necessaries aside, disability benefits, not exceeding $400 per week, are exempt.  To see this statute, please click here.