| Life insurance proceeds are exempt. If the policy so states, the proceeds and avails of the policy shall be exempt from claims of the beneficiaries creditors. (17B: 24-6) To see this statute, click here.
Policies of group life and health insurance and the proceeds payable from such policies are exempt. (17B: 24-9) To see this statute, click here.
Annuity
Subject to a $500 per month limitation, the benefits, rights, privileges, and options due or prospectively due under an annuity contract are exempt from claims of creditors. (17: 24-7) To see this statute, click here.
Miscellaneous
Proceeds and avails of all policies of health insurance, and provisions providing benefits to the insured, which are supplemental to life insurance policies or annuity contracts are exempt. (17B: 24-8) To see this statute, click here. |
