Exemption of Group and Blanket Policy Proceeds From Liability for Debts of Insured and Beneficiary

  1. Law
  2. Georgia Code
  3. Insurance
  4. Group or Blanket Accident and Sickness Insurance
  5. General Provisions
  6. Exemption of Group and Blanket Policy Proceeds From Liability for Debts of Insured and Beneficiary

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The proceeds or avails of all group or blanket accident and sickness policies shall be exempt from all liability for debt to the same extent and under the same conditions as provided for in the case of individual accident and sickness insurance by Code Section 33-29-15.

(Code 1933, § 56-3109, enacted by Ga. L. 1960, p. 289, § 1.)

RESEARCH REFERENCES

ALR.

- Limit of liability of members of insurance associations, 10 A.L.R. 750.

Bankruptcy or insolvency of insured as affecting right of person injured to proceeds of indemnity insurance, in absence of provision in policy in that regard, 59 A.L.R. 1123.


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