Exemption of disability insurance proceeds

Checkout our iOS App for a better way to browser and research.

The proceeds or avails of all contracts of disability insurance and of provisions providing benefits on account of the insured's disability which are supplemental to life insurance or annuity contracts heretofore or hereafter effected shall be exempt from all liability for any debt of the insured, and from any debt of the beneficiary existing at the time the proceeds are made available for his use.


Download our app to see the most-to-date content.