§431:10-231 Exemption of proceeds; accident and health or sickness. The proceeds of all contracts of accident and health or sickness insurance and of provisions providing benefits on account of the insured's disability which are supplemental to life insurance or annuity contracts 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 the beneficiary's use. [L 1987, c 347, pt of §2; am L 2002, c 155, §47]
Section: Previous 431-10-225 431-10-226 431-10-226.5 431-10-227 431-10-228 431-10-229 431-10-230 431-10-231 431-10-232 431-10-233 431-10-234 431-10-235 431-10-236 431-10-237 431-10-238 NextLast modified: October 27, 2016