2010 Georgia Code 33-29-15 Case Law
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One Click Case Law for § 33-29-15
O.C.G.A. § 33-29-14 <-- --> O.C.G.A. §33-29-16



2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 29 - INDIVIDUAL ACCIDENT AND SICKNESS INSURANCE
§ 33-29-15 - Exemption of policy proceeds from liability for debts of insured and beneficiary

O.C.G.A. 33-29-15 (2010)
33-29-15. Exemption of policy proceeds from liability for debts of insured and beneficiary


(a) The proceeds or avails of all accident and sickness policies and of provisions providing benefits on account of the insured's disability which are supplemental to life insurance or annuity contract, except credit accident and sickness policies and credit life policies, 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.

(b) The exemption of income benefits payable as the result of disability shall not exceed an average of $250.00 of such benefits per month of the period of disability.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com