§431:10-231 - Exemption of proceeds; accident and health or sickness.
§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]