Proceeds of Certain Policies | Midpage

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Code of Virginia

Article 2

Proceeds of Certain Policies

38.2-3118Spendthrift trusts created under life insurance policies 38.2-3119Limitation on § 38.2-3118 38.2-3121Segregation of proceeds not required 38.2-3122Proceeds and avails of life insurance policies and annuity contracts free of certain claims 38.2-3122.1Annuity contract purchased to fund retirement benefits; protection from creditor's claims 38.2-3124Protection of insurers from creditor's claims 38.2-3125Other rights of beneficiaries and assignees protected