Idaho Statutes

§ 41-1835 — EXEMPTION OF PROCEEDS — GROUP INSURANCE

Idaho § 41-1835
JurisdictionIdaho
Title 41INSURANCE
Ch. 18THE INSURANCE CONTRACT

This text of Idaho § 41-1835 (EXEMPTION OF PROCEEDS — GROUP INSURANCE) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 41-1835 (2026).

Text

(1)A policy of group life insurance or group disability insurance or the proceeds thereof payable to the individual insured or to the beneficiary thereunder, shall not be liable, either before or after payment, to be applied by any legal or equitable process to pay any debt or liability of such insured individual or his beneficiary or of any other person having a right under the policy. The proceeds thereof, when not made payable to a named beneficiary or to a third person pursuant to a facility-of-payment clause, shall not constitute a part of the estate of the individual insured for the payment of his debts.
(2)This section shall not apply to group insurance issued pursuant to this code to a creditor covering his debtors, to the extent that such proceeds are applied to payment of the o

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Legislative History

[41-1835, added 1961, ch. 330, sec. 427, p. 645; am. 2003, ch. 248, sec. 3, p. 640.]

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Bluebook (online)
Idaho § 41-1835, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/41-1835.