Frasier, Frasier & Hickman, LLP
Let Us Help You
Call: 918-779-3658
View Our Practice Areas

Insurance Exemptions

Oklahoma believes insurance money should be protected from creditors. As the insured or beneficiary of the insured, this belief entitles you to exemptions when you receive insurance money.

Oklahoma Statutes, Title 36, Section 3631.1 provides that, not only are life, accident, and disability policies exempt from execution in the hands of the insurance company, but also as the money is paid out to the beneficiary.

Thus, a creditor cannot garnish your bank account or take any money that comes from a long-term disability policy or life insurance policy and so forth.

If you have any questions about your insurance exemptions and the protections afforded therein, contact Frasier, Frasier & Hickman, LLP today at 918-779-3658.

No Comments

Leave a comment
Comment Information
Email Us For A Response

What Is Your Legal Issue?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Frasier, Frasier & Hickman, LLP

Office Location :

Frasier, Frasier & Hickman, LLP
1700 Southwest Blvd
Tulsa, OK 74107

Phone: 918-779-3658
Fax: 918-583-5637
Tulsa Law Office Map

Frasier, Frasier & Hickman, LLP | Google Map