Passionate, Proud Advocates

Passionate, Proud Advocates

WE FIGHT FOR THE RIGHTS OF INJURED OKLAHOMANS
FOUNDED IN 1952, OUR LAW FIRM HAS A PROUD HISTORY OF HELPING THE INJURED

Frasier, Frasier & Hickman is OPEN! While we will do our best to follow our government's social distancing recommendations, we realize your needs do not stop and we are here to help! Our Firm is happy to accommodate your needs and do our consults over the phone. Call today to schedule your consult.

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.

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