What extent are the proceeds of life insurance policy exempt

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To what extent are the proceeds of a life insurance policy exempt from the claims of creditors of the beneficiary? On what basis can such exemptions be justified?

Reference no: EM131027234

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What extent are the proceeds of life insurance policy exempt : To what extent are the proceeds of a life insurance policy exempt from the claims of creditors of the beneficiary? On what basis can such exemptions be justified?
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