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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-3632: Exemption of proceeds, group life

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Where this section sits in the code
  1. OK Code
  2. Title 36

A. A policy of group life 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 liability of any 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.

B. This section shall not apply to group life insurance issued

pursuant to Article 41 (Group life insurance and group annuity

contracts) to a creditor covering his debtors, to the extent that

such proceeds are applied to payment of the obligation for the

purpose of which the insurance was so issued.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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