The net amount payable to any insured or to any beneficiary under any policy of accident or disability insurance or under accident or disability clauses attached to any policy of life insurance shall be exempt and free and clear from the claims of all creditors of such insured or such beneficiary and from all legal and judicial processes of execution, attachment, garnishment, or otherwise, up to a total amount of $1,000,000 per claim and subsequent award.
Minn. Stat. § 550.39
EXEMPTION OF INSURANCE POLICIES.
Applied in 5 court decisions — leading case Marriage of Moritz v. Moritz (1985)
Most recently applied in In Re Reiland (February 2008)
(9447-2) 1937 c 191 s 1; 2024 c 114 art 3 s 95
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.