No group life insurance policy, nor its proceeds, shall be liable to attachment, garnishment, or other process, or to be seized, taken, appropriated, or applied by any legal or equitable process or operation of law, to pay any debt or liability of any person insured under the policy, or his beneficiary, or any other person who has a right under the policy, either before or after payment. If the proceeds of a group life insurance policy are not made payable to a named beneficiary, the proceeds shall not constitute a part of the insured person's estate for the payment of his debts.
Code 1950, § 38-432; 1952, c. 317, § 38.1-482; 1986, c. 562.
Notes of Decisions
Cited in
5
cases (
1 in the last 5 years), 1986–2026 · leading case:
Sexton v. Cornett, 623 S.E.2d 898 (Va. 2006).
Sexton v. Cornett, 623 S.E.2d 898 (Va. 2006).
· cites it 5× “" Noting that the proceeds of group life insurance policies are exempted by Code § 38.2-3339 from application "by any legal or equitable process or operation of law" to any debt or liability of any person who has a right under the policy, the trial court held that the insurance…”
In re Fahey, 352 B.R. 288 (Bankr. D. Colo. 2006).
“22, § 839; Va.Code Ann. § 38.2-3339; Wash. Rev.Code § 48.”
Felix-Aranibar v. Felix, 59 Va. Cir. 357 (Va. Cir. Ct. 2002).
· cites it 13× “Va. Code § 38.2-3339 (emphasis added). Despite Respondent’s assertions, § 38.”
In re Wanda Harding Staker, No. 24-10444 (Bankr. E.D. Va. Feb. 5, 2026).
· cites it 3× “4 4 The Trustee’s objection to the Debtors’ claim of exemption of the insurance policies was that they were not group life policies, and therefore the exemption was not proper under Va. Code § 38.2-3339. This objection could have been raised within thirty (30) days of the…”
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