Iowa Code 633.333 – Proceeds of insurance
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 633.333
- Contract: A legal written agreement that becomes binding when signed.
- Debts: includes liabilities of the decedent which survive, whether arising in contract, tort, or otherwise. See Iowa Code 633.3
- Decedent: A deceased person.
- Estate: means the real and personal property of either a decedent or a ward, and may also refer to the real and personal property of a trust described in section 633. See Iowa Code 633.3
- Property: includes both real and personal property. See Iowa Code 633.3
The avails of any life or accident insurance, or other sum of money made payable to the decedent‘s estate by any mutual aid or benevolent society upon the death or disability of a member thereof, are not subject to the debts of the decedent, except by contract or by express provision in the will, and shall be disposed of like other property left by the decedent.