Tenn. Code Ann. § 56-7-203 :
Part 2. General Provisions--Life Insurance
� 56-7-203. Proceeds payable to spouse, children, or dependent relatives; exemption from creditors' claims
The net amount payable under any policy of life insurance or under any annuity contract upon the life of any person made for the benefit of, or assigned to, the spouse and/or children, or dependent relatives of such persons, shall be exempt from all claims of the creditors of such person arising out of or based upon any obligation created after January 1, 1932, whether or not the right to change the named beneficiary is reserved by or permitted to such person.
Last Amended: 1925
1925
HISTORY: Acts 1925, ch. 113, § 1; Shan. Supp., § 4232a; mod. Code 1932, § 8458; T.C.A. (orig. ed.), § 56-1110.