Northwestern Mutual Life Insurance v. Chehalis County Bank

Citations

• 65 Wash. 374
• 118 P. 326
• 1911 Wash. LEXIS 932

Syllabus

<p>Exemptions — Life Insurance — Statutes—Implied Repeal. Rem. & Bal. Code, § 6158, declaring that the beneficiary shall be entitled to life insurance as against creditors, except that the amount of premiums paid in fraud of creditors shall inure to their benefit from the proceeds of the policy, does not impliedly repeal Id., § 569, providing that all life and accident insurance shall be exempt from all liability for debt, although the title of the later act is broad enough to cover the whole subject of insurance; since repeals by implication are not favored,' and exemption laws are favored, and the two acts are not inconsistent.</p> <p>Fraudulent Conveyances' — Payment of Life Insurance Premiums — Proceeds of Policy — Statutes. Rem. & Bal. Code, § 6158, providing that the amount of premiums paid in fraud of creditors shall inure to their benefit from the proceeds of the policy, has no application to insurance the premiums on which were not paid by the deceased.</p> <p>Exemptions — Life Insurance — Proceeds. The exemption of life insurance from the debts of the deceased, by Rem. & Bal. Code, § 569, is not affected by the insolvency of the deceased.</p>