Are Life Insurance Proceeds Protected From Creditors In Indiana? 
When a beneficiary in Indiana collects the death benefit from a life insurance policy upon the death of the insured person , the life insurance proceeds are protected from creditors in Indiana . Creditors could go after the life insurance proceeds if the beneficiary was a co-signer to the debts of the Insured . They could also collect on the life insurance money if the beneficiary was left to the estate . 