An unmatured life insurance policy owned by the debtor is exempt from the bankruptcy estate.

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In most states, an unmatured life insurance policy owned by the debtor is considered exempt from the bankruptcy estate, meaning it cannot be used to pay off creditors in a bankruptcy case. However, there may be state-specific variations, so it's always best to consult with a bankruptcy attorney in your area to confirm the laws and regulations that apply.

An Unmatured Life Insurance Policy Owned by the Debtor Is