Are cash values in a life insurance policy protected in a law suit in Georgia?"

dsmithers --

I mistakenly posted a clarification request as an answer.  I have
asked the Google editors to remove it.

markj-ga

dsmithers -

I don't have a conclusive answer to your question, so I am posting
this as a comment instead of as an answer.  And, please keep in mind
that this comment is not intended as, and should not be considered to
be, legal advice.

With regard to a Georgia bankruptcy proceeding, an on-line version of
the Georgia Unannotated Code states that up to $2000 in cash value of
an unmatured life insurance contract is considered to be exempt
property in such a proceeding.  See, Section 44-13-100 (a)
(2.1)(D)(9), which is about two-thirds of the way down this linked
page:
Georgia General Assembly: Unannotated Code:44-13-100
http://www.legis.state.ga.us/legis/2003_04/gacode/44-13-100.html

With regard to all other types of money judgments, I have found no
special statutory or regulatory protection in Georgia of the cash
value of insurance policies, but a definitive conclusion that there is
no such protection would require special familiarity with Georgia
statutory and case law.  You should consult a local lawyer if you need
a definitive answer.

markj-ga