Consumer Bankruptcy Law and Practice: 10.2.2.9 Accrued Dividend, Interest, or Loan Value of Life Insurance—§ 522(d)(8)
Interests in life insurance policies that do have a cash value may be exempted to the extent of $14,875 per debtor under subsection (d)(8).112 From this amount must be subtracted any amounts that are used by the insurance company to continue premium payments under a contract that provides for automatic payments out of the accrued value.113