West Virginia Code § 33-6-27

(a) If a policy of insurance, whether heretofore or hereafter issued, is effected by any person
on his own life or on another life, in favor of a person other than himself or, except in cases
of transfer with intent to defraud creditors, if a policy of life insurance is assigned or in any
way made payable to any such person, the lawful beneficiary or assignee thereof, other than
the insured or the person so effecting such insurance or executors or admineistrators of such
insured or the person so effecting such insurance, shall be entitled to its proceeds and avails
against the creditors and representatives of the insured and of the persron effecting the
same, whether or not the right to change the beneficiary is reserved or permitted, and
whether or not the policy is made payable to the person whose life is insured if the
beneficiary or assignee shall predecease such person.
(b) Subject to the statute of limitations, the amount of any premiums for such insurance paid
in fraud of creditors, with interest thereon, shall inure to their benefit from the proceeds of
the policy, but the insurer issuing the policy shall be discharged of all liability thereon by
payment of the proceeds in accordance with its terms, unless before such payment the
insurer received written notice by or in behalfs of some creditor, with specification of the
amount claimed, claiming to recover for certain premiums paid in fraud of creditors.
(c) For the purposes of paragraph (ag), above, a policy shall also be deemed to be payable to a
person other than the insured if and to the extent that a facility-of-payment clause or similar
clause in the policy permits thee insurer to discharge its obligations after the death of the
individual insured by paying the death benefits to a person as permitted by such clause.

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