Union Savings Building & Loan Ass'n v. Smith

(after stating the case as above).

*176The decision of the case depends upon the construction of article 5068a of the Statutes, which is as follows:

“Sec. 1. No money or benefits of any kind to be paid or rendered on a weekly, monthly or other periodic or installment basis to the insured or any beneficiary under any policy of insurance issued by a life, health or accident insurance company, including mutual and fraternal insurance, or under any plan or program of annuities and benefits in use by any employer, shall be liable to execution, attachment, garnishment or other process or be seized, taken…