Insurance Cash Value in Califoria Bankruptcy

[kbone1]

Hi All, can you tell me how much Cash Value held in a Single Premium Annuity Insurance Policy and in a Whole Life Insurance Policy can be protected during a California Chapter 7 Bankruptcy. Also, how much money can be protected in an IRA. Almost all of my assets are in Insurance but I have a little in an IRA. What is this type of protection called? Thank You and Best Wishes.

Edit on 08/24: I have been looking thought a few bankrupcy sites and I came upon new information that has lead me to an additional question. In California under Bankruptcy System Number 2 they list that $17,425 in Home Stead Real and Personal Property is exempted from Creditors Plus a $925 amount in a Wild Card Exemption. Then in addition under Cash Value held in Life Insurance Policies they list $9,300 as being exempted.

My question is: are these Three Exemptions joinable into One Exemption in order to exempt a total of $27,650 in Whole Life and Annuity Life Insurance Policy Cash Value plus money held in an IRA which is equal to or less than $27,6500? Thanks Again for any info You can provide me with on this.