You are allowed to use the federal non-bankruptcy exemptions only if you use your State's exemption tables ... Arkansas, Massachusett, New Mexico, Texas, Connecticutt, Michigan, Pennsylvania ...
If the bankruptcy debtor chooses the Texas exemptions, insurance benefits are fully exempt in a bankruptcy proceeding of either the insured or the beneficiary
... are experienced bankruptcy lawyers and attorneys, many of whom will give you a free initial consultation. (Also Refer to: Texas Bankruptcy FAQ's & Assets that can be kept; Texas Bankruptcy Exemptions