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Hawaii Revised Statutes Division 2. Business § 431:10D-604

Current as of January 01, 2025 | Updated by Findlaw Staff

For annuities in the payout period with changes in non-guaranteed elements, and for the accumulation period of a deferred annuity, the insurer shall at least annually provide each contract owner with a report of the status of the contract that contains at least the following information:

(1) The beginning and ending dates of the current report period;

(2) The accumulation and cash surrender value, if any, at the end of the previous report period and at the end of the current report period;

(3) The total amounts, if any, that have been credited, charged to the contract value, or paid during the current report period; and

(4) The amount of outstanding loans, if any, as of the end of the current report period.

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Cite this article: FindLaw.com - Hawaii Revised Statutes Division 2. Business § 431:10D-604 - last updated January 01, 2025 | https://codes.findlaw.com/hi/division-2-business/hi-rev-st-sect-431-10d-604/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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