2012 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:10D-604 Report to contract owners.
§431:10D-604 Report to contract owners. 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. [L 2006, c 71, pt of §1]
Revision Note
Subsection designation deleted pursuant to §23G-15(1).
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