2013 Hawaii Revised Statutes
TITLE 24. INSURANCE
435E. Physicians and Surgeons Cooperative Indemnity
435E-20 Death of member.


HI Rev Stat § 435E-20 (2013) What's This?

§435E-20 Death of member. In the event a participating member who is in full compliance with the trust agreement dies, the initial contribution made by the decedent shall be returned to the member's estate or designated beneficiary; the indemnity coverage shall continue for the benefit of the decedent's estate in respect of occurrences during the time the decedent was a participating member; and neither the person receiving the repayment of the initial contribution nor the decedent's estate shall be responsible for any assessments levied following the death of the member. [L 1977, c 182, pt of §1]

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