Hawaii Revised Statutes 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.

Section: Previous  431-10d-507  431-10d-508  431-10d-509  431-10d-510  431-10d-601  431-10d-602  431-10d-603  431-10d-604  431-10d-605  431-10d-621  431-10d-622  431-10d-623  431-10d-624  431-10d-625  431-10d-626  Next

Last modified: October 27, 2016