§657D-35 Rights and privileges of insured during period of protection. No dividend or other monetary benefit under a policy shall be paid to an insured or used to purchase dividend additions while a policy is covered by this part except with the approval of the insurance commissioner. Without this approval, those dividends or benefits shall be added to the value of the policy to be used as a credit when final settlement is made with the insurer. No cash value, loan value, withdrawal of dividend accumulation, unearned premium, or other value of similar character shall be available to the insured while the policy is covered under this part except upon approval by the insurance commissioner. The insured's right to change a beneficiary designation or select an optional settlement for a beneficiary shall not be affected by this part. [L 1994, c 257, pt of §2]
Structure Hawaii Revised Statutes
Title 36. Civil Remedies and Defenses and Special Proceedings
657D. Civil Relief for State Military Forces
657D-2 Territorial application; jurisdiction of courts; form of procedure.
657D-3 Protection of persons secondarily liable.
657D-4 Notice of benefits to persons in and persons entering military service.
657D-5 Extension of benefits to persons ordered to report for military service.
657D-7 Exercise of rights not to affect lenders, credit, or insurers.
657D-11 Default judgments; affidavits; bonds; attorneys for persons in service.
657D-12 Stay of proceedings where military service affects conduct thereof.
657D-13 Fines and penalties on contracts.
657D-15 Duration and term of stays; co-defendants not in service.
657D-16 Statutes of limitations as affected by period of service.
657D-17 Maximum rate of interest.
657D-18 Limitation prescribed by state tax laws as affected by period of service.
657D-22 Installment contracts for purchase of property.
657D-23 Mortgages, trust deeds, and other securities.
657D-25 Termination of residential or motor vehicle leases by lessees.
657D-26 Life insurance policies; penalties.
657D-27 Extension of benefits to dependents.
657D-32 Persons entitled to benefits; applications; amount of insurance protected.
657D-35 Rights and privileges of insured during period of protection.
657D-36 Deduction of unpaid premiums upon settlement of policies maturing during protection.
657D-38 Rules; finality of determinations.
657D-42 Rights to public lands not forfeited; grazing lands.
657D-43 Income taxes; collection deferred; interest; statute of limitations.
657D-51 Transfers to take advantage of chapter.
657D-52 Certificates of service; persons reported missing.
657D-53 Revocation of interlocutory orders.
657D-61 Stay of enforcement of obligations, liabilities, taxes.
657D-63 Reinstatement of health insurance coverage upon release from service.