HRS §431:10D-303
What counts as industrial life insurance
This section defines industrial life insurance. It is a life insurance policy with a face amount under $1,000, premiums due monthly or more often, and the words 'Industrial Policy' printed on it.
everyone
The statute, as written — Industrial life insurance defined
Industrial life insurance is any life insurance provided by an individual insurance contract issued in face amount of less than $1,000 under which premiums are payable monthly or more often, and bearing the words "Industrial Policy" printed upon the policy as a part of the descriptive matter.
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