HRS §431:2-201.8
Rules to protect service members from unfair life insurance sales
This section gives the insurance commissioner the power to make rules that protect U.S. military service members from dishonest or predatory life insurance sales. The rules can declare certain sales practices to be false, misleading, deceptive, or unfair.
state agencies
The statute, as written — Sales to members of the armed forces
Pursuant to the Military Personnel Financial Services Protection Act, Pub. L. No. 109-290, the commissioner shall have the authority to adopt rules to protect service members of the United States armed forces from dishonest and predatory life insurance sales practices by declaring certain life insurance practices, identified in the rules, to be false, misleading, deceptive, or unfair.
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