HRS §431:4-118
What insurance applications must say for mutual insurers
Read the official text at capitol.hawaii.gov ↗This section says that when people apply for insurance from a mutual or reciprocal insurer, the application must include three promises: the policy only starts if the insurer is fully set up and licensed, the applicant gets a full refund if that doesn't happen before the permit expires, and the insurance agreement isn't active until a policy is issued.
The statute, as written — Insurance application
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
All applications for insurance obtained in forming a mutual or reciprocal insurer shall provide that: (1) Issuance of the policy is contingent upon completion of organization of the insurer and issuance of a certificate of authority to it; (2) The prepaid premium or deposit will be refunded in full to the applicant if the organization is not completed and the certificate of authority issued prior to the solicitation permit's date of expiration; and (3) The agreement for insurance is not effective until a policy has been issued under it.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.