HRS §431:6-314

Borrowing money against your life insurance policy

Read the official text at capitol.hawaii.gov ↗

This section lets an insurance company lend you money using your life insurance policy as collateral. The loan amount cannot be more than the policy's cash surrender value. It only covers this basic borrowing rule.

borrowers

The statute, as written — Policy loans

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.

An insurer may loan upon a life insurance policy, as collateral security, any sum not exceeding the cash surrender value of the policy.

Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.