Hawaii Administrative Rules
Title 16 - DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Chapter 6 - CREDIT LIFE AND CREDIT DISABILITY INSURANCE
Subchapter 3 - PREMIUMS, RATE DEVIATIONS, REFUNDS, AND COLLECTION AND REMITTANCE OF PREMIUMS
Section 16-6-10 - Premium rates
Universal Citation: HI Admin Rules 16-6-10
Current through November, 2024
Benefits provided by credit life and credit disability insurance policies must be reasonable in relation to the premium charged. This requirement is assumed to be satisfied without any actuarial or statistical filing if the premium rates do not exceed the provisions of sections 16-6-11 and 16-6-12.
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