SB142

SB142 amends Hawaii insurance law to specify procedures for insurers delivering checks by mail and handling lost, destroyed, or stolen checks.

SB142 amends Hawaii insurance law by adding a new section to Chapter 431, Article 10, Part II. It mandates that when an insurer chooses to pay policy proceeds or claims by check, the check must be sent via United States certified mail, restricted delivery, with postage prepaid and return receipt requested. Insurers are not relieved of their obligation to pay until they receive a sworn affidavit from the insured or beneficiary confirming receipt.