Hawaii SB142 amends insurance regulations to require checks for policy proceeds or claims to be sent by certified mail and outlines procedures for.
Hawaii SB142 modifies insurance practices by mandating that checks for policy proceeds or claims be sent via United States certified mail with restricted delivery and postage prepaid. Insurers must send these checks to the last known address of the insured or designated beneficiary. Insurers are not relieved of their payment obligations until they receive a sworn affidavit confirming receipt of the check.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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