Standards for basic illustrations

HRS §431:10D-405, under Chapter 431.

HRS §431:10D-405

[§431:10D-405] Standards for basic illustrations. (a) The format of a basic illustration shall conform with the following requirements:

(b) A basic illustration shall include a narrative summary which shall include the following:

(c) Following the narrative summary, a basic illustration shall include a numeric summary of the death benefits and values and the premium outlay and contract premium, as applicable, provided that:

(d) The following statements shall be included on the same page as the numeric summary and signed by the applicant, or the policy owner in the case of an illustration provided at time of delivery, as required in this part:

(e) A basic illustration shall include the following details: