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Hawaii Life Insurance: What you need to know

Employers have no obligation under Hawaii law to offer life insurance to their employees. However, if group life insurance is among the benefits offered to workers, certain minimum requirements must be satisfied (HI Rev. Stat. Sec. 431:10D-201et seq.).
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Group characteristics. The employees eligible for coverage must include all those belonging to the class defined as eligible for coverage determined by conditions pertaining to employment. Employees may include employees of one or more subsidiary corporations; the employees, individual proprietors, and partners of one or more affiliated corporations, proprietorships, or partnerships under common control; the individual proprietor or partners if the employer is an individual proprietor or a partnership; and retired employees.
Beneficiary. The employee may name anyone except the employer as beneficiary.
Employer/employee contributions. Employers are required to make some contribution toward the cost of group insurance. If the employer pays the entire cost, all employees in the eligible class must be covered by the policy. If employees are expected to pay any part of the cost, 75 percent of the group to be insured must elect coverage.
Family coverage. Group coverage may be extended to employees' spouses, dependent children under the age of 18, dependent children under the age of 23 who are enrolled in school, and dependent children of any age who are incapable of self-support because of a physical or mental disability. The spouse and dependents may be covered up to the same amount as the coverage of the employee. Employers may, but are not required to, contribute towards family coverage.
Conversion. Employees, as well as covered spouses and ...

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