Skip to main content

Get your free personalized final expense life insurance quote.

Life Insurance in Hawaii

Hawaii, like most states, does not regulate life insurance on the policy level the way that the state Department of Insurance regulates other insurance such as health or auto.

Purchasing a life insurance policy today is a smart way for people in Hawaii to help ensure that their loved ones will always be protected, even if they are not there to take care of them. As you shop around, you should be aware of the state specific regulations that are in place to protect your rights.

Why do I need life insurance?

With life insurance coverage, you can feel secure knowing that your beneficiaries will have some help covering your final expenses and other financial needs they’ll face without you.

Hawaii was ranked 1st out of 50 states and the District of Columbia in life expectancy in 2014, with a life expectancy of 81.15 years. Even with this in mind, people living in Hawaii may want to consider their life insurance options.

Hawaii life insurance specifics

The insurance industry in Hawaii is regulated by The State Insurance Code of Hawaii. The state uses this code to regulate claims and provide certain provisions to protect consumers, such as:

  • Incontestability
    Your life insurance policy is considered incontestable in Hawaii after it has been in place for two years, except for in cases where you missed premium payments.
  • Grace Period
    You have 30 days to bring your premiums current if you have missed a payment, and not lose your benefits. This is known as a Grace Period.

Hawaii life insurance state resources

Hawaii Department of Insurance
The purpose of the Department of Insurance is to faithfully execute the state insurance laws in a manner that protects insurance customers and the Hawaii life insurance industry.

Hawaii Life & Health Insurance Protection Association
State guaranty associations are there to provide protection and continuing coverage, even in the event that an life insurance company becomes insolvent.

Life Insurance Company Ratings from A.M. Best
A.M. Best provides ratings for life insurance companies based on financial strength and past performance.

Learn More