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Terms Used In Hawaii Revised Statutes 481X-9

  • Contract: A legal written agreement that becomes binding when signed.
  • Premium: means the consideration paid to an insurer for a contractual liability insurance policy. See Hawaii Revised Statutes 481X-2
  • Provider: means a person who is contractually obligated to the service contract holder under the terms of the service contract. See Hawaii Revised Statutes 481X-2

Service contract provider fees shall not be subject to premium taxes. Contractual liability insurance policies shall be subject to premium taxes.