Is Life Insurance Considered Community Property In Hawaii? 
There are ten community property states in the U.S. , however , Hawaii is not one of them . A life insurance policy acquired while residing in a community property state may or may not be considered community property depending on the specific circumstances of when the policy was first acquired , how the owner and beneficiary -LRB- ies -RRB- have been designated , how premiums have been funded , etc. . 