58-15-37. Adjusted premiums--Term insurance benefits provided by rider or supplemental policy.
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/sd/title-58/chapter-58-15/58-15-37·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The adjusted premiums for any policy providing term insurance benefits by rider or supplemental policy provision shall be equal to:
(1)The adjusted premiums for an otherwise similar policy issued at the same age without such term insurance benefits, increased during the period for which premiums for such term insurance benefits are payable, by
(2)The adjusted premiums for such term insurance,