58-19-10. Commencement of insurance when evidence of insurability required.
72 words·~1 min read·
/sd/title-58/chapter-58-19/58-19-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where evidence of insurability is required and such evidence is furnished more than thirty days after the date when the debtor becomes obligated to the creditor, the term of credit life insurance or credit health insurance may commence on the date on which the insurance company determines the evidence to be satisfactory, and in such event there shall be an appropriate refund or adjustment of any charge to the debtor for insurance.