South Dakota

58-15-1. Application of chapter.

58-15-2. "Industrial life insurance" defined.

58-15-3. Investment of trust funds in life insurance and annuities.

58-15-4. Standard provisions required in policy of life insurance, exceptions.

58-15-5. Standard provisions inapplicable to annuity contract or health or accident benefits.

58-15-6. Standard provisions inapplicable to single premium or term policies.

58-15-7. Description of policy in title.

58-15-8. Entire contract contained in policy and application--Statement of applicant not deemed a warranty.

58-15-8.1. Notice of right of cancellation after receipt of policy--"Free look" provision.

58-15-8.2. Issuance of policies by insurance company or fraternal benefit society--Delivery receipts--Certificates of mailing--Term of retention.

58-15-9. Effect of misstatement in policy regarding age.

58-15-10. Incontestability provision required--Exceptions.

58-15-11. Exclusions and restrictions unaffected by incontestability clause.

58-15-12. Payment of premiums provision.

58-15-13. Grace period in policy.

58-15-14. Automatic premium loan--Provision optional with insurer.

58-15-15. Insurance policy loan--Security--Maximum amount--Private placement policies.

58-15-15.1. 58-15-15.1, 58-15-15.2. Repealed by SL 1982, ch 358, §§ 11, 12

58-15-15.3. 58-15-15.3. Repealed by SL 1983, ch 13, § 14

58-15-15.4. Insurance policy loan--Definition of terms.

58-15-15.5. "Published monthly average" defined.

58-15-15.6. Insurance policy loan--Permitted interest rates.

58-15-15.7. Insurance policy loan--Allowable rate under adjustable maximum interest rate.

58-15-15.8. Insurance policy loan--Determination of interest under adjustable maximum interest rate.

58-15-15.9. Insurance policy loan--Notice of interest rate to policyholder.

58-15-15.10. Insurance policy loan--Loan value of policy.

58-15-15.11. Insurance policy loan--Provisions of statutes required in policies.

58-15-15.12. Insurance policy loan--Application of statutes on interest rates to prior contracts.

58-15-15.13. Private placement policy defined.

58-15-15.14. Premium defined.

58-15-16. Loans on policies issued prior to the adoption of standard policy provisions--Loan value--Deferment of application--Private placement policies.

58-15-17. Loans on policies under standard policy provisions--Loan value--Deferment of application--Private placement policies.

58-15-18. Loan value of policy--Indebtedness deducted.

58-15-19. Delinquent interest on policy loan exceeding amount of loan value--Termination of policy, notice.

58-15-20. Policy loan provisions inapplicable to term insurance or industrial life insurance policies.

58-15-21. Nonforfeiture of benefits--Cash surrender value--Provisions required in policies.

58-15-22. Reinstatement provisions required in policy.

58-15-23. Participating policies--Annual dividends, ascertainment, and apportionment.

58-15-24. Participating policies--Rights of policyholder to dividends.

58-15-25. Participating industrial life insurance policies--Annual participation of policy in divisible surplus.

58-15-26. Payment of claims for benefits--Private placement policies.

58-15-26.1. Insurers to pay interest on life insurance proceeds.

58-15-26.2. Computation of interest.

58-15-26.3. Interest not required where beneficiary elects to receive other than lump sum payment.

58-15-26.4. Notice to beneficiary of interest.

58-15-26.5. Application limited.

58-15-27. Beneficiary to be designated in industrial life policy--Change of beneficiary--Endorsement on policy.

58-15-28. Industrial life policy--Payment of benefits.

58-15-29. Installment payments--Table of guaranteed installments required.

58-15-30. Nonforfeiture benefits in policies issued prior to the adoption of standard nonforfeiture law.

58-15-31. Nonforfeiture benefits in policies issued under standard nonforfeiture law.

58-15-32. Nonforfeiture benefit provisions which may be omitted--Deferred payment of cash surrender value--Private placement policies.

58-15-33. Cash surrender value--Amount available under policy on default of premium--Paid-up policy.

58-15-34. Paid-up nonforfeiture benefits--Default in payment of premium.

58-15-35. Adjustment of premiums under nonforfeiture provisions.

58-15-36. Amount of insurance varying with duration of policy--Adjustment of premiums.

58-15-37. Adjusted premiums--Term insurance benefits provided by rider or supplemental policy.

58-15-38. Adjusted premiums and present values--Computation.

58-15-39. Default in payment of premium--Computation of cash surrender value and paid-up nonforfeiture benefit.

58-15-40. Additional accident benefits--Premiums disregarded in ascertaining cash surrender value.

58-15-41. Nonforfeiture benefit provision inapplicable to reinsurance, group insurance, annuity contracts, or term insurance.

58-15-42. Notice by company of election to comply with nonforfeiture benefit provisions--Filing with director.

58-15-43. Citation of standard nonforfeiture law for life insurance.

58-15-43.1. Adjusted premiums--Calculation on annual basis.

58-15-43.2. "Nonforfeiture net level premium" defined.

58-15-43.3. Initial calculation of changes in benefits or premiums--Recalculation after change.

58-15-43.4. Recalculated future adjusted premiums.

58-15-43.5. Additional expense allowance.

58-15-43.6. Recalculated nonforfeiture net level premium.

58-15-43.7. Substandard policy--Calculation of adjusted premiums and present value.

58-15-43.8. Adjusted premiums and present values--Calculation--Applicable procedures and tables.

58-15-43.9. Nonforfeiture interest rate.

58-15-43.10. Refiling of nonforfeiture values or methods of computation.

58-15-43.11. Notice of election to comply with revised nonforfeiture.

58-15-43.12. Insurance plans to conform to minimum standards of nonforfeiture laws.

58-15-43.13. Default in payment of premium--Amount of cash surrender value--Amount of nonforfeiture factor--Policies issued after January 1, 1986.

58-15-44. Dating back of application for insurance to reduce premium prohibited--Contract not invalidated.

58-15-45. Excluding or restricting coverage in case of death--Permissible exclusions.

58-15-46. Excluding or restricting coverage in case of death--Return of premiums, adjustment for indebtedness and dividend credits.

58-15-47. Prohibited policy provisions--Person soliciting insurance or annuity insurance producer of insured.

58-15-48. Prohibited policy provisions--Construction of contract according to laws of other state or country.

58-15-49. Prohibited policy provisions--Rights and obligations of insured under contract governed by law of other state.

58-15-50. Prohibited policy provisions--Depriving courts of jurisdiction of action against insurer.

58-15-51. Limitation of action on policy--Minimum time.

58-15-52. Prohibited policy provisions inapplicable to group life insurance, health insurance, reinsurance, annuities, and accident benefits under life insurance policy.

58-15-53. Use of prohibited policy provision which is more favorable to insured.

58-15-54. Prohibited policy provisions in industrial life insurance--Denial of liability because of other insurance.

58-15-55. Prohibited policy provisions in industrial life insurance--Right to declare policy void because of disease or ailment of insured.

58-15-56. Prohibited policy provisions in industrial life insurance--Right to declare policy void because insured rejected for insurance.

58-15-57. Annuity and endowment contracts--Standard provisions required, exceptions.

58-15-58. Standard provisions of annuity and endowment contracts inapplicable to deferred annuities under life insurance policies.

58-15-59. Annuities and endowments--Entire agreement contained in contract and application.

58-15-59.1. Right of annuitant or purchaser to cancel after receipt of contract--Effect of cancellation.

58-15-59.2. Issuance of policies by insurance company or fraternal benefit society--Delivery receipts--Certificates of mailing--Term of retention.

58-15-60. Effect of misstatement of age or sex in annuity or endowment contract.

58-15-61. Incontestability provision in annuity or endowment contract.

58-15-62. Grace period in annuity or endowment contract.

58-15-63. Participating annuity or endowment contract--Ascertainment and apportionment of divisible surplus.

58-15-64. Reinstatement provision required in annuity or endowment contract.

58-15-65. Reversionary annuity contract--Standard provisions.

58-15-66. Reinstatement provision required in reversionary annuity contract.

58-15-67. Reversionary annuity contract provisions inapplicable to group annuities or to annuities included in life insurance policies.

58-15-68. Incontestability provisions after reinstatement of life insurance policy or annuity contract.

58-15-69. Reinstated life insurance policy or annuity contract--Limitation of liability.

58-15-70. Policy settlements by life insurer.

58-15-71. Life insurance policy--Restrictions on issuing and delivering.

58-15-72. 58-15-72 to 58-15-81. Repealed by SL 2004, ch 299, § 1

58-15-82. Uniform life insurance and annuity request forms--Director to adopt by rule--Insurers to accept.

58-15-83. Plans excluded from application of §§ 58-15-83 to 58-15-93, inclusive.

58-15-84. Provisions required in annuity contracts.

58-15-85. Minimum values based on minimum nonforfeiture amounts--Minimum nonforfeiture amounts defined.

58-15-86. Present value of paid-up annuity benefit--Computation.

58-15-87. Cash surrender benefits--Calculation of minimum--Death benefit.

58-15-88. Contracts without cash surrender benefits--Contracts not providing death benefits prior to commencement of payments--Present value calculations.

58-15-89. Election to have payments commence at optional maturity date--Maturity date used for calculation of benefits.

58-15-90. Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.

58-15-91. Lapse of time and payments beyond cessation year allowed for calculations.

58-15-92. Annuity and life insurance benefits in excess of greater of cash surrender benefits or return of gross considerations with interest--Minimum nonforfeiture benefits--Additional benefits.

58-15-93. Election to apply provisions of §§ 58-15-83 to 58-15-93 to annuity contracts--Application of provisions after second anniversary.

58-15-94. Applicability of §§ 58-15-94 to 58-15-108.

58-15-95. Definition of terms regarding identification and location of beneficiaries.

58-15-96. Comparison of policies, annuity contracts, and retained asset accounts against DMF.

58-15-97. Semi-annual comparison of lapsed policies, annuity contracts, and retained asset accounts against updated DMF.

58-15-98. Procedures for DMF comparisons--Validation of match.

58-15-99. Exemption of insurer for financial hardship.

58-15-100. Requirements upon receipt of information establishing knowledge of death.

58-15-101. Beneficiary search.

58-15-102. Disclosure of information to assist in search.

58-15-103. Search fees and costs not chargeable to beneficiary.

58-15-104. Provision of claim forms or instructions to beneficiaries.

58-15-105. Request for information about beneficiaries.

58-15-106. Compliance documentation.

58-15-107. Promulgation of rules regarding identification and location of beneficiaries.

58-15-108. Compliance with unclaimed property act.