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South Dakota Laws > Title 58 > Chapter 15 - Life Insurance And Annuities

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§ 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
§ 58-15-15.4	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
§ 58-15-16	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 per annum
§ 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
§ 58-15-82	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

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South Dakota Laws: Life Insurance

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