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South Dakota Laws > Title 58 > Chapter 16 - Group Life Insurance Policies

South Dakota Laws > Title 58 > Chapter 16 - Group Life Insurance Policies


Current as of: 2010
§ 58-16-1Forms of group life insurance permitted
§ 58-16-2Employee group insurance permitted--Beneficiaries
§ 58-16-3Employees eligible for group insurance
§ 58-16-3.1Group life insurance authorized for groups to which group health insurance may be issued
§ 58-16-4Supplemental life coverage
§ 58-16-6Employee group insurance--Payment of premium
§ 58-16-7Labor union group insurance permitted
§ 58-16-8Labor union groups--Members of union eligible
§ 58-16-9Labor union groups--Amounts based upon plan precluding individual selection
§ 58-16-10Labor union groups--Minimum number of members required
§ 58-16-11Labor union group--Payment of premium
§ 58-16-12Industry fund groups--Insurance of employees or members of unions
§ 58-16-12.1Classes of industry permitted to form groups
§ 58-16-13Industry fund groups--Issuance to commercial correspondent prohibited, exception
§ 58-16-14Industry fund groups--Persons eligible for insurance
§ 58-16-16Industry fund groups--Minimum number of persons required to be insured
§ 58-16-17Industry fund groups--Payment of premium
§ 58-16-18Insurance of employees or members of group against death of dependents
§ 58-16-19Payment of premium on extended group coverage
§ 58-16-20Amount of insurance on dependents based upon plan precluding individual selection
§ 58-16-21Termination of group life policy extended to dependents--Issuance of individual policy to spouse, application and payment of premium
§ 58-16-22Group life policy extended to dependents--One certificate issued to insured person
§ 58-16-23Issuance of group life policy to creditor--Purpose
§ 58-16-24Debtors eligible for insurance under group life policy--Policy may define "debtor"
§ 58-16-25Number of insureds required for group coverage of debtors--Evidence of insurability--Age exclusions
§ 58-16-26Payment of premium for group coverage of debtors
§ 58-16-27Amount of insurance on life of debtor limited
§ 58-16-28Maximum amount repayable in installments to creditor--Duration of insurance--Limited to amount of unpaid indebtedness
§ 58-16-29Payment to policyholder as reduction of indebtedness
§ 58-16-30Association groups--Insurance of members--Minimum number of members required
§ 58-16-31Standard provisions required for group life insurance policies, exceptions
§ 58-16-32Copy of application attached to policy--Statements of insured not warranties--Statement by insured, use in contest
§ 58-16-33Misstatement of age of insured--Equitable adjustments of premiums or benefits
§ 58-16-34Evidence of individual insurability--Right of insurer to require
§ 58-16-35Incontestability provision required--Exceptions
§ 58-16-36Grace period required
§ 58-16-37Required statement of benefits furnished to insured debtors
§ 58-16-38Certificate to be delivered to insured
§ 58-16-38.1Assignment of policy not prohibited--Rights vested in assignee
§ 58-16-39Termination of employment or membership causing policy to cease--Issuance of individual policy to person entitled thereto, application and payment of premium
§ 58-16-40Termination of group policy--Issuance of individual policy to insured person, amount of policy
§ 58-16-41Effect of death of person insured under group policy during period in which entitled to individual policy
§ 58-16-42Payment of death benefit--Designated beneficiary--Person incurring expenses incident to last illness or death
§ 58-16-43Chapter inapplicable to prior policies
§ 58-16-44Insurers to pay interest on life insurance proceeds
§ 58-16-45Computation of interest
§ 58-16-46Interest not required where beneficiary elects to receive other than lump sum payment
§ 58-16-47Notice to beneficiary of interest
§ 58-16-48Application limited
§ 58-16-49Carrier and group-type basis defined
§ 58-16-50Application of ยงยง 58-16-49 to 58-16-54
§ 58-16-51Discontinuance of group life insurance policies
§ 58-16-52Notice of discontinuance
§ 58-16-53Extension of benefits at discontinuance in the event of total disability
§ 58-16-54Responsibilities of prior carrier and succeeding carrier upon discontinuance

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South Dakota Laws: Life Insurance

South Dakota Laws > Title 58 > Chapter 15 - Life Insurance And Annuities
South Dakota Laws > Title 58 > Chapter 16 - Group Life Insurance Policies
South Dakota Laws > Title 58 > Chapter 28 - Separate Life Insurance And Annuity Accounts
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