All claims shall be promptly reported to the insurer or its designated claim representative, and the insurer shall maintain adequate claim files. All claims shall be settled as soon as possible and in accordance with the terms of the insurance contract.

Terms Used In South Dakota Codified Laws 58-19-31

  • Contract: A legal written agreement that becomes binding when signed.

Source: SL 1966, ch 111, ch 27, § 10 (1).