S.D. Admin. R. 20:06:08:56

Current through Register Vol. 50, page 159, June 17, 2024
Section 20:06:08:56 - Signed statement requirements

Each insurer shall require with or as a part of each application for life insurance or an annuity a signed statement by both the applicant and the producer as to whether the applicant has existing policies or contracts. Each insurer shall require a completed notice regarding replacements as contained in Appendix D with each application for life insurance or an annuity that indicates an existing policy or contract.

S.D. Admin. R. 20:06:08:56

39 SDR 55, effective 10/4/2012.

General Authority: SDCL 58-33A-7(10).

Law Implemented: SDCL 58-33-5, 58-33-6, 58-33-7, 58-33A-1, 58-33A-2.