S.D. Admin. R. 20:06:21:53

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:06:21:53 - Appropriateness of recommended purchase or replacement

In recommending the purchase or replacement of a long-term care insurance policy or certificate, an agent must make a reasonable effort to determine the appropriateness of a recommended purchase or replacement. The provisions of §§ 20:06:13:43.01 and 20:06:13:43.02 apply to this chapter.

S.D. Admin. R. 20:06:21:53

23 SDR 55, effective 10/20/1996.

General Authority: SDCL 58-17B-4.

Law Implemented: SDCL 58-17B-4, 58-17B-5.1.