S.D. Codified Laws § 58-30-215.2

Current through the 2024 Legislative Session
Section 58-30-215.2 - Travel insurance rates and policy forms-Eligibility, underwriting, distribution, and marketing

Notwithstanding any other provision of this title, travel insurance must be classified and filed for purposes of rates and forms under an inland marine line of insurance, provided that travel insurance coverages for sickness, accident, disability or death occurring during travel, either exclusively, or in conjunction with related coverages of emergency evacuation or repatriation of remains, or incidental limited property and casualty benefits such as baggage or trip cancellation, may be filed under either an accident and health line of insurance or an inland marine line of insurance.

Eligibility and underwriting standards for travel insurance may be developed and provided based on travel protection plans designed for individual or identified marketing or distribution channels, if those standards also meet the state's underwriting standards for inland marine.

SDCL 58-30-215.2

SL 2022, ch 185, §8.
Added by S.L. 2022, ch. 185,s. 8, eff. 7/1/2022.