S.D. Admin. R. 20:06:08:56
Current through Register Vol. 51, page 67, December 16, 2024
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
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.