S.D. Admin. R. 20:06:10:27
The life insurance policy summary must be a separate document and all information required to be disclosed must be set out in such a manner that no portion is minimized or made obscure. Any amounts which remain level for two or more years of the policy may be represented by a single number if it is clearly indicated which amounts are applicable for each policy year. If more than one insured is covered under one policy or rider, guaranteed death benefits must be displayed separately for each insured or for each class of insureds if death benefits do not differ within the class. Zero amounts must be displayed as zero and may not be displayed as a blank space.
S.D. Admin. R. 20:06:10:27
General Authority: SDCL 58-33A-7.
Law Implemented: SDCL 58-33-5, 58-33-6.