S.D. Admin. R. 20:06:18:08

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:18:08 - Approved course subject matter

The director will approve the following insurance related course subject matter for continuing education credit:

(1) Actuarial mathematics, statistics and probability;

(2) Assigned risk;

(3) Claims adjusting;

(4) Courses leading to and maintaining insurance designations;

(5) Employee benefit plans;

(6) Errors and omissions;

(7) Estate planning or taxation;

(8) Ethics;

(9) Fundamentals or principles of annuity contracts, crop and hail, life, accident and health, or property and casualty insurance;

(10) Insurance accounting or actuarial considerations;

(11) Insurance contract or policy comparison and analysis;

(12) Insurance fraud;

(13) Insurance laws, rules, regulations and regulatory updates;

(14) Insurance policy provisions;

(15) Insurance product-specific knowledge;

(16) Insurance rating, underwriting, or claims;

(17) Insurance tax laws;

(18) Legal principles;

(19) Long-term care/partnership;

(20) Loss prevention, control and mitigation;

(21) Managed care;

(22) Principles of risk management;

(23) Proper uses of insurance products;

(24) Real Estate Settlement Procedures Act (RESPA);

(25) Restoration courses regarding claims, loss control issues and mitigation;

(26) Retirement planning;

(27) Securities;

(28) Suitability in insurance products;

(29) Surety bail bond;

(30) Underwriting principles; and

(31) Viatical or life settlements.

The director may approve other topics that contribute substantive knowledge relating to the field of insurance and expands competence of the licensee.

A licensee who studies independently for any part of the courses listed in this section shall receive credit whether or not a passing grade is received. If the course is failed, credits for that part of the course may not again be awarded until the licensee receives a passing score.

S.D. Admin. R. 20:06:18:08

12 SDR 106, effective 12/30/1985; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 15 SDR 143, effective 3/29/1989; 19 SDR 160, effective 4/27/1993; 25 SDR 13, effective 8/9/1998; 31 SDR 67, effective 11/14/2004; 32 SDR 128, effective 1/29/2006; 46 SDR 065, effective 11/25/2019

General Authority: SDCL 58-30-117.

Law Implemented: SDCL 58-30-117, 58-30-118.