South Dakota Statutes
§ 58-15-11 — Exclusions and restrictions unaffected by incontestability clause.
A clause in any policy of life insurance providing that such policy shall be incontestable after a specified period shall preclude only a contest of the validity of the policy, and shall not preclude the assertion at any time of defenses based upon provisions in the policy which exclude or restrict coverage, whether or not such restrictions or exclusions are excepted in such clause.
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South Dakota § 58-15-11 (Exclusions and restrictions unaffected by incontestability clause.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
De Smet Farm Mutual Insurance Co. of South Dakota v. Busskohl
2013 SD 52 (South Dakota Supreme Court, 2013)
Legislative History
SL 1966, ch 111, ch 23, § 17.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.