South Dakota Statutes

§ 58-16-33 — Misstatement of age of insured--Equitable adjustments of premiums or benefits.

South Dakota·Title 58 INSURANCE·Ch. 58-13 GROUP LIFE INSURANCE POLICIES
A policy of group life insurance shall contain a provision specifying an equitable adjustment of premiums or of benefits or of both to be made in the event the age of a person insured has been misstated, such provision to contain a clear statement of the method of adjustment to be used.

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South Dakota § 58-16-33 (Misstatement of age of insured--Equitable adjustments of premiums or benefits.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 24, § 3 (5).

Nearby Sections

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