South Dakota Statutes

§ 58-17-50 — Life insurance, endowment or annuity contracts not subject to health insurance provisions.

South Dakota·Title 58 INSURANCE·Ch. 58-13 HEALTH INSURANCE POLICIES

Nothing in §§ 58-17-1 to 58-17-47 , inclusive, shall apply to or affect life insurance, endowment, or annuity contracts, or contracts supplemental thereto which contain only such provisions relating to health insurance as:

(1)Provide additional benefits in case of dismemberment or loss of sight, or of death by accident or accidental means, or as (2) Operate to safeguard such contracts against lapse, or to give a special surrender value or special benefit or an annuity in the event that the insured or annuitant becomes totally and permanently disabled, as defined by the contract or supplemental contract.

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South Dakota § 58-17-50 (Life insurance, endowment or annuity contracts not subject to health insurance provisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 111, ch 25, § 1 (3).

Nearby Sections

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