South Dakota § 58-33-122 Life insurance solicitation practices on military installation considered false, misleading, deceptive, or unfair.

South Dakota Statutes

§ 58-33-122 — Life insurance solicitation practices on military installation considered false, misleading, deceptive, or unfair.

South Dakota·Title 58 INSURANCE·Ch. 58-32 UNFAIR TRADE PRACTICES

The following acts or practices, if committed on a military installation by an insurer or insurance producer with respect to the in-person, face-to-face solicitation of life insurance, are declared to be false, misleading, deceptive, or unfair:

(1)Knowingly soliciting the purchase of any life insurance product door to door or without first establishing a specific appointment for each meeting with the prospective purchaser;

(2)Soliciting service members in a group or mass audience or in a captive audience where attendance is not voluntary;

(3)Knowingly making appointments with or soliciting service members during their normally scheduled duty hours;

(4)Making appointments with or soliciting service members in barracks, day rooms, unit areas, or transient personnel housing or

Free access — add to your briefcase to read the full text and ask questions with AI

The following acts or practices, if committed on a military installation by an insurer or insurance producer with respect to the in-person, face-to-face solicitation of life insurance, are declared to be false, misleading, deceptive, or unfair: (1) Knowingly soliciting the purchase of any life insurance product door to door or without first establishing a specific appointment for each meeting with the prospective purchaser; (2) Soliciting service members in a group or mass audience or in a captive audience where attendance is not voluntary; (3) Knowingly making appointments with or soliciting service members during their normally scheduled duty hours; (4) Making appointments with or soliciting service members in barracks, day rooms, unit areas, or transient personnel housing or other areas where the installation commander has prohibited solicitation; (5) Soliciting the sale of life insurance without first obtaining permission from the installation commander or the commander's designee; (6) Posting unauthorized bulletins, notices, or advertisements; (7) Failing to present DD Form 2885, Personal Commercial Solicitation Evaluation as of January 1, 2008, to service members solicited or encouraging service members solicited not to complete or submit the form; or (8) Knowingly accepting an application for life insurance or issuing a policy of life insurance on the life of an enlisted member of the armed forces of the United States without first obtaining for the insurer's files a completed copy of any required form which confirms that the applicant has received counseling or fulfilled any other similar requirement for the sale of life insurance established by regulations, directives, or rules of the Department of Defense or any branch of the armed forces of the United States.

South Dakota § 58-33-122 (Life insurance solicitation practices on military installation considered false, misleading, deceptive, or unfair.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.