§ 58-33A-4 — Certain material and communication not deemed to be advertisement.

South Dakota § 58-33A-4

• Jurisdiction: South Dakota
• Title 58: INSURANCE
• Ch. 58-32: STANDARDS FOR ADVERTISEMENT, SOLICITATION, AND SALE OF LIFE AND HEALTH INSURANCE

Text

For the purposes of this chapter, the term, advertisement, does not include: (1) Any material to be used solely for the training and education of an insurer's employees, representatives, or insurance producers; (2) Any material used in - house by insurers; (3) Any communications within an insurer's own organization not intended for dissemination to the public; (4) Any individual communications of a personal nature with current policyholders other than material urging such policyholders to increase or expand coverages; (5) Any correspondence between a prospective group or blanket policyholder and an insurer in the course of negotiating a group or blanket contract; (6) Any court - approved material ordered by a court to be disseminated to policyholders; or (7) Any general announcement from a group or blanket policyholder to eligible individuals on an employment or membership list that a contract or program has been written or arranged if the announcement clearly indicates that it is preliminary to the issuance of a booklet and the announcement does not describe the benefits under the contract or program or describe advantages as to the purchase of the contract or program.

Legislative History

SL 1999, ch 240, § 4; SL 2000, ch 251, § 5; SL 2001, ch 286, § 213.