South Dakota Statutes

§ 58-9-2 — Life insurance defined.

South Dakota·Title 58 INSURANCE·Ch. 58-9 KINDS OF INSURANCE
"Life insurance" is insurance on human lives. Life insurance includes also the granting of endowment benefits, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance. Life insurance does not include workers' compensation coverages.

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Legislative History

SL 1966, ch 111, ch 4, § 2.

Nearby Sections

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