Notwithstanding the requirements of subdivision 20:06:30:02(7), the assets supporting the reserves for the following classes of business and any classes of business which do not have a significant credit quality, reinvestment, or disintermediation risk may be held by the ceding company without segregation:

1. (1) Health insurance - Long term care/Long term disability;
2. (2) Traditional nonpar permanent;
3. (3) Traditional par permanent;
4. (4) Adjustable premium permanent;
5. (5) Indeterminate premium permanent; and
6. (6) Universal life fixed premium, no dump-in premiums allowed.

Source: 22 SDR 52, effective October 25, 1995.

General Authority: SDCL 58-14-17.

Law Implemented: SDCL 58-14-17.