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South Dakota Codified Laws
Title 58
Chapter 58-19
S.D. Codified Laws ch. 58-19
Credit Life, Health, Unemployment and Group Property Insurance
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58-19-1
Purpose of chapter.
58-19-2
Definition of terms.
58-19-3
Life and health insurance connected with credit transactions subject to chapter--Exceptions.
58-19-4
Forms of credit life insurance and credit health insurance.
58-19-5
Existing insurance--Choice of insurer.
58-19-5.1
Credit insurance not to be required for lease.
58-19-6
Maximum amount of credit life insurance.
58-19-7
Agricultural credit transaction commitments--Amount of insurance.
58-19-8
Indemnity payable by credit health insurance--Maximum amount.
58-19-9
Term of insurance--Commencement.
58-19-10
Commencement of insurance when evidence of insurability required.
58-19-11
Duration of term of insurance--Extension--Renewal or refinancing.
58-19-12
Revision of premium schedule--Filing.
58-19-13
Premium rate not to exceed scheduled rate--Misdemeanor.
58-19-14
Amount charged debtor not to exceed premium charged by insurer--Misdemeanor.
58-19-15
Termination of insurance prior to maturity date--Refund of amount paid by debtor.
58-19-16
Creditor requiring debtor to pay for insurance--Notice to debtor--Credit to account.
58-19-17
Issuance of policies.
58-19-18
Individual policy or group certificate delivered to debtor.
58-19-19
Contents of individual policy or group certificate.
58-19-20
Time of delivery of individual policy or group certificate.
58-19-21
Application or notice delivered to debtor in lieu of policy or certificate.
58-19-22
Delivery to debtor of policy or certificate after acceptance of insurance.
58-19-23
Policy received by debtor on nonacceptance of risk by named insurer--Description of substitute insurance.
58-19-24
Forms--Filing with director.
58-19-25
Prior policies--Group certificate and notice of proposed insurance, filing and approval by director--Schedules of premium rates.
58-19-26
Disapproval of filed forms by director.
58-19-27
Use of disapproved forms unlawful--Reason stated in notice--Hearing on request--Use of forms pending approval.
58-19-28
Withdrawal of approval of form--Notice and hearing.
58-19-29
Use of forms unlawful after withdrawal.
58-19-30
Judicial review of order or final determination of director as to forms.
58-19-31
Claims--Reporting to insurer--Settlement.
58-19-32
Settlement or adjustment of claims by person other than insurer prohibited--Creditor not claim representative--Payment by group policyholder.
58-19-33
Manner of payment of claims.
58-19-34
Promulgation of rules by director--Purpose and scope.
58-19-35
Order for compliance issued by director--Notice and hearing.
58-19-36
Revocation or suspension of license or certificate for violation--Notice and hearing--Judicial review.
58-19-37
Civil forfeiture for violations of orders of director.
58-19-38
Citation of chapter.
58-19-39
Credit unemployment insurance sold in connection with loans subject to chapter.
58-19-40
Credit unemployment insurance not required by lender in consumer transactions.
58-19-41
Coverage of credit unemployment insurance to begin first day of unemployment.
58-19-42
Credit unemployment insurance separately sold and priced--Exception--Not to be required for credit card issuance or renewal.
58-19-43
Filing of credit unemployment insurance policies, certificates, notices, applications, endorsements, and riders, and premium rate schedules.
58-19-44
Disapproval by director if premium rates excessive or provisions unjust.
58-19-45
Test of reasonableness of benefits to premium charged--Prima facie evidence--Restriction on commissions.
58-19-46
Review of insurance company's actuarial data--Reimbursement of cost.
58-19-47
Group property insurance authorized by credit card subject to chapter.
58-19-48
Group property insurance to be sold and priced separately--Exceptions--Insurance not to be condition for issuance or renewal of credit card.
58-19-49
All group property insurance policies, certificates, and documentation to be filed with the director.
58-19-50
Disapproval of group property insurance by director--Grounds--Time limit.