STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Chapter 16 - Group Life Insurance Policies

• Section 58-16-1 - Forms of group life insurance permitted.
• Section 58-16-2 - Employee group insurance permitted--Beneficiaries.
• Section 58-16-3 - Employees eligible for group insurance.
• Section 58-16-3.1 - Group life insurance authorized for groups to which group health insurance may beissued.
• Section 58-16-4 - Supplemental life coverage.
• Section 58-16-5 - Repealed.
• Section 58-16-6 - Employee group insurance--Payment of premium.
• Section 58-16-7 - Labor union group insurance permitted.
• Section 58-16-8 - Labor union groups--Members of union eligible.
• Section 58-16-9 - Labor union groups--Amounts based upon plan precluding individual selection.
• Section 58-16-10 - Labor union groups--Minimum number of members required.
• Section 58-16-11 - Labor union group--Payment of premium.
• Section 58-16-12 - Industry fund groups--Insurance of employees or members of unions.
• Section 58-16-12.1 - Classes of industry permitted to form groups.
• Section 58-16-13 - Industry fund groups--Issuance to commercial correspondent prohibited, exception.
• Section 58-16-14 - Industry fund groups--Persons eligible for insurance.
• Section 58-16-15 - Repealed.
• Section 58-16-16 - Industry fund groups--Minimum number of persons required to be insured.
• Section 58-16-17 - Industry fund groups--Payment of premium.
• Section 58-16-18 - Insurance of employees or members of group against death of dependents.
• Section 58-16-19 - Payment of premium on extended group coverage.
• Section 58-16-20 - Amount of insurance on dependents based upon plan precluding individual selection.
• Section 58-16-21 - Termination of group life policy extended to dependents--Issuance of individualpolicy to spouse, application and payment of premium.
• Section 58-16-22 - Group life policy extended to dependents--One certificate issued to insured person.
• Section 58-16-23 - Issuance of group life policy to creditor--Purpose.
• Section 58-16-24 - Debtors eligible for insurance under group life policy--Policy may define "debtor".
• Section 58-16-25 - Number of insureds required for group coverage of debtors--Evidence of insurability--Age exclusions.
• Section 58-16-26 - Payment of premium for group coverage of debtors.
• Section 58-16-27 - Amount of insurance on life of debtor limited.
• Section 58-16-28 - Maximum amount repayable in installments to creditor--Duration of insurance--Limited to amount of unpaid indebtedness.
• Section 58-16-29 - Payment to policyholder as reduction of indebtedness.
• Section 58-16-30 - Association groups--Insurance of members--Minimum number of members required.
• Section 58-16-31 - Standard provisions required for group life insurance policies, exceptions.
• Section 58-16-32 - Copy of application attached to policy--Statements of insured not warranties--Statement by insured, use in contest.
• Section 58-16-33 - Misstatement of age of insured--Equitable adjustments of premiums or benefits.
• Section 58-16-34 - Evidence of individual insurability--Right of insurer to require.
• Section 58-16-35 - Incontestability provision required--Exceptions.
• Section 58-16-36 - Grace period required.
• Section 58-16-37 - Required statement of benefits furnished to insured debtors.
• Section 58-16-38 - Certificate to be delivered to insured.
• Section 58-16-38.1 - Assignment of policy not prohibited--Rights vested in assignee.
• Section 58-16-39 - Termination of employment or membership causing policy to cease--Issuance ofindividual policy to person entitled thereto, application and payment of premium.
• Section 58-16-40 - Termination of group policy--Issuance of individual policy to insured person, amountof policy.
• Section 58-16-41 - Effect of death of person insured under group policy during period in which entitledto individual policy.
• Section 58-16-42 - Payment of death benefit--Designated beneficiary--Person incurring expensesincident to last illness or death.
• Section 58-16-43 - Chapter inapplicable to prior policies.
• Section 58-16-44 - Insurers to pay interest on life insurance proceeds.
• Section 58-16-45 - Computation of interest.
• Section 58-16-46 - Interest not required where beneficiary elects to receive other than lump sumpayment.
• Section 58-16-47 - Notice to beneficiary of interest.
• Section 58-16-48 - Application limited.
• Section 58-16-49 - Carrier and group-type basis defined.
• Section 58-16-50 - Application of §§ 58-16-49 to 58-16-54.
• Section 58-16-51 - Discontinuance of group life insurance policies.
• Section 58-16-52 - Notice of discontinuance.
• Section 58-16-53 - Extension of benefits at discontinuance in the event of total disability.