Rule 20:06:13:25 Increased benefits after issue.
20:06:13:25. Increased benefits after issue. A rider
attached to a policy after issue which increases benefits with an increase in
premium shall be agreed to in writing and signed by the insured. This section
does not apply to increases in benefits required by law, increases to meet
changes in Medicare deductibles or copayments, or increases in benefits
requested by the insured in writing.
Source:
8 SDR 174, effective July 1, 1982; 12 SDR 151, 12 SDR 155, effective July 1,
1986.
General
Authority: SDCL 58-17A-2.
Law
Implemented: SDCL 58-17A-2.
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