Rule 20:06:13:60 Cancellation or nonrenewal of policies.
20:06:13:60. Cancellation
or nonrenewal of policies. Except as authorized by the director, an issuer
may not cancel or refuse to renew a Medicare supplement policy or certificate
for any reason other than nonpayment of premium or material misrepresentation.
Each Medicare supplement policy must be guaranteed renewable.
Source:
16 SDR 174, effective May 2, 1990; 18 SDR 225, effective July 17, 1992; 36 SDR
209, effective July 1, 2010.
General
Authority: SDCL 58-17A-2.
Law
Implemented: SDCL 58-17A-2.
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