S.D. Admin. R. 20:06:13:47 - Insurance replaced by the same agent
If an agent replaces insurance originally placed by that agent, the insured shall be allowed to reinstate the replaced coverage if application is made within 30 days after the replaced policy lapses. The right to reinstate shall be made without evidence of insurability. The reinstated coverage may exclude payment for any injury or sickness starting after the policy lapsed and prior to reinstatement or for sickness starting within 10 days after reinstatement.
Notes
General Authority: SDCL 58-17A-2.
Law Implemented: SDCL 58-17A-2.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.