South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:06 - INSURANCE
Chapter 20:06:21 - Long-term care insurance
Section 20:06:21:21 - Lapse or termination for payment through payroll or pension deduction plan
Universal Citation: SD Admin Rules 20:06:21:21
Current through Register Vol. 50, page 114, March 25, 2024
If the policyholder or certificateholder pays the premium for a long-term care insurance policy or certificate through a payroll or pension deduction plan, the requirements contained in § 20:06:21:20 need not be met until 60 days after the policyholder or certificateholder is no longer on such a payment plan. The application or enrollment form for the policies or certificates shall clearly indicate the payment plan selected by the applicant.
General Authority: SDCL 58-17B-4.
Law Implemented: SDCL 58-17B-5.
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