S.D. Admin. R. 20:06:13:45

Current through Register Vol. 51, page 51, October 21, 2024

Section 20:06:13:45 - Refund in replacement situations

An insurer issuing a Medicare supplement policy replacing a Medicare supplement policy shall allow for a full refund of premium if the refund is requested within 30 days after the insured receives the policy.

S.D. Admin. R. 20:06:13:45

8 SDR 174, effective 7/1/1982; 12 SDR 151, 12 SDR 155, effective 7/1/1986; 39 SDR 219, effective 6/26/2013.

General Authority: SDCL 58-17A-2.

Law Implemented: SDCL 58-17A-2.