S.D. Admin. R. 20:06:13:60

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

Section 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.

S.D. Admin. R. 20:06:13:60

16 SDR 174, effective 5/2/1990; 18 SDR 225, effective 7/17/1992; 36 SDR 209, effective 7/1/2010.

General Authority: SDCL 58-17A-2.

Law Implemented: SDCL 58-17A-2.