South Dakota Codified Laws
Chapter 16 - Group Life Insurance Policies
Section 58-16-32 - Copy of application attached to policy--Statements of insured not warranties--Statement by insured, use in contest.

58-16-32. Copy of application attached to policy--Statements of insured not warranties--Statement by insured, use in contest.
A policy of group life insurance shall contain a provision that a copy of the application, if any, of the policyholder shall be attached to the policy when issued, that all statements made by the policyholder or by the persons insured shall be deemed representations and not warranties, and that no statement made by any person insured shall be used in any contest unless a copy of the instrument containing the statement is or has been furnished to such person or to his beneficiary.

Source: SL 1966, ch 111, ch 24, §3 (3).

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 58 - Insurance

Chapter 16 - Group Life Insurance Policies

Section 58-16-1 - Forms of group life insurance permitted.

Section 58-16-2 - Employee group insurance permitted--Beneficiaries.

Section 58-16-3 - Employees eligible for group insurance.

Section 58-16-3.1 - Group life insurance authorized for groups to which group health insurance may be issued.

Section 58-16-4 - Supplemental life coverage.

Section 58-16-6 - Employee group insurance--Payment of premium.

Section 58-16-7 - Labor union group insurance permitted.

Section 58-16-8 - Labor union groups--Members of union eligible.

Section 58-16-9 - Labor union groups--Amounts based upon plan precluding individual selection.

Section 58-16-10 - Labor union groups--Minimum number of members required.

Section 58-16-11 - Labor union group--Payment of premium.

Section 58-16-12 - Industry fund groups--Insurance of employees or members of unions.

Section 58-16-12.1 - Classes of industry permitted to form groups.

Section 58-16-13 - Industry fund groups--Issuance to commercial correspondent prohibited, exception.

Section 58-16-14 - Industry fund groups--Persons eligible for insurance.

Section 58-16-16 - Industry fund groups--Minimum number of persons required to be insured.

Section 58-16-17 - Industry fund groups--Payment of premium.

Section 58-16-18 - Insurance of employees or members of group against death of dependents.

Section 58-16-19 - Payment of premium on extended group coverage.

Section 58-16-20 - Amount of insurance on dependents based upon plan precluding individual selection.

Section 58-16-21 - Termination of group life policy extended to dependents--Issuance of individual policy to spouse, application and payment of premium.

Section 58-16-22 - Group life policy extended to dependents--One certificate issued to insured person.

Section 58-16-23 - Issuance of group life policy to creditor--Purpose.

Section 58-16-24 - Debtors eligible for insurance under group life policy--Policy may define "debtor".

Section 58-16-25 - Number of insureds required for group coverage of debtors--Evidence of insurability--Age exclusions.

Section 58-16-26 - Payment of premium for group coverage of debtors.

Section 58-16-27 - Amount of insurance on life of debtor limited.

Section 58-16-28 - Maximum amount repayable in installments to creditor--Duration of insurance--Limited to amount of unpaid indebtedness.

Section 58-16-29 - Payment to policyholder as reduction of indebtedness.

Section 58-16-30 - Association groups--Insurance of members--Minimum number of members required.

Section 58-16-31 - Standard provisions required for group life insurance policies, exceptions.

Section 58-16-32 - Copy of application attached to policy--Statements of insured not warranties--Statement by insured, use in contest.

Section 58-16-33 - Misstatement of age of insured--Equitable adjustments of premiums or benefits.

Section 58-16-34 - Evidence of individual insurability--Right of insurer to require.

Section 58-16-35 - Incontestability provision required--Exceptions.

Section 58-16-36 - Grace period required.

Section 58-16-37 - Required statement of benefits furnished to insured debtors.

Section 58-16-38 - Certificate to be delivered to insured.

Section 58-16-38.1 - Assignment of policy not prohibited--Rights vested in assignee.

Section 58-16-39 - Termination of employment or membership causing policy to cease--Issuance of individual policy to person entitled thereto, application and payment of premium.

Section 58-16-40 - Termination of group policy--Issuance of individual policy to insured person, amount of policy.

Section 58-16-41 - Effect of death of person insured under group policy during period in which entitled to individual policy.

Section 58-16-42 - Payment of death benefit--Designated beneficiary--Person incurring expenses incident to last illness or death.

Section 58-16-43 - Chapter inapplicable to prior policies.

Section 58-16-44 - Insurers to pay interest on life insurance proceeds.

Section 58-16-45 - Computation of interest.

Section 58-16-46 - Interest not required where beneficiary elects to receive other than lump sum payment.

Section 58-16-47 - Notice to beneficiary of interest.

Section 58-16-48 - Application limited.

Section 58-16-49 - Carrier and group-type basis defined.

Section 58-16-50 - Application of §§ 58-16-49 to 58-16-54.

Section 58-16-51 - Discontinuance of group life insurance policies.

Section 58-16-52 - Notice of discontinuance.

Section 58-16-53 - Extension of benefits at discontinuance in the event of total disability.

Section 58-16-54 - Responsibilities of prior carrier and succeeding carrier upon discontinuance.