SDCL § 58-15-15.10: Insurance policy loan--Loan value of policy.

The loan value of a policy shall be determined in accordance with § 58-15-16, but no policy may terminate in a policy year as the sole result of change in the interest rate during that policy year. The life insurer shall maintain coverage during that policy year until the time at which it would otherwise have terminated if there had been no change during that policy year.