SDCL § 58-15-90: Contracts without cash surrender benefits or death benefits at least equal to minimum nonforfeiture amount--Statement in contract.
Where this section sits in the code
- TITLE 58. INSURANCE
- CHAPTER 58-15. LIFE INSURANCE AND ANNUITIES
A contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.
Collected 2026-09-03T15:18:57Z. Source file · JSON