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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-26-62: Tables used for accidental death benefits.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-26. VALUATION OF ASSETS, LIABILITIES AND RESERVES

The tables that shall be used for accidental death benefits in or supplementary to policies issued on or after January 1, 1966, are: the 1959 Accidental Death Benefits Table or any accidental death benefits table adopted after 1980 by the NAIC, that is approved by rules promulgated pursuant to chapter 1-26 by the director for use in determining the minimum standard of valuation for the policies; for policies issued on or after January 1, 1961, and prior to January 1, 1966, either table or, at the option of the company, the Inter-Company Double Indemnity Mortality Table; and for policies issued prior to January 1, 1961, the Inter-Company Double Indemnity Mortality Table. Either table shall be combined with a mortality table for calculating the reserves for life insurance policies.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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