Rule 20:06:13:86.03 Exchanging of standardized plan -- Preexisting conditions and incontestability period.
20:06:13:86.03. Exchanging of standardized plan -- Preexisting
conditions and incontestability period. An issuer may not apply new
pre-existing condition limitations or a new incontestability period to the new
policy for those benefits contained in the exchanged 1990 standardized policy
or certificate of the insured. Pre-existing condition limitations may be
applied of no more than six months to any added benefits contained in the new
2010 standardized policy or certificate not contained in the exchanged policy.
35 SDR 183, effective February 2, 2009.
Authority: SDCL 58-17A-2.
Implemented: SDCL 58-17A-2.
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