Rule 20:06:21:28 Outline of coverage -- Standard format.
20:06:21:28. Outline of coverage -- Standard format. The
outline of coverage shall be a freestanding document, using no smaller than
ten-point type. Text that is capitalized or underscored in the standard format
outline or coverage may be emphasized by other means that provide prominence
equivalent to the capitalization or underscoring. Use of the text and sequence
of text of the standard format outline of coverage is mandatory, unless
otherwise specifically indicated. The outline of coverage shall contain no
material of an advertising nature. The standard format for an outline of
coverage complying with SDCL 58-17B-10 is as follows:
(1) Company name;
(2) Address - city and
(3) Telephone number;
the product as long-term care insurance;
(5) Outline of coverage;
(6) Policy number or group
master policy and certificate number.
Except for policies or certificates
which are guaranteed issue, a caution statement as set forth in Appendix A at
the end of this chapter, or language substantially similar, must appear in the
outline of coverage.
22 SDR 97, effective December 18, 1995; 28 SDR 157, effective May 19, 2002.
Authority: SDCL 58-17B-4.
Implemented: SDCL 58-17B-10.
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