CHAPTER 253

(HB 1043)

Life insurance exclusions modified.


         ENTITLED, An Act to  revise certain provisions regarding life insurance exclusions.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:

     Section  1.  That § 58-15-52 be amended to read as follows:

     58-15-52.   Sections The provisions of § §  58-15-45 to 58-15-51, inclusive, shall do not apply to group life insurance, health insurance, reinsurance, or annuities , or to any provision in a life insurance policy or contract supplemental thereto relating to health benefits or to additional benefits in the event of death by accidental means . The provisions of § §  58-15-46 to 58-15-51, inclusive, do not apply to group life or to any provision in a life insurance policy or contract supplemental thereto relating to health benefits or to additional benefits in the event of death by accidental means. However, the provisions of §  58-15-45 apply to group life insurance and to any provision in a life insurance policy or contract supplemental thereto relating to health benefits or to additional benefits in the event of death by accidental means.

     Signed February 14, 2006
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