<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000000 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.scb6b871b-4494-4c99-87ae-6142a7ff4a6f000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000003 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:23"><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000000">20:06:21:23</span></a><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000001">.  Disclosure of renewability.</span><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0"> Individual long-term care insurance policies shall contain a renewability provision. The provision must be captioned, must appear on the first page of the policy, and must clearly state </span><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">that the coverage is guaranteed renewable or noncancellable</span><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">.</span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6f000002"> </span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">    This section does not apply to policies under which the right to nonrenew is reserved solely to the policyholder and which do not contain a renewability provision. This paragraph applies to long-term care policies which are part of or combined with life insurance policies which do not contain renewability provisions.</span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6f000002"> </span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">    </span><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000001">Source:</span><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0"> 22 SDR 97, effective December 18, 1995; 44 SDR 184, effective June 25, 2018.</span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">    </span><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000001">General Authority:</span><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000003">58-17B-4</span></a><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">.</span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">    </span><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000001">Law Implemented:</span><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-10"><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0-000003">58-17B-10</span></a><span class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fC0">.</span></p><p dir="ltr" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6fP0"><span xml:space="preserve" class="scb6b871b-4494-4c99-87ae-6142a7ff4a6f000002"> </span></p></div></body></html>