<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.s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000001 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s7b13f34b-7fff-4f19-b6f7-36effeceee66000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    </span><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000000">20:06:21:53.02.  Suitability - Long-term care insurance personal worksheet.</span><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont"> The issuer, and when an agent is involved, the agent, shall make reasonable efforts to obtain the information set out in § </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:53.01"><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000001">20:06:21:53.01</span></a><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">. The efforts must include presentation to the applicant, at or prior to application, the "Long-Term Care Insurance Personal Worksheet." The personal worksheet used by the issuer must contain, at a minimum, the information in the format contained in Appendix E, in not less than 12 point type. The issuer may request the applicant to provide additional information to comply with its suitability standards. A copy of the issuer's personal worksheet shall be filed with the director.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66000002"> </span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    A completed personal worksheet shall be returned to the issuer prior to the issuer's consideration of the applicant for coverage, except the personal worksheet need not be returned for sales of employer group long-term care insurance to employees and their spouses. The sale or dissemination outside the company or agency by the issuer or agent of information obtained through the personal worksheet in Appendix E is prohibited.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66000002"> </span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    The issuer shall use the suitability standards it has developed pursuant to § </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:53.01"><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000001">20:06:21:53.01</span></a><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont"> in determining whether issuing long-term care insurance coverage to an applicant is appropriate. Agents shall use the suitability standards developed by the issuer in marketing long-term care insurance. At the same time as the personal worksheet is provided to the applicant, the disclosure form entitled "Things You Should Know Before You Buy Long-Term Care Insurance" shall be provided. The form must be in the format contained in Appendix F in not less than 12 point type.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66000002"> </span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    </span><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont"> 28 SDR 157, effective </span><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">May 19, 2002.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    </span><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000001">58-17B-4</span></a><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">    </span><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont-000001">58-17B-4</span></a><span class="s7b13f34b-7fff-4f19-b6f7-36effeceee66DefaultParagraphFont">.</span></p><p dir="ltr" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66Normal"><span xml:space="preserve" class="s7b13f34b-7fff-4f19-b6f7-36effeceee66000002"> </span></p></div></body></html>