<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal { 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.s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s1d289b71-d9c3-4597-9bac-a6c27f7b38de000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000002 { 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="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000000">20:06:21:06.04.  Cost-of-living adjustments -- Automatic increases -- Conspicuous offer of constant premium.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont"> An offer of inflation protection which provides for automatic benefit increases shall include an offer of a premium which the insurer expects to remain constant. The offer must disclose in a conspicuous manner that the premium may change in the future unless the premium is guaranteed to remain constant.</span></p><p dir="ltr" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38de000001"> </span></p><p dir="ltr" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000000">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont"> 22 SDR 97, effective </span><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">December 18, 1995.</span></p><p dir="ltr" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000000">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-13.1"><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000002">58-17B-13.1</span></a><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">.</span></p><p dir="ltr" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000000">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-13"><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont-000002">58-17B-13</span></a><span style="white-space: pre-wrap;" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deDefaultParagraphFont">.</span></p><p dir="ltr" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38deNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1d289b71-d9c3-4597-9bac-a6c27f7b38de000001"> </span></p></div></body></html>