58-33-12. Unfair discrimination as misdemeanor--Life insurance and annuities.

No person shall make or permit any unfair discrimination between individuals of the same class and equal expectation of life in the rates charged for any contract of life insurance or of life annuity or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of such contract. Violation of this section is a Class 2 misdemeanor.

Source: SL 1966, ch 111, ch 13, § 12 (1); SL 1978, ch 359, § 2.

58-33-12.1. Blindness as basis for life insurance termination, modification or refusal--Unfair practice.

It is an unfair or discriminatory practice for an insurance company to terminate, or to modify coverage or to refuse to issue or refuse to renew any life policy or contract of life insurance solely because the applicant or insured or any employee of either is blind or partially blind. This section does not apply to accident and health insurance. This section may not be interpreted to prohibit the termination, modification, issuance, or renewal of any insurance policy or contract if the action is based on sound actuarial principles or is related to actual or reasonable anticipated experience.

Source: SL 1983, ch 373.