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20:06:06:03.04Determination of premiums by age.

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

If premiums are to be determined according to the age of the insured debtor or by age brackets, an insurer may determine premium rates on a basis actuarially consistent with the rates set forth in § 20:06:06:03, but the rates shall be filed with and approved by the director.

Source: 5 SDR 91, effective April 25, 1979; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority

Law Implemented