20:06:21:06.04Cost-of-living adjustments -- Automatic increases -- Conspicuous offer of constant premium.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
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.
Source: 22 SDR 97, effective December 18, 1995.