20:06:22:31Uniform age bands.

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

Rulemaking activity

Updates to the Division of Insurance's administrative rules in chapters 20:06:07, 20:06:12, 20:06:19, 20:06:22, 20:06:25, 20:06:26, 20:06:36, and 20:06:59.Effective

For rating purposes under § 20:06:22:27(3) uniform age bands are as follows: AGE PREMIUM RATIO AGE PREMIUM RATIO AGE PREMIUM RATIO 0-20 0.635 35 1.222 50 1.786 21 1.000 36 1.230 51 1.865 22 1.000 37 1.238 52 1.952 23 1.000 38 1.246 53 2.040 24 1.000 39 1.262 54 2.135 25 1.004 40 1.278 55 2.230 26 1.024 41 1.302 56 2.333 27 1.048 42 1.325 57 2.437 28 1.087 43 1.357 58 2.548 29 1.119 44 1.397 59 2.603 30 1.135 45 1.444 60 2.714 31 1.159 46 1.500 61 2.810 32 1.183 47 1.563 62 2.873 33 1.198 48 1.635 63 2.952 34 1.214 49 1.706 64 and older ARSD 20:06:46

Source: 39 SDR 203, effective June 10, 2013; 46 SDR 26, effective September 4, 2019.

General Authority

SDCL 58-17-4.2 ↗
SDCL 58-17-87 ↗
Amended by HB1001 (2021) — correct technical errors in statutory cross-references regarding insurance.
Amended by HB1012 (2020) — correct technical errors in statutory cross-references.
SDCL 58-18B-18 ↗
SDCL 58-18B-36 ↗

Law Implemented

SDCL 58-17-74.1 ↗
SDCL 58-17-87 ↗
Amended by HB1001 (2021) — correct technical errors in statutory cross-references regarding insurance.
Amended by HB1012 (2020) — correct technical errors in statutory cross-references.
SDCL 58-18B-18 ↗
SDCL 58-18B-36 ↗

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