State statute · South Dakota

Insurable Interest; Form and Contents of Insurance Policies; Life and Health Policy Language Simplification; Insurance Claims and Benefits (SDCL 58-10 to 58-12)

South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12

Publisher: sdlegislature.gov
Edition: South Dakota Codified Laws
Last checked: 2026-09-02
Status: SD statutes, public domain

Edition and licensing notes

Edition. South Dakota Codified Laws (SDLRC official posting), statutes effective August 31, 2026

Status. SD statutes, public domain (state government edict).

Read the official text Practice questions from this source

What this document is

South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12 - Insurable Interest; Form and Contents of Insurance Policies; Life and Health Policy Language Simplification; Insurance Claims and Benefits (SDCL 58-10 to 58-12) is a state statute published by sdlegislature.gov. It is one of the South Dakota documents that insurance license exam questions are written from, including south dakota life & health, south dakota property & casualty, south dakota personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

S.D. Codified Laws tit. 58 § 58-11-40 (Application as Evidence, Copy Made Part of Policy)
“No application for the issuance of any life or health insurance policy or annuity contract shall be admissible in evidence in any action relative to such policy or contract, unless a true copy of the application was attached to or otherwise made a part of the policy or contract when issued. This...”
S.D. Codified Laws tit. 58 § 58-11-44 (Statements by Insured Deemed Representations)
“All statements and descriptions in any application for an insurance policy, certificate, or annuity contract, by or on behalf of the insured or annuitant, shall be deemed to be representations and not warranties.”
S.D. Codified Laws tit. 58 § 58-11-36 (Assignment of Policies)
“Subject to its terms relating to assignability, any life or health policy, whether heretofore or hereafter issued, under the terms of which the beneficiary may be changed upon the sole request of the insured or owner, may be assigned either by pledge or transfer of title, by an assignment executed...”
S.D. Codified Laws tit. 58 § 58-10-3 (Procurement of Insurance on Own Life for Benefit of Another)
“Any individual of competent legal capacity may procure or effect an insurance contract upon his own life or body for the benefit of any person. But no person shall procure or cause to be procured any insurance contract upon the life or body of another individual unless the benefits under such...”
S.D. Codified Laws tit. 58 § 58-11-44.1 (Unanswered Questions No Basis for Denial)
“Questions on an application for a life or health insurance policy or annuity contract which are not answered shall not serve as a basis for denying recovery pursuant to subdivisions 58-11-44(1) to (3), inclusive, unless the insurer challenges the same and demands an answer within ninety days from...”
S.D. Codified Laws § 58-10-6 (Consent of insured required for life or health insurance on an individual), in South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12
“No life or health insurance contract upon an individual, except a contract of group life insurance or of group or blanket health insurance, shall be made or become effective unless at the time of the making of the contract such individual applies therefor or has consented thereto in writing, except...”
S.D. Codified Laws § 58-11-41 (Application for reinstatement or renewal of life or health insurance--Copy requested by insured--Effect of noncompliance by insurer), in South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12
“If any policy of life or health insurance delivered in this state is reinstated or renewed, and the insured or the beneficiary or assignee of the policy makes written request to the insurer for a copy of the application, if any, for such reinstatement or renewal, the insurer shall, within thirty...”
S.D. Codified Laws § 58-11-42 (Alteration of application for life or health insurance--Written consent of applicant--Insertions by insurer), in South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12
“No alteration of an application for any life or health insurance policy shall be made by any person other than the applicant without the applicant's written consent. However, insertions may be made by the insurer, for administrative purposes only, in such manner as to indicate that such insertions...”
S.D. Codified Laws § 58-12-11 (Payments under life or health insurance policy or annuity contract discharge insurer), in South Dakota Codified Laws Title 58, Chapters 58-10, 58-11, 58-11A and 58-12
“Whenever the proceeds of or payments under a life or health insurance policy or annuity contract heretofore or hereafter issued become payable in accordance with the terms of such policy or contract, or the exercise of any right or privilege thereunder, payment thereof by the insurer in accordance...”
S.D. Codified Laws § 58-10-7 (Insurance of property; insurable interest required)
“No contract of insurance of property or of any interest in property or arising from property shall be enforceable as to the insurance except for the benefit of persons having an insurable interest in the things insured as at the time of the loss.”
S.D. Codified Laws § 58-11-44 (Application for insurance or annuity; statements by insured deemed representations)
“All statements and descriptions in any application for an insurance policy, certificate, or annuity contract, by or on behalf of the insured or annuitant, shall be deemed to be representations and not warranties. No misrepresentation, omission, concealment of fact, or incorrect statement prevents a...”
S.D. Codified Laws § 58-10-10(5) (Insurance against fire, tornado, or lightning; two or more policies on the same property interest)
“(5) If two or more policies are written upon the same property interest, each insurer shall pay only that proportion of the cost of the loss that the limit of liability under its policy bears to the total amount of insurance covering the loss;”

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No. This page summarizes the document and links to the official version. Always rely on the text published by sdlegislature.gov for the current law.

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