Section 58-17B-13 - Endorsement required--Cost-of-living adjustment not required. - South-dakota Statutes

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58-17B-13. Endorsement required--Cost-of-living adjustment not required. Any long-term care policy offered for sale in this state shall offer as an endorsement an annual cost-of-living adjustment in daily benefits paid.
Nothing in this section requires an insurer that offers a long-term care policy which pays benefits on an expense-incurred basis or which is a life insurance policy with long-term care benefits as a part of the life policy or a rider to the life policy to offer a cost-of-living adjustment.

Source: SL 1989, ch 440, § 14; SL 1990, ch 398, § 3.

State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-17b > Statute-58-17b-13

58-17B-13. Endorsement required--Cost-of-living adjustment not required. Any long-term care policy offered for sale in this state shall offer as an endorsement an annual cost-of-living adjustment in daily benefits paid.
Nothing in this section requires an insurer that offers a long-term care policy which pays benefits on an expense-incurred basis or which is a life insurance policy with long-term care benefits as a part of the life policy or a rider to the life policy to offer a cost-of-living adjustment.

Source: SL 1989, ch 440, § 14; SL 1990, ch 398, § 3.

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State Codes and Statutes

Statutes > South-dakota > Title-58 > Chapter-17b > Statute-58-17b-13

58-17B-13. Endorsement required--Cost-of-living adjustment not required. Any long-term care policy offered for sale in this state shall offer as an endorsement an annual cost-of-living adjustment in daily benefits paid.
Nothing in this section requires an insurer that offers a long-term care policy which pays benefits on an expense-incurred basis or which is a life insurance policy with long-term care benefits as a part of the life policy or a rider to the life policy to offer a cost-of-living adjustment.

Source: SL 1989, ch 440, § 14; SL 1990, ch 398, § 3.