Insurable Interest

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Insurable Interest

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Section
58-10-1

Application to all insurance and annuity contracts--Exceptions.

Section
58-10-2

Policy defined.

Section
58-10-3

Procurement of insurance on own life or body for benefit of another--Interest required for insurance on life or body of another.

Section
58-10-4

Insurable interest in personal insurance defined.

Section
58-10-5

Insurance benefits recoverable from beneficiary without insurable interest.

Section
58-10-6

Consent of insured required for life or health insurance on an individual.

Section
58-10-6.1

Assignment of incidents of ownership under life insurance policy--Assignment before July 1, 1989, enforceable.

Section
58-10-7

Insurance of property--Insurable interest required.

Section
58-10-8

Insurable interest in property defined.

Section
58-10-9

Measure of insurable interest in property.

Section
58-10-10

Insurance against fire, tornado, or lightning--Measure of damages where property wholly destroyed.

Section
58-10-11

Change of property interest on death of insured.

Section
58-10-12

Transfer of property interest between joint insureds.

Section
58-10-13

Trust defined.

Section
58-10-14

Business trust defined.

Section
58-10-15

Trust to be governed by South Dakota law.

Section
58-10-16

Retroactive effect of statutory provisions regarding trusts.

Section
58-10-17

Creation of entity to purchase, hold, or administer insurance contract on life of individual settlor.