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Statutes > South Dakota Statutes > Title 58 - INSURANCE > Chapter 10 - Insurable Interest

Chapter 10 - Insurable Interest

  • 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--Interestrequired 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--Assignmentbefore 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 propertywholly 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.




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