SDCL 58-15-34

In the case of all other policies, a statement of the mortality table and interest rate used in calculating the cash surrender values and the paid - up nonforfeiture benefits available under the policy, together with a table showing the cash surrender value, if any, and paid - up nonforfeiture benefit, if any, available under the policy on each policy anniversary, either during the first twenty policy years or during the term of the policy, whichever is shorter, such values and benefits to be calculated upon the assumption that there are no dividends or paid - up additions credited to the policy and that there is no indebtedness to the insurer on the policy; and (6) A statement that the cash surrender values and the paid - up nonforfeiture benefits available under the policy are not less than the minimum values and benefits required by or pursuant to the insurance laws of the state in which the policy is delivered; an explanation of the manner in which the cash surrender values and the paid - up nonforfeiture benefits are altered by the existence of any paid - up additions credited to the policy or any indebtedness to the insurer on the policy; if a detailed statement of the method of computation of the values and benefits shown in the policy is not stated therein, a statement that such method of computation has been filed with the insurance supervisory official of the state in which the policy is delivered; and a statement of the method to be used in calculating the cash surrender value and paid - up nonforfeiture benefit available under the policy or any policy anniversary beyond the last anniversary for which such values and benefits are consecutively shown in the policy. Source: SL 1966, ch 111 , ch 23, § 28 (1); SL 1982, ch 357 , § 1.