Additional disclosure upon request

SDCL § 58-33A-16.6 — under STANDARDS FOR ADVERTISEMENT, SOLICITATION, AND SALE OF LIFE AND HEALTH INSURANCE.

SDCL § 58-33A-16.6

Upon request of the consumer or the consumer’s designated representative, the producer shall disclose: (1) A reasonable estimate of the amount of cash compensation to be received by the producer, which may be stated as a range of amounts or percentages; and (2) Whether the cash compensation is a one-time or multiple occurrence amount, and if a multiple occurrence amount, the frequency and amount of the occurrence, which may be stated as a range of amounts or percentages. Source: SL 2022, ch 186 , § 13, eff. Jan. 1, 2023.