South Dakota Life Insurance Resources
When you use South Dakota Term and Universal Life Insurance to replace income for your survivors, you might need to replace that income for a lifetime. If the surviving family was a two-income family, it takes time to adjust to one paycheck. If the insured was the sole wage earner with young children at home, the surviving spouse may need
- Income while children under age 18 are still at home and dependent
- Funds to meet college expenses
- Income after the youngest child reaches age 18 until the surviving spouse reaches retirement
- Additional income after the survivor retires and receives Social Security or a pension.
South Dakota Department of Insurance The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the South Dakota Life insurance market. Department of Insurance
South Dakota Life & Health Insurance Guaranty Association The state life insurance guaranty association works to guarantee the safety of all South Dakota Life Insurance coverage, even in the face of an insolvency by a member life insurance company. Life Insurance Guaranty Association