58-13-5. Chapter inapplicable when maximum possible loss not ascertainable.This chapter shall not apply to life or health insurance, annuities, title insurance, insurance of wet marine and transportation risks, workers' compensation insurance, employer's liability coverages, nor to any policy or type of coverage as to which the maximum possible loss to the insurer is not readily ascertainable on issuance of the policy. Source: SL 1966, ch 111, ch 4, §11 (6).
South Dakota Legal Code