ARSD 20:06:13:86.03. Exchanging of standardized plan -- Preexisting conditions and incontestability period

An issuer may not apply new pre-existing condition limitations or a new incontestability period to the new policy for those benefits contained in the exchanged 1990 standardized policy or certificate of the insured. Pre-existing condition limitations may be applied of no more than six months to any added benefits contained in the new 2010 standardized policy or certificate not contained in the exchanged policy.