South Dakota Codified Laws 62-5-20. Insurer to pay entire loss–Employer to reimburse deductible amount
Current as of: 2023 | Check for updates
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If an insured employer chooses a deductible, the insured employer is liable for the amount of the deductible paid for each claim of injury suffered by an employee. The insurer shall pay the entire cost of the employee’s loss and then seek reimbursement from the insured employer for the amount of the deductible.
Terms Used In South Dakota Codified Laws 62-5-20
- employer: includes the state and any municipal corporation within the state or any political subdivision of this state, and any individual, firm, association, limited liability company, or corporation, or the receiver or trustee of the same, or the legal representative of a deceased employer, using the service of another for pay. See South Dakota Codified Laws 62-1-2
Source: SL 1990, ch 418, § 3; SL 1991, ch 421, § 2.